Skip to main content
S. 4692 116th Congress Senate

GUIDE Compliance Act

Official title: A bill to amend the Consumer Financial Protection Act of 2010 to provide procedures for guidance issued by the Bureau of Consumer Financial Protection, and for other purposes.

Introduced: September 24, 2020 Introduced by: James Lankford Republican · Oklahoma See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresCivil actions and liabilityConsumer Financial Protection BureauConsumer creditGovernment information and archives
Sign in to write a letter Sign in to watch
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 24, 2020
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action September 24, 2020

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Give Useful Information to Define Effective Compliance Act or the GUIDE Compliance Act

This bill sets forth procedures for the issuance of guidance from the Consumer Financial Protection Bureau. Guidance includes written interpretive rules, bulletins, statements of policy, and other generally applicable authoritative documents that are not regulatory actions. The bureau must publish

  • the types of guidance it will provide,
  • the criteria used for selecting the type of guidance,
  • the process for requests for guidance,
  • the process for amending or revoking guidance, and
  • guidelines for determining civil monetary penalties for a violation of consumer financial law.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Scott, Tim
South Carolina · Sep 24, 2020
 R
Tillis, Thomas
North Carolina · Sep 24, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4692: GUIDE Compliance Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-4692/
MLA
"S. 4692: GUIDE Compliance Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4692/.
Bluebook (legal)
S. 4692, 116th Cong. (2026), https://openamerica.io/bill/116-S-4692/.
Markdown link
[S. 4692: GUIDE Compliance Act](https://openamerica.io/bill/116-S-4692/)
Report a problem