US HB5403 | 2013-2014 | 113th Congress
Status
Spectrum: Slight Partisan Bill (Republican 93-56-1)
Status: Introduced on September 8 2014 - 25% progression, died in committee
Action: 2014-09-08 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 8 2014 - 25% progression, died in committee
Action: 2014-09-08 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Reforming CFPB Indirect Auto Financing Guidance Act - Declares without force or effect Consumer Financial Protection Bureau (CFPB) Bulletin 2013-02 (Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act), published March 21, 2013. Amends the Consumer Financial Protection Act of 2010 to direct the CFPB, when proposing and issuing guidance primarily related to indirect auto financing, to: provide for a public notice and comment period before issuing the guidance in final form; make publicly available all information relied on by the CFPB; redact any information exempt from disclosure under the Freedom of Information Act; consult with the Board of Governors of the Federal Reserve System, the Federal Trade Commission (FTC), and the Department of Justice (DOJ); and study the costs and impacts of the guidance to consumers and women-owned, minority-owned, and small businesses.
Title
Reforming CFPB Indirect Auto Financing Guidance Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2014-09-08 | House | Referred to the House Committee on Financial Services. |
Same As/Similar To
HB4811 (Related) 2014-06-11 - Ordered to be Reported by the Yeas and Nays: 35 - 24.
Subjects
Administrative law and regulatory procedures
Banking and financial institutions regulation
Consumer affairs
Consumer credit
Consumer Financial Protection Bureau
Finance and financial sector
Financial services and investments
Government information and archives
Government studies and investigations
Minority and disadvantaged businesses
Motor vehicles
Small business
Women in business
Banking and financial institutions regulation
Consumer affairs
Consumer credit
Consumer Financial Protection Bureau
Finance and financial sector
Financial services and investments
Government information and archives
Government studies and investigations
Minority and disadvantaged businesses
Motor vehicles
Small business
Women in business
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/5403/all-info |
Text | https://www.congress.gov/113/bills/hr5403/BILLS-113hr5403ih.pdf |