US HB4067 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Engrossed on October 29 2019 - 50% progression, died in committee
Action: 2019-10-29 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on October 29 2019 - 50% progression, died in committee
Action: 2019-10-29 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. The office must, in part (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation. The bill also decreases, beginning September 30, 2029, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)
Title
Financial Inclusion in Banking Act of 2019
Sponsors
Rep. David Scott [D-GA] | Rep. Sean Duffy [R-WI] | Rep. Brian Fitzpatrick [R-PA] | Rep. Vicente Gonzalez [D-TX] |
Rep. Brad Sherman [D-CA] | Rep. Emanuel Cleaver [D-MO] |
History
Date | Chamber | Action |
---|---|---|
2019-10-29 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
2019-10-28 | House | Motion to reconsider laid on the table Agreed to without objection. |
2019-10-28 | House | On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8503) |
2019-10-28 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 4067. |
2019-10-28 | House | Considered under suspension of the rules. (consideration: CR H8503-8505) |
2019-10-28 | House | Mr. Scott, David moved to suspend the rules and pass the bill, as amended. |
2019-09-20 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 55 - 0. |
2019-09-20 | House | Committee Consideration and Mark-up Session Held. |
2019-09-19 | House | Committee Consideration and Mark-up Session Held. |
2019-09-18 | House | Committee Consideration and Mark-up Session Held. |
2019-07-25 | House | Referred to the House Committee on Financial Services. |
2019-07-25 | House | Introduced in House |
Same As/Similar To
HB1285 (Related) 2019-02-14 - Referred to the House Committee on Financial Services.
Subjects
Bank accounts, deposits, capital
Congressional oversight
Consumer credit
Consumer Financial Protection Bureau
Executive agency funding and structure
Finance and financial sector
Financial literacy
Government studies and investigations
Congressional oversight
Consumer credit
Consumer Financial Protection Bureau
Executive agency funding and structure
Finance and financial sector
Financial literacy
Government studies and investigations