US HB6125 | 2011-2012 | 112th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on July 12 2012 - 25% progression, died in committee
Action: 2012-07-31 - 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]
Status: Introduced on July 12 2012 - 25% progression, died in committee
Action: 2012-07-31 - 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
Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to declare that certain federal agencies ("covered agencies") shall not be deemed to have waived any confidentiality applicable to information by either transferring such information to, or permitting it to be used by, another covered agency or specified federal agencies. Includes among "covered agencies": (1) the Consumer Financial Protection Bureau (CFPB), (2) state bank and financial company supervisors, and (3) certain licensing and registry systems established under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008. Defines "confidentiality" to include any work-product, attorney-client, or other privilege recognized under federal or state law. Shields also from the waiver of confidentiality any information submitted by a person to either a federal banking agency, the CFPB, a state bank supervisor, or foreign banking authority in the course of its supervisory or regulatory process.
Title
To amend the Federal Deposit Insurance Act and the Federal Credit Union Act with respect to privilege of information provided to Federal and State agencies, and for other purposes.
Sponsors
Rep. James Renacci [R-OH] | Rep. Ed Perlmutter [D-CO] | Sen. Gary Peters [D-MI] |
History
Date | Chamber | Action |
---|---|---|
2012-07-31 | House | Referred to the Subcommittee on Financial Institutions and Consumer Credit. |
2012-07-12 | House | Referred to the House Committee on Financial Services. |
Same As/Similar To
HB4014 (Related) 2012-12-20 - Became Public Law No: 112-215.
Subjects
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Banking and financial institutions regulation
Consumer credit
Consumer Financial Protection Bureau
Government information and archives
Bank accounts, deposits, capital
Banking and financial institutions regulation
Consumer credit
Consumer Financial Protection Bureau
Government information and archives
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/6125/all-info |
Text | https://www.congress.gov/112/bills/hr6125/BILLS-112hr6125ih.pdf |