Bureau of Consumer Financial Protection Accountability Act

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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 PoseySponsor

No cosponsors.

Bureau of Consumer Financial Protection Accountability Act - Amends the Consumer Financial Protection Act of 2010 to subject the Bureau of Consumer Financial Protection to regular appropriations.

What it does: CRS summary · Introduced in House · Apr 15, 2011

Bureau of Consumer Financial Protection Accountability Act - Amends the Consumer Financial Protection Act of 2010 to subject the Bureau of Consumer Financial Protection to regular appropriations.

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.

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 Act

Latest action (May 2, 2011): Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 15, 2011

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.