H.R. 1355 · 112th Congress
Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
NeugebauerSponsor2 cosponsors · 2 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011 - Amends the Consumer Financial Protection Act of 2010 to remove the Bureau of Consumer Financial Protection, an independent bureau in the Federal Reserve System, to the Department of the Treasury, where it would not be autonomous.
What it does: CRS summary · Introduced in House · Apr 4, 2011
Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011 - Amends the Consumer Financial Protection Act of 2010 to remove the Bureau of Consumer Financial Protection, an independent bureau in the Federal Reserve System, to the Department of the Treasury, where it would not be autonomous.
Repeals the requirement of an annual transfer to the Bureau of funds from the Board of Governors of the Federal Reserve System. Subjects the Bureau to the regular authorization, budget, and appropriations process of the Department of the Treasury.
Repeals establishment of the Bureau of Consumer Financial Protection Fund and of a Victims Relief Fund.
Replaces the authorization of appropriations for FY2010-FY2014 with an authorization for only FY2011-FY2012.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011
Latest action (Feb 8, 2012): Subcommittee Hearings Held.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 4, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.