US HB1640 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 15 2011 - 25% progression, died in committee
Action: 2011-05-02 - Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Pending: House Subcommittee on Financial Institutions and Consumer Credit Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Bureau of Consumer Financial Protection Accountability Act - Amends the Consumer Financial Protection Act of 2010 to subject the Bureau of Consumer Financial Protection to regular appropriations. Repeals the requirement of an annual transfer to the Bureau of funds from the Board of Governors of the Federal Reserve System. Subjects the Bureau to the regular authorization, budget, and appropriations process of the Department of the Treasury. Repeals establishment of the Bureau of Consumer Financial Protection Fund. Replaces the authorization of appropriations for FY2010-FY2014 with an authorization for only FY2011-FY2012.

Tracking Information

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Title

Bureau of Consumer Financial Protection Accountability Act

Sponsors

Rep. Bill Posey [R-FL]

History

DateChamberAction
2011-05-02HouseReferred to the Subcommittee on Financial Institutions and Consumer Credit.
2011-04-15HouseReferred to the House Committee on Financial Services.

Same As/Similar To

HB1355 (Related) 2012-02-08 - Subcommittee Hearings Held.

Subjects


US Congress State Sources


Bill Comments

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