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Tuesday, January 30th

Jan 29, 2018
Legislative Digest

On the Floor Today: 1 Rule Bill & 1 Suspension Bill (PDF)


On Tuesday, the House will meet at 10:00 a.m. for morning hour and 12:00 p.m. for legislative business. First votes expected: 1:30 p.m. - 2:30 p.m. Last Votes expected: 4:00 p.m. - 5:00 p.m. The House will recess no later than 5:00 p.m. and reconvene at approximately 8:35 p.m. for a Joint Session of Congress to receive the President's State of the Union Address. Members are requested to be on the Floor and seated no later than 8:20 p.m. 

1 Rule Bill 

1) H.R. 4877 - Department of Defense Appropriations Act, 2018 (PDF)

Sponsor: Rep. Kay Granger (R-TX) | Appropriations Committee

Topline Summary: This bill provides $659.2 billion in total discretionary budget authority for the Department of Defense for fiscal year (FY) 2018. The bill provides $584 billion for the Department of Defense base budget, and $75.1 billion for the Overseas Contingency Operations (OCO) account to support the Global War on Terrorism (GWOT). This funding fully funds a 2.4% pay raise for our
troops, and supports an increase in troop numbers for Active, Reserve, and Guard.

1 Suspension

1) H.R. 4292 - Financial Institution Living Will Improvement Act of 2017 (PDF)

Sponsor: Rep. Lee Zeldin (R-NY) | Financial Services Committee

Topline Summary: This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to reform the resolution plan submission (“living will”) process by requiring bank holding companies to submit to the Federal Reserve Board (Federal Reserve) and the Federal Deposit Insurance Corporation (FDIC) resolution plans every two years.

 

115th Congress