H.R. 1705 · 111th Congress
Financial Product Safety Commission Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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DelahuntSponsor21 cosponsors · 21 D
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Miller
KE
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Ellison
GM
D
Miller
JS
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Schakowsky
JT
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Tierney
PW
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Welch
EB
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Blumenauer
JC
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Conyers
JS
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Speier
RB
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Brady
DW
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Wu
MC
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Capuano
LG
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Gutiérrez
LS
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Slaughter
SL
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Lynch
EP
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Pastor
GP
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Peters
MH
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Hinchey
MH
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Honda
PD
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DeFazio
SC
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Cohen1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Financial Product Safety Commission Act of 2009 - Establishes the Financial Product Safety Commission to: (1) promulgate consumer financial product safety rules; (2) establish a best practices guide for all providers of consumer financial products; (3) conduct continuing studies and investigations of consumer financial products industry practices; (4) award…
What it does: CRS summary · Introduced in House · Mar 25, 2009
Financial Product Safety Commission Act of 2009 - Establishes the Financial Product Safety Commission to: (1) promulgate consumer financial product safety rules; (2) establish a best practices guide for all providers of consumer financial products; (3) conduct continuing studies and investigations of consumer financial products industry practices; (4) award grants or enter into contracts for the conduct of such studies and investigations; (5) assist public and private organizations or groups of consumer financial product providers, administratively and technically, in the development of safety standards or guidelines that would assist them in complying with any Commission rule; (6) comment on selected agency rulemakings affecting consumer financial products; and (7) establish a consumer financial product customer hotline.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Financial Product Safety Commission Act of 2009
Latest action (Mar 25, 2009): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 25, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.