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HR 450 113th Congress House Finance and Financial Sector Appropriations Consumer Financial Protection Bureau Consumer affairs Executive agency funding and structure Federal Reserve System Financial services and investments

Bureau of Consumer Financial Protection Accountability Act

Introduced: February 1, 2013 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 29, 2013
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Feb 1, 2013
Referred to the House Committee on Financial Services.
Feb 1, 2013
Introduced in House
 Plain-English summary Congressional Research Service

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

Repeals the requirement of an annual transfer to the CFPB of funds from the Board of Governors of the Federal Reserve System. Subjects the CFPB to the regular authorization, budget, and appropriations process of the Department of the Treasury.

Repeals establishment of the CFPB Fund.

Replaces the authorization of appropriations for FY2010-FY2014 with an authorization for FY2013 only.

What's happening now October 29, 2013

Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

 Committees of jurisdiction 2