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H.R. 1486 114th Congress House

TABS Act of 2016

Official title: To amend the Consumer Financial Protection Act of 2010 to bring the Bureau of Consumer Financial Protection into the regular appropriations process, and for other purposes.

Introduced: March 19, 2015 Introduced by: Andy Barr Republican · Kentucky See on congress.gov
Finance and Financial Sector AppropriationsConsumer Financial Protection BureauConsumer affairsExecutive agency funding and structure
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Federal Reserve SystemFinancial services and investments
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 6, 2016
Placed on the Union Calendar, Calendar No. 414.
May 6, 2016
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-538.
Apr 13, 2016
Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 20.
Apr 13, 2016
Committee Consideration and Mark-up Session Held.
Mar 19, 2015
Referred to the House Committee on Financial Services.
Mar 19, 2015
Introduced in House
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 Latest action May 6, 2016

Placed on the Union Calendar, Calendar No. 414.

 Plain-English summary Congressional Research Service

Taking Account of Bureaucrats' Spending Act of 2016 or the TABS Act of 2016

(Sec. 2) This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.

 Related & companion bills 2
  • HR 1261 Bureau of Consumer Financial Protection Accountability Act of 2015
  • S 1848 Sound Dollar Act of 2015
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 27
All 27 Republican 15
R
Sessions, Pete
Texas · Apr 14, 2016
Shuster, Bill
· Apr 14, 2016
 R
Williams, Roger
Texas · Apr 12, 2016
 R
Babin, Brian
Texas · Mar 2, 2016
 R
Lucas, Frank D.
Oklahoma · Feb 9, 2016
 R
Scott, Austin
Georgia · Feb 9, 2016
 R
Allen, Rick W.
Georgia · Feb 4, 2016
 R
Cole, Tom
Oklahoma · Feb 4, 2016
DeSantis, Ron
· Feb 4, 2016
 R
Gosar, Paul A.
Arizona · Feb 4, 2016
 R
Jordan, Jim
Ohio · Feb 4, 2016
 R
Palmer, Gary J.
Alabama · Feb 4, 2016
Poliquin, Bruce
· Feb 4, 2016
 R
Wilson, Joe
South Carolina · Feb 4, 2016
 R
Emmer, Tom
Minnesota · Feb 2, 2016
Graves, Garret
· Feb 2, 2016
 R
Kelly, Mike
Pennsylvania · Feb 2, 2016
Love, Mia
· Feb 2, 2016
Rice, Tom
· Feb 2, 2016
ROHRABACHER, DANA
· Feb 2, 2016
 R
Thompson, Glenn
Pennsylvania · Feb 2, 2016
WALDEN, GREG
· Feb 2, 2016
 R
Huizenga, Bill
Michigan · Jun 1, 2015
Young, David
· May 20, 2015
Pittenger, Robert
· May 1, 2015
Rothfus, Keith
· Apr 21, 2015
Duffy, Sean
· Mar 19, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1486: TABS Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1486/
MLA
"H.R. 1486: TABS Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1486/.
Bluebook (legal)
H.R. 1486, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1486/.
Markdown link
[H.R. 1486: TABS Act of 2016](https://openamerica.io/bill/114-HR-1486/)
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