US SB1963 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on August 5 2015 - 25% progression, died in committee
Action: 2015-08-05 - 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 (Introduced) [PDF]
Status: Introduced on August 5 2015 - 25% progression, died in committee
Action: 2015-08-05 - 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 (Introduced) [PDF]
Summary
Bureau of Consumer Financial Protection Advisory Board Enhancement Act This bill amends the Consumer Financial Protection Act of 2010 to require the Director of the Consumer Financial Protection Bureau (CFPB) to establish: (1) a Small Business Advisory Board to advise and consult with the CFPB in the exercise of its functions under the federal consumer financial laws regarding financial products or services provided for use by consumers primarily for personal, family, or household purposes and to provide information on emerging practices of small businesses that provide such products or services; and (2) a Credit Union Advisory Council and a Community Bank Advisory Council to advise and consult with the CFPB on consumer financial products or services that impact credit unions and community banks, respectively.
Title
Bureau of Consumer Financial Protection Advisory Board Enhancement Act
Sponsors
Sen. Mike Rounds [R-SD] | Sen. Angus King [I-ME] |
History
Date | Chamber | Action |
---|---|---|
2015-08-05 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB1195 (Related) 2015-04-23 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Advisory bodies
Consumer affairs
Consumer credit
Consumer Financial Protection Bureau
Executive agency funding and structure
Finance and financial sector
Financial services and investments
Small business
Consumer affairs
Consumer credit
Consumer Financial Protection Bureau
Executive agency funding and structure
Finance and financial sector
Financial services and investments
Small business
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/1963/all-info |
Text | https://www.congress.gov/114/bills/s1963/BILLS-114s1963is.pdf |