Providing for consideration of the bill (H.R. 477) to amend the Securities Exchange Act of 1934 to exempt from registration brokers performing services in connection with the transfer of ownership of smaller privately held companies; providing for consideration of the bill (H.R. 3971) to amend the Truth in Lending Act and the Real Estate Settlement Procedures Act of 1974 to modify the requirements for community financial institutions with respect to certain rules relating to mortgage loans, and for other purposes; and providing for consideration of the joint resolution (H.J. Res. 123) making further continuing appropriations for fiscal year 2018, and for other purposes.

Bill 115 HRES 647 is a legislative package that includes three separate bills for consideration by the US Congress. The first bill, H.R. 477, aims to amend the Securities Exchange Act of 1934 in order to exempt brokers who are involved in the transfer of ownership of smaller privately held companies from registration requirements. This bill is intended to streamline the process for brokers working with these types of companies.

The second bill included in the package is H.R. 3971, which seeks to amend the Truth in Lending Act and the Real Estate Settlement Procedures Act of 1974. The purpose of this bill is to modify the requirements for community financial institutions in relation to certain rules regarding mortgage loans. The bill aims to provide these institutions with more flexibility and reduce regulatory burdens in order to better serve their communities.

The third component of the legislative package is the joint resolution H.J. Res. 123, which proposes further continuing appropriations for fiscal year 2018. This resolution is intended to provide funding for various government programs and operations for the remainder of the fiscal year. Overall, Bill 115 HRES 647 encompasses a range of legislative proposals aimed at addressing various issues related to securities regulation, mortgage lending, and government funding. The bills included in the package seek to make targeted changes to existing laws in order to improve efficiency, reduce regulatory burdens, and ensure continued funding for important government programs.