I 115th CONGRESS 1st Session H. R. 1667 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend title 11 of the United States Code in order to facilitate the resolution of an insolvent financial institution in bankruptcy.

1. Short title This Act may be cited as the Financial Institution Bankruptcy Act of 2017 . 2. General provisions relating to covered financial corporations (a) Definition Section 101 of title 11, United States Code, is amended by inserting the following after paragraph (9): (9A) The term covered financial corporation means any corporation incorporated or organized under any Federal or State law, other than a stockbroker, a commodity broker, or an entity of the kind specified in paragraph (2) or (3) of section 109(b), that is— (A) a bank holding company, as defined in section 2(a) of the Bank Holding Company Act of 1956; or (B) a corporation that exists for the primary purpose of owning, controlling and financing its subsidiaries, that has total consolidated assets of $50,000,000,000 or greater, and for which, in its most recently completed fiscal year— (i) annual gross revenues derived by the corporation and all of its subsidiaries from activities that are financial in nature (as defined in section 4(k) of the Bank Holding Company Act of 1956) and, if applicable, from the ownership or control of one or more insured depository institutions, represents 85 percent or more of the consolidated annual gross revenues of the corporation; or (ii) the consolidated assets of the corporation and all of its subsidiaries related to activities that are financial in nature (as defined in section 4(k) of the Bank Holding Company Act of 1956) and, if applicable, related to the ownership or control of one or more insured depository institutions, represents 85 percent or more of the consolidated assets of the corporation. . (b) Applicability of chapters Section 103 of title 11, United States Code, is amended by adding at the end the following: (l) Subchapter V of chapter 11 of this title applies only in a case under chapter 11 concerning a covered financial corporation. . (c) Who may be a debtor Section 109 of title 11, United States Code, is amended— (1) in subsection (b)— (A) in paragraph (2), by striking or at the end; (B) in paragraph (3)(B), by striking the period at the end and inserting ; or ; and (C) by adding at the end the following: (4) a covered financial corporation. ; and (2) in subsection (d)— (A) by striking and before an uninsured State member bank ; (B) by striking or before a corporation ; and (C) by inserting , or a covered financial corporation after Federal Deposit Insurance Corporation Improvement Act of 1991 . (d) Conversion to chapter 7 Section 1112 of title 11, United States Code, is amended by adding at the end the following: (g) Notwithstanding section 109(b), the court may convert a case under subchapter V to a case under chapter 7 if— (1) a transfer approved under section 1185 has been consummated; (2) the court has ordered the appointment of a special trustee under section 1186; and (3) the court finds, after notice and a hearing, that conversion is in the best interest of the creditors and the estate. . (e) (1) Section 726(a)(1) of title 11, United States Code, is amended by inserting after first, the following: in payment of any unpaid fees, costs, and expenses of a special trustee appointed under section 1186, and then . (2) Section 1129(a) of title 11, United States Code, is amended by inserting after paragraph (16) the following: (17) In a case under subchapter V, all payable fees, costs, and expenses of the special trustee have been paid or the plan provides for the payment of all such fees, costs, and expenses on the effective date of the plan. (18) In a case under subchapter V, confirmation of the plan is not likely to cause serious adverse effects on financial stability in the United States. . (f) Section 322(b)(2) of title 11, United States Code, is amended by striking The and inserting In cases under subchapter V, the United States trustee shall recommend to the court, and in all other cases, the . 3. Liquidation, reorganization, or recapitalization of a covered financial corporation Chapter 11 of title 11, United States Code, is amended by adding at the end the following: V Liquidation, Reorganization, or Recapitalization of a Covered Financial Corporation 1181. Inapplicability of other sections Sections 303 and 321(c) do not apply in a case under this subchapter concerning a covered financial corporation. Section 365 does not apply to a transfer under section 1185, 1187, or 1188. 1182. Definitions for this subchapter In this subchapter, the following definitions shall apply: (1) The term Board means the Board of Governors of the Federal Reserve System. (2) The term bridge company means a newly formed corporation to which property of the estate may be transferred under section 1185(a) and the equity securities of which may be transferred to a special trustee under section 1186(a). (3) The term capital structure debt means all unsecured debt of the debtor for borrowed money for which the debtor is the primary obligor, other than a qualified financial contract and other than debt secured by a lien on property of the estate that is to be transferred to a bridge company pursuant to an order of the court under section 1185(a). (4) The term contractual right means a contractual right of a kind defined in section 555, 556, 559, 560, or 561. (5) The term qualified financial contract means any contract of a kind defined in paragraph (25), (38A), (47), or (53B) of section 101, section 741(7), or paragraph (4), (5), (11), or (13) of section 761. (6) The term special trustee means the trustee of a trust formed under section 1186(a)(1). 1183. Commencement of a case concerning a covered financial corporation (a) A case under this subchapter concerning a covered financial corporation may be commenced by the filing of a petition with the court by the debtor under section 301 only if the debtor states to the best of its knowledge under penalty of perjury in the petition that it is a covered financial corporation. (b) The commencement of a case under subsection (a) constitutes an order for relief under this subchapter. (c) The members of the board of directors (or body performing similar functions) of a covered financial corporation shall have no liability to shareholders, creditors, or other parties in interest for a good faith filing of a petition to commence a case under this subchapter, or for any reasonable action taken in good faith in contemplation of such a petition or a transfer under section 1185 or section 1186, whether prior to or after commencement of the case. (d) Counsel to the debtor shall provide, to the greatest extent practicable without disclosing the identity of the potential debtor, sufficient confidential notice to the chief judge of the court of appeals for the circuit embracing the district in which such counsel intends to file a petition to commence a case under this subchapter regarding the potential commencement of such case. The chief judge of such court shall randomly assign to preside over such case a bankruptcy judge selected from among the bankruptcy judges designated by the Chief Justice of the United States under section 298 of title 28. 1184. Regulators The Board, the Securities Exchange Commission, the Office of the Comptroller of the Currency of the Department of the Treasury, the Commodity Futures Trading Commission, and the Federal Deposit Insurance Corporation may raise and may appear and be heard on any issue in any case or proceeding under this subchapter. 1185. Special transfer of property of the estate (a) On request of the trustee, and after notice and a hearing that shall occur not less than 24 hours after the order for relief, the court may order a transfer under this section of property of the estate, and the assignment of executory contracts, unexpired leases, and qualified financial contracts of the debtor, to a bridge company. Upon the entry of an order approving such transfer, any property transferred, and any executory contracts, unexpired leases, and qualified financial contracts assigned under such order shall no longer be property of the estate. Except as provided under this section, the provisions of section 363 shall apply to a transfer and assignment under this section. (b) Unless the court orders otherwise, notice of a request for an order under subsection (a) shall consist of electronic or telephonic notice of not less than 24 hours to— (1) the debtor; (2) the holders of the 20 largest secured claims against the debtor; (3) the holders of the 20 largest unsecured claims against the debtor; (4) counterparties to any debt, executory contract, unexpired lease, and qualified financial contract requested to be transferred under this section; (5) the Board; (6) the Federal Deposit Insurance Corporation; (7) the Secretary of the Treasury and the Office of the Comptroller of the Currency of the Treasury; (8) the Commodity Futures Trading Commission; (9) the Securities and Exchange Commission; (10) the United States trustee or bankruptcy administrator; and (11) each primary financial regulatory agency, as defined in section 2(12) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, with respect to any affiliate the equity securities of which are proposed to be transferred under this section. (c) The court may not order a transfer under this section unless the court determines, based upon a preponderance of the evidence, that— (1) the transfer under this section is necessary to prevent serious adverse effects on financial stability in the United States; (2) the transfer does not provide for the assumption of any capital structure debt by the bridge company; (3) the transfer does not provide for the transfer to the bridge company of any property of the estate that is subject to a lien securing a debt, executory contract, unexpired lease or agreement (including a qualified financial contract) of the debtor unless— (A) (i) the bridge company assumes such debt, executory contract, unexpired lease or agreement (including a qualified financial contract), including any claims arising in respect thereof that would not be allowed secured claims under section 506(a)(1) and after giving effect to such transfer, such property remains subject to the lien securing such debt, executory contract, unexpired lease or agreement (including a qualified financial contract); and (ii) the court has determined that assumption of such debt, executory contract, unexpired lease or agreement (including a qualified financial contract) by the bridge company is in the best interests of the estate; or (B) such property is being transferred to the bridge company in accordance with the provisions of section 363; (4) the transfer does not provide for the assumption by the bridge company of any debt, executory contract, unexpired lease or agreement (including a qualified financial contract) of the debtor secured by a lien on property of the estate unless the transfer provides for such property to be transferred to the bridge company in accordance with paragraph (3)(A) of this subsection; (5) the transfer does not provide for the transfer of the equity of the debtor; (6) the trustee has demonstrated that the bridge company is not likely to fail to meet the obligations of any debt, executory contract, qualified financial contract, or unexpired lease assumed and assigned to the bridge company; (7) the transfer provides for the transfer to a special trustee all of the equity securities in the bridge company and appointment of a special trustee in accordance with section 1186; (8) after giving effect to the transfer, adequate provision has been made for the fees, costs, and expenses of the estate and special trustee; and (9) the bridge company will have governing documents, and initial directors and senior officers, that are in the best interest of creditors and the estate. (d) Immediately before a transfer under this section, the bridge company that is the recipient of the transfer shall— (1) not have any property, executory contracts, unexpired leases, qualified financial contracts, or debts, other than any property acquired or executory contracts, unexpired leases, or debts assumed when acting as a transferee of a transfer under this section; and (2) have equity securities that are property of the estate, which may be sold or distributed in accordance with this title. 1186. Special trustee (a) (1) An order approving a transfer under section 1185 shall require the trustee to transfer to a qualified and independent special trustee, who is appointed by the court, all of the equity securities in the bridge company that is the recipient of a transfer under section 1185 to hold in trust for the sole benefit of the estate, subject to satisfaction of the special trustee’s fees, costs, and expenses. The trust of which the special trustee is the trustee shall be a newly formed trust governed by a trust agreement approved by the court as in the best interests of the estate, and shall exist for the sole purpose of holding and administering, and shall be permitted to dispose of, the equity securities of the bridge company in accordance with the trust agreement. (2) In connection with the hearing to approve a transfer under section 1185, the trustee shall confirm to the court that the Board has been consulted regarding the identity of the proposed special trustee and advise the court of the results of such consultation. (b) The trust agreement governing the trust shall provide— (1) for the payment of the fees, costs, expenses, and indemnities of the special trustee from the assets of the debtor’s estate; (2) that the special trustee provide— (A) quarterly reporting to the estate, which shall be filed with the court; and (B) information about the bridge company reasonably requested by a party in interest to prepare a disclosure statement for a plan providing for distribution of any securities of the bridge company if such information is necessary to prepare such disclosure statement; (3) that for as long as the equity securities of the bridge company are held by the trust, the special trustee shall file a notice with the court in connection with— (A) any change in a director or senior officer of the bridge company; (B) any modification to the governing documents of the bridge company; and (C) any material corporate action of the bridge company, including— (i) recapitalization; (ii) a material borrowing; (iii) termination of an intercompany debt or guarantee; (iv) a transfer of a substantial portion of the assets of the bridge company; or (v) the issuance or sale of any securities of the bridge company; (4) that any sale of any equity securities of the bridge company shall not be consummated until the special trustee consults with the Federal Deposit Insurance Corporation and the Board regarding such sale and discloses the results of such consultation with the court; (5) that, subject to reserves for payments permitted under paragraph (1) provided for in the trust agreement, the proceeds of the sale of any equity securities of the bridge company by the special trustee be held in trust for the benefit of or transferred to the estate; (6) the process and guidelines for the replacement of the special trustee; and (7) that the property held in trust by the special trustee is subject to distribution in accordance with subsection (c). (c) (1) The special trustee shall distribute the assets held in trust— (A) if the court confirms a plan in the case, in accordance with the plan on the effective date of the plan; or (B) if the case is converted to a case under chapter 7, as ordered by the court. (2) As soon as practicable after a final distribution under paragraph (1), the office of the special trustee shall terminate, except as may be necessary to wind up and conclude the business and financial affairs of the trust. (d) After a transfer to the special trustee under this section, the special trustee shall be subject only to applicable nonbankruptcy law, and the actions and conduct of the special trustee shall no longer be subject to approval by the court in the case under this subchapter. 1187. Temporary and supplemental automatic stay; assumed debt (a) (1) A petition filed under section 1183 operates as a stay, applicable to all entities, of the termination, acceleration, or modification of any debt, contract, lease, or agreement of the kind described in paragraph (2), or of any right or obligation under any such debt, contract, lease, or agreement, solely because of— (A) a default by the debtor under any such debt, contract, lease, or agreement; or (B) a provision in such debt, contract, lease, or agreement, or in applicable nonbankruptcy law, that is conditioned on— (i) the insolvency or financial condition of the debtor at any time before the closing of the case; (ii) the commencement of a case under this title concerning the debtor; (iii) the appointment of or taking possession by a trustee in a case under this title concerning the debtor or by a custodian before the commencement of the case; or (iv) a credit rating agency rating, or absence or withdrawal of a credit rating agency rating— (I) of the debtor at any time after the commencement of the case; (II) of an affiliate during the period from the commencement of the case until 48 hours after such order is entered; (III) of the bridge company while the trustee or the special trustee is a direct or indirect beneficial holder of more than 50 percent of the equity securities of— (aa) the bridge company; or (bb) the affiliate, if all of the direct or indirect interests in the affiliate that are property of the estate are transferred under section 1185; or (IV) of an affiliate while the trustee or the special trustee is a direct or indirect beneficial holder of more than 50 percent of the equity securities of— (aa) the bridge company; or (bb) the affiliate, if all of the direct or indirect interests in the affiliate that are property of the estate are transferred under section 1185. (2) A debt, contract, lease, or agreement described in this paragraph is— (A) any debt (other than capital structure debt), executory contract, or unexpired lease of the debtor (other than a qualified financial contract); (B) any agreement under which the debtor issued or is obligated for debt (other than capital structure debt); (C) any debt, executory contract, or unexpired lease of an affiliate (other than a qualified financial contract); or (D) any agreement under which an affiliate issued or is obligated for debt. (3) The stay under this subsection terminates— (A) for the benefit of the debtor, upon the earliest of— (i) 48 hours after the commencement of the case; (ii) assumption of the debt, contract, lease, or agreement by the bridge company under an order authorizing a transfer under section 1185; (iii) a final order of the court denying the request for a transfer under section 1185; or (iv) the time the case is dismissed; and (B) for the benefit of an affiliate, upon the earliest of— (i) the entry of an order authorizing a transfer under section 1185 in which the direct or indirect interests in the affiliate that are property of the estate are not transferred under section 1185; (ii) a final order by the court denying the request for a transfer under section 1185; (iii) 48 hours after the commencement of the case if the court has not ordered a transfer under section 1185; or (iv) the time the case is dismissed. (4) Subsections (d), (e), (f), and (g) of section 362 apply to a stay under this subsection. (b) A debt, executory contract (other than a qualified financial contract), or unexpired lease of the debtor, or an agreement under which the debtor has issued or is obligated for any debt, may be assumed by a bridge company in a transfer under section 1185 notwithstanding any provision in an agreement or in applicable nonbankruptcy law that— (1) prohibits, restricts, or conditions the assignment of the debt, contract, lease, or agreement; or (2) accelerates, terminates, or modifies, or permits a party other than the debtor to terminate or modify, the debt, contract, lease, or agreement on account of— (A) the assignment of the debt, contract, lease, or agreement; or (B) a change in control of any party to the debt, contract, lease, or agreement. (c) (1) A debt, contract, lease, or agreement of the kind described in subparagraph (A) or (B) of subsection (a)(2) may not be accelerated, terminated, or modified, and any right or obligation under such debt, contract, lease, or agreement may not be accelerated, terminated, or modified, as to the bridge company solely because of a provision in the debt, contract, lease, or agreement or in applicable nonbankruptcy law— (A) of the kind described in subsection (a)(1)(B) as applied to the debtor; (B) that prohibits, restricts, or conditions the assignment of the debt, contract, lease, or agreement; or (C) that accelerates, terminates, or modifies, or permits a party other than the debtor to terminate or modify, the debt, contract, lease or agreement on account of— (i) the assignment of the debt, contract, lease, or agreement; or (ii) a change in control of any party to the debt, contract, lease, or agreement. (2) If there is a default by the debtor under a provision other than the kind described in paragraph (1) in a debt, contract, lease or agreement of the kind described in subparagraph (A) or (B) of subsection (a)(2), the bridge company may assume such debt, contract, lease, or agreement only if the bridge company— (A) shall cure the default; (B) compensates, or provides adequate assurance in connection with a transfer under section 1185 that the bridge company will promptly compensate, a party other than the debtor to the debt, contract, lease, or agreement, for any actual pecuniary loss to the party resulting from the default; and (C) provides adequate assurance in connection with a transfer under section 1185 of future performance under the debt, contract, lease, or agreement, as determined by the court under section 1185(c)(4). 1188. Treatment of qualified financial contracts and affiliate contracts (a) Notwithstanding sections 362(b)(6), 362(b)(7), 362(b)(17), 362(b)(27), 362(o), 555, 556, 559, 560, and 561, a petition filed under section 1183 operates as a stay, during the period specified in section 1187(a)(3)(A), applicable to all entities, of the exercise of a contractual right— (1) to cause the modification, liquidation, termination, or acceleration of a qualified financial contract of the debtor or an affiliate; (2) to offset or net out any termination value, payment amount, or other transfer obligation arising under or in connection with a qualified financial contract of the debtor or an affiliate; or (3) under any security agreement or arrangement or other credit enhancement forming a part of or related to a qualified financial contract of the debtor or an affiliate. (b) (1) During the period specified in section 1187(a)(3)(A), the trustee or the affiliate shall perform all payment and delivery obligations under such qualified financial contract of the debtor or the affiliate, as the case may be, that become due after the commencement of the case. The stay provided under subsection (a) terminates as to a qualified financial contract of the debtor or an affiliate immediately upon the failure of the trustee or the affiliate, as the case may be, to perform any such obligation during such period. (2) Any failure by a counterparty to any qualified financial contract of the debtor or any affiliate to perform any payment or delivery obligation under such qualified financial contract, including during the pendency of the stay provided under subsection (a), shall constitute a breach of such qualified financial contract by the counterparty. (c) Subject to the court’s approval, a qualified financial contract between an entity and the debtor may be assigned to or assumed by the bridge company in a transfer under, and in accordance with, section 1185 if and only if— (1) all qualified financial contracts between the entity and the debtor are assigned to and assumed by the bridge company in the transfer under section 1185; (2) all claims of the entity against the debtor in respect of any qualified financial contract between the entity and the debtor (other than any claim that, under the terms of the qualified financial contract, is subordinated to the claims of general unsecured creditors) are assigned to and assumed by the bridge company; (3) all claims of the debtor against the entity under any qualified financial contract between the entity and the debtor are assigned to and assumed by the bridge company; and (4) all property securing or any other credit enhancement furnished by the debtor for any qualified financial contract described in paragraph (1) or any claim described in paragraph (2) or (3) under any qualified financial contract between the entity and the debtor is assigned to and assumed by the bridge company. (d) Notwithstanding any provision of a qualified financial contract or of applicable nonbankruptcy law, a qualified financial contract of the debtor that is assumed or assigned in a transfer under section 1185 may not be accelerated, terminated, or modified, after the entry of the order approving a transfer under section 1185, and any right or obligation under the qualified financial contract may not be accelerated, terminated, or modified, after the entry of the order approving a transfer under section 1185 solely because of a condition described in section 1187(c)(1), other than a condition of the kind specified in section 1187(b) that occurs after property of the estate no longer includes a direct beneficial interest or an indirect beneficial interest through the special trustee, in more than 50 percent of the equity securities of the bridge company. (e) Notwithstanding any provision of any agreement or in applicable nonbankruptcy law, an agreement of an affiliate (including an executory contract, an unexpired lease, qualified financial contract, or an agreement under which the affiliate issued or is obligated for debt) and any right or obligation under such agreement may not be accelerated, terminated, or modified, solely because of a condition described in section 1187(c)(1), other than a condition of the kind specified in section 1187(b) that occurs after the bridge company is no longer a direct or indirect beneficial holder of more than 50 percent of the equity securities of the affiliate, at any time after the commencement of the case if— (1) all direct or indirect interests in the affiliate that are property of the estate are transferred under section 1185 to the bridge company within the period specified in subsection (a); (2) the bridge company assumes— (A) any guarantee or other credit enhancement issued by the debtor relating to the agreement of the affiliate; and (B) any obligations in respect of rights of setoff, netting arrangement, or debt of the debtor that directly arises out of or directly relates to the guarantee or credit enhancement; and (3) any property of the estate that directly serves as collateral for the guarantee or credit enhancement is transferred to the bridge company. 1189. Licenses, permits, and registrations (a) Notwithstanding any otherwise applicable nonbankruptcy law, if a request is made under section 1185 for a transfer of property of the estate, any Federal, State, or local license, permit, or registration that the debtor or an affiliate had immediately before the commencement of the case and that is proposed to be transferred under section 1185 may not be accelerated, terminated, or modified at any time after the request solely on account of— (1) the insolvency or financial condition of the debtor at any time before the closing of the case; (2) the commencement of a case under this title concerning the debtor; (3) the appointment of or taking possession by a trustee in a case under this title concerning the debtor or by a custodian before the commencement of the case; or (4) a transfer under section 1185. (b) Notwithstanding any otherwise applicable nonbankruptcy law, any Federal, State, or local license, permit, or registration that the debtor had immediately before the commencement of the case that is included in a transfer under section 1185 shall be valid and all rights and obligations thereunder shall vest in the bridge company. 1190. Exemption from securities laws For purposes of section 1145, a security of the bridge company shall be deemed to be a security of a successor to the debtor under a plan if the court approves the disclosure statement for the plan as providing adequate information (as defined in section 1125(a)) about the bridge company and the security. 1191. Inapplicability of certain avoiding powers A transfer made or an obligation incurred by the debtor to an affiliate prior to or after the commencement of the case, including any obligation released by the debtor or the estate to or for the benefit of an affiliate, in contemplation of or in connection with a transfer under section 1185 is not avoidable under section 544, 547, 548(a)(1)(B), or 549, or under any similar nonbankruptcy law. 1192. Consideration of financial stability The court may consider the effect that any decision in connection with this subchapter may have on financial stability in the United States. . 4. Amendments to title 28, United States Code (a) Amendment to chapter 13 Chapter 13 of title 28, United States Code, is amended by adding at the end the following: 298. Judge for a case under subchapter V of chapter 11 of title 11 (a) (1) Notwithstanding section 295, the Chief Justice of the United States shall designate not fewer than 10 bankruptcy judges to be available to hear a case under subchapter V of chapter 11 of title 11. Bankruptcy judges may request to be considered by the Chief Justice of the United States for such designation. (2) Notwithstanding section 155, a case under subchapter V of chapter 11 of title 11 shall be heard under section 157 by a bankruptcy judge designated under paragraph (1), who shall be randomly assigned to hear such case by the chief judge of the court of appeals for the circuit embracing the district in which the case is pending. To the greatest extent practicable, the approvals required under section 155 should be obtained. (3) If the bankruptcy judge assigned to hear a case under paragraph (2) is not assigned to the district in which the case is pending, the bankruptcy judge shall be temporarily assigned to the district. (b) A case under subchapter V of chapter 11 of title 11, and all proceedings in the case, shall take place in the district in which the case is pending. (c) In this section, the term covered financial corporation has the meaning given that term in section 101(9A) of title 11. . (b) Amendment to section 1334 of title 28 Section 1334 of title 28, United States Code, is amended by adding at the end the following: (f) This section does not grant jurisdiction to the district court after a transfer pursuant to an order under section 1185 of title 11 of any proceeding related to a special trustee appointed, or to a bridge company formed, in connection with a case under subchapter V of chapter 11 of title 11. . (c) Technical and conforming amendments (1) The table of sections of chapter 13 of title 28, United States Code, is amended by adding at the end the following: 298. Judge for a case under subchapter V of chapter 11 of title 11. . (2) The table of subchapters of chapter 11 of title 11, United States Code, is amended by adding at the end the following: Subchapter V—Liquidation, Reorganization, or Recapitalization of a Covered Financial Corporation 1181. Inapplicability of other sections. 1182. Definitions for this subchapter. 1183. Commencement of a case concerning a covered financial corporation. 1184. Regulators. 1185. Special transfer of property of the estate. 1186. Special trustee. 1187. Temporary and supplemental automatic stay; assumed debt. 1188. Treatment of qualified financial contracts and affiliate contracts. 1189. Licenses, permits, and registrations. 1190. Exemption from securities laws. 1191. Inapplicability of certain avoiding powers. 1192. Consideration of financial stability. .

Passed the House of Representatives April 5, 2017. Karen L. Haas, Clerk.