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H.R. 5403 · 113th Congress

Reforming CFPB Indirect Auto Financing Guidance Act

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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

149 cosponsors · 57 D, 92 R
SBR Bachus ABR Barr JCD Costa JCR Campbell DKD Kildee BLR Luetkemeyer PMD Murphy EPD Perlmutter GPD Peters BPR Posey BSD Sherman DSD Scott RWR Williams JBD Beatty HCD Cuellar JHR Herrera Beutler FSR Sensenbrenner LSR Smith CBD Brown TBD Bishop RBR Bishop CBR Boustany PCR Cook GGD Green TGR Griffin AHD Hastings SJD Jackson Lee MKR Kelly SLD Lynch DLR Lamborn LLR Lance CLR Lummis WOD Owens MPR Pompeo RRR Ribble SSR Stivers CSR Stewart EWR Whitfield DYR Young SDR Duffy SDR DesJarlais BGR Goodlatte RHR Hultgren DJR Joyce AKD Kuster DLR LaMalfa DMR McKinley PTR Tiberi LWR Westmoreland TYR Young SHD Horsford JMD Matheson WED Enyart RKD Kind MQD Quigley SBD Bishop RBD Brady JCD Courtney JBD Barrow KCR Calvert SCR Capito JCR Carter CDR Dent BFD Foster CFR Fleischmann BGR Guthrie PGD Gallego GHR Harper BHR Huizenga RHR Hurt GHR Holding RHR Hudson LJR Jenkins PKR King TMR Murphy MMR Meadows TPR Petri SPR Palazzo MRR Roby TRR Rokita PSR Sessions CSD Shea-Porter SSR Southerland KSD Sinema ESD Swalwell LTR Terry STR Tipton MBR Blackburn AHR Harris DLD Lipinski DMD Maffei MBR Bachmann LBR Barletta DBR Black CBD Bustos BBR Byrne HCR Coble JCD Cooper GCD Connolly CCR Collins KCR Cramer MDD Doyle TDD Duckworth RER Ellmers EED Esty JFR Fleming SFR Fincher LFD Frankel AGD Grayson TGR Graves BGR Gibbs TGD Gabbard CHD Hanabusa THR Huelskamp JJR Jordan BJR Johnson DJR Jolly DKD Kilmer RLR Latta CMR McMorris Rodgers MMR Mulvaney RNR Neugebauer SPR Perry JRR Renacci KSD Schrader GTR Thompson MVD Veasey PWD Welch FWD Wilson DBR Benishek SDD DelBene DVR Valadao JKR Kingston TWR Walberg SBR Brooks SID Israel SPR Pearce KRR Rothfus DTD Titus DWD Wasserman Schultz DLD Loebsack BLR Long GND Negrete McLeod TWD Walz BWR Wenstrup SCR Chabot TPR Poe LSD Sanchez BPD Pascrell

13 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Reforming CFPB Indirect Auto Financing Guidance Act - Declares without force or effect Consumer Financial Protection Bureau (CFPB) Bulletin 2013-02 (Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act), published March 21, 2013.

What it does: CRS summary · Introduced in House · Sep 8, 2014

Reforming CFPB Indirect Auto Financing Guidance Act - Declares without force or effect Consumer Financial Protection Bureau (CFPB) Bulletin 2013-02 (Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act), published March 21, 2013.

Amends the Consumer Financial Protection Act of 2010 to direct the CFPB, when proposing and issuing guidance primarily related to indirect auto financing, to:

  • provide for a public notice and comment period before issuing the guidance in final form;
  • make publicly available all information relied on by the CFPB;
  • redact any information exempt from disclosure under the Freedom of Information Act;
  • consult with the Board of Governors of the Federal Reserve System, the Federal Trade Commission (FTC), and the Department of Justice (DOJ); and
  • study the costs and impacts of the guidance to consumers and women-owned, minority-owned, and small businesses.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Reforming CFPB Indirect Auto Financing Guidance Act

Latest action (Sep 8, 2014): Referred to the House Committee on Financial Services.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 8, 2014

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

No recorded floor vote found.