US HB5188 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on July 24 2014 - 25% progression, died in committee
Action: 2014-07-24 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amends the Consumer Financial Protection Act of 2010 to require the Consumer Financial Protection Bureau (CFPB) to develop a model form for a disclosure notice to be used by depository institutions and credit unions to inform consumers before they open a checking account. Exempts from the requirement to use such a form any depository institutions or credit unions with total assets of less than $2 billion.

Tracking Information

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Title

To amend the Consumer Financial Protection Act of 2010 to require the Bureau of Consumer Financial Protection to develop a model form for a disclosure notice that shall be used by depository institutions and credit unions, and for other purposes.

Sponsors


History

DateChamberAction
2014-07-24HouseReferred to the House Committee on Financial Services.

Subjects


US Congress State Sources


Bill Comments

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