US Congress House Bill 3519 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on October 29 2013 - 25% progression, died in chamber
Action: 2014-02-06 - Placed on the Union Calendar, Calendar No. 257.
Text: Latest bill text (Introduced) [PDF]

Bureau of Consumer Financial Protection Accountability Act and Transparency Act of 2013 - (Sec. 2) Amends the Consumer Financial Protection Act of 2010 to: (1) rename the Consumer Financial Protection Bureau (CFPB) the Financial Product Safety Commission (FPSC) , (2) remove it from the Federal Reserve System, and (3) repeal the authority of the FPSC Director to establish regional offices in cities in which either Federal Reserve Banks or their branches are located. Repeals the requirement that not fewer than six members of the Consumer Advisory Board be appointed to it by the FPSC Director on a rotating basis upon the recommendation of the regional Federal Reserve Bank Presidents. (Sec. 3) Repeals the mandatory annual transfer of funds to the CFPB from the Board of Governors of the Federal Reserve System. Subjects the FPSC to the regular authorization, budget, and appropriations process of the Department of the Treasury. Eliminates the Consumer Financial Protection Fund. Authorizes appropriations for each of FY2014 and FY2015. (Sec. 4) Deems any reference in any record of the United States to the CFPB to be a reference to the FPSC.

Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013

Rep. Randy Neugebauer [R-TX]

Date	Chamber	Action
2014-02-06	House	Placed on the Union Calendar, Calendar No. 257.
2014-02-06	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 113-347.
2013-11-21	House	Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 24.
2013-11-21	House	Committee Consideration and Mark-up Session Held.
2013-11-18	House	Referred to the House Committee on Financial Services.
2013-10-29	House	Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.

HB3192 (Related) 2013-10-29 - Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/3519/all-info
Text	https://www.congress.gov/113/bills/hr3519/BILLS-113hr3519ih.pdf
Text	https://www.congress.gov/113/bills/hr3519/BILLS-113hr3519rh.pdf