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HR 3389 113th Congress House Finance and Financial Sector Civil actions and liability Consumer affairs Financial services and investments Government trust funds

CFPB Slush Fund Elimination Act of 2013

Introduced: October 30, 2013 Introduced by: Capito, Shelley Moore Republican · West Virginia See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 11, 2014
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 27.
Jun 11, 2014
Committee Consideration and Mark-up Session Held.
May 21, 2014
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Oct 30, 2013
Referred to the House Committee on Financial Services.
Oct 30, 2013
Introduced in House
 Plain-English summary Congressional Research Service

CFPB Slush Fund Elimination Act of 2013 - Amends the Consumer Financial Protection Act of 2010 to repeal the Consumer Financial Civil Penalty Fund, into which are deposited any civil penalties paid in judicial or administrative actions under federal consumer financial laws.

Requires the Board of Governors of the Federal Reserve System to deposit all such civil penalties, and all amounts currently in the Civil Penalty Fund, into the Treasury's general fund.

What's happening now June 11, 2014

Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 27.

 Committees of jurisdiction 2