US HB5569 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 22 2016 - 25% progression, died in committee
Action: 2016-06-22 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 22 2016 - 25% progression, died in committee
Action: 2016-06-22 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Consumer Financial Protection Act of 2010 to repeal the authority of the Bureau of Consumer Financial Protection to restrict arbitration, and for other purposes. This bill amends the Consumer Financial Protection Act of 2010 to repeal the authority of the Consumer Financial Protection Bureau to restrict the use of an agreement between a financial product or service provider and a consumer providing for arbitration of any future dispute between the parties.
Title
To amend the Consumer Financial Protection Act of 2010 to repeal the authority of the Bureau of Consumer Financial Protection to restrict arbitration, and for other purposes.
Sponsors
| Rep. Marlin Stutzman [R-IN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-06-22 | House | Referred to the House Committee on Financial Services. |
| 2016-06-22 | House | Introduced in House |
Subjects
Alternative dispute resolution, mediation, arbitration
Consumer credit
Consumer Financial Protection Bureau
Finance and financial sector
Financial services and investments
Consumer credit
Consumer Financial Protection Bureau
Finance and financial sector
Financial services and investments
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/5569/all-info |
| Text | https://www.congress.gov/114/bills/hr5569/BILLS-114hr5569ih.pdf |
