US HB1195 | 2015-2016 | 114th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 16-3-1)
Status: Engrossed on April 23 2015 - 50% progression, died in committee
Action: 2015-04-23 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Bureau of Consumer Financial Protection Advisory Boards Act (Sec. 2) Amends the Consumer Financial Protection Act of 2010 to direct the Director of the Consumer Financial Protection Bureau (CFPB) to establish a Small Business Advisory Board to: (1) advise and consult with the CFPB in the exercise of its functions under the federal consumer financial laws regarding eligible financial products or services, and (2) provide information on evolving small business practices. Requires Board members to be representatives of small business concerns that: provide financial products or services for use by consumers primarily for personal, family, or household purposes, are service providers to covered persons; and use consumer financial products or services in financing the business activities of such small businesses. Requires the Director, in making such Board appointments, to include members representing minority-, women-, and veteran-owned small business concerns and their interests, without regard to party affiliation. Requires the Director to establish a Credit Union Advisory Council and a Community Bank Advisory Council to advise and consult with the CFPB on consumer financial products or services that impact credit unions and community banks, respectively. Directs the Director, in making appointments to the Councils, to include members representing credit unions and community banks predominantly serving traditionally underserved communities and populations and their interests, without regard to party affiliation. (Sec. 3) Prohibits the Director from requesting funds: (1) during FY 2020 in an amount that would exceed $655 million, and (2) during FY 2025 in an amount that would exceed $720 million.

Tracking Information

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Title

Bureau of Consumer Financial Protection Advisory Boards Act

Sponsors


Roll Calls

2015-04-22 - House - On Passage (Y: 235 N: 183 NV: 13 Abs: 0) [PASS]
2015-04-22 - House - On Motion to Recommit with Instructions (Y: 184 N: 234 NV: 13 Abs: 0) [FAIL]
2015-04-22 - House - On Agreeing to the Amendment (Y: 244 N: 173 NV: 14 Abs: 0) [PASS]

History

DateChamberAction
2015-04-23SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2015-04-22HouseMotion to reconsider laid on the table Agreed to without objection.
2015-04-22HouseOn passage Passed by the Yeas and Nays: 235 - 183 (Roll no. 167).
2015-04-22HouseOn motion to recommit with instructions Failed by recorded vote: 184 - 234 (Roll no. 166).
2015-04-22HouseThe previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H2380)
2015-04-22HouseDEBATE - The House proceeded with 10 minutes of debate on the Kuster motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to add at the end of the bill a section on prohibition against participation by persons employed by companies engaged in predatory practices related to servicemembers pending reservation of a point of order. Subsequently, the reservation was removed.
2015-04-22HouseMs. Kuster moved to recommit with instructions to the Committee on Financial Services. (consideration: CR H2379-2380; text: CR H2379)
2015-04-22HouseThe House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union. (text of measure as amended in House: CR H2341-2342)
2015-04-22HouseThe previous question was ordered pursuant to the rule. (consideration: CR H2379)
2015-04-22HouseThe House rose from the Committee of the Whole House on the state of the Union to report H.R. 1195.
2015-04-22HouseH.Amdt.90 On agreeing to the Kuster amendment (A001) Agreed to by recorded vote: 244 - 173 (Roll no. 165). (consideration: CR H2378)
2015-04-22HouseUNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of the Kuster (NH) amendment No. 1 printed in part D of House Report 114-74.
2015-04-22HouseThe House resolved into Committee of the Whole House on the state of the Union for further consideration.
2015-04-22HouseConsidered as unfinished business. (consideration: CR H2378-2381)
2015-04-21HouseCommittee of the Whole House on the state of the Union rises leaving H.R. 1195 as unfinished business.
2015-04-21HouseOn motion that the Committee rise Agreed to by voice vote.
2015-04-21HouseMr. Neugebauer moved that the Committee rise.
2015-04-21HouseH.Amdt.91 On agreeing to the Kuster amendment (A002) Agreed to by voice vote.
2015-04-21HouseDEBATE - Pursuant to the provisions of H. Res. 200, the Committee of the Whole proceeded with 10 minutes of debate on the Kuster (NH) part D amendment No. 2.
2015-04-21HouseH.Amdt.91 Amendment (A002) offered by Ms. Kuster. (consideration: CR H2342-2343; text: CR H2342)
2015-04-21HousePOSTPONED PROCEEDINGS - At the conclusion of debate on the Kuster (NH) part D No. 1 amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Maxine Waters demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
2015-04-21HouseDEBATE - Pursuant to the provisions of H. Res. 200, the Committee of the Whole proceeded with 10 minutes of debate on the Kuster (NH) part D amendment No. 1.
2015-04-21HouseH.Amdt.90 Amendment (A001) offered by Ms. Kuster. (consideration: CR H2378-2379)
2015-04-21HouseAt the conclusion of debate, the Chair announced that pursuant to the provisions of H. Res. 200, the amendment printed in part C of House Report 114-74 is adopted.
2015-04-21HouseGENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1195.
2015-04-21HouseThe Speaker designated the Honorable John J. Duncan, Jr. to act as Chairman of the Committee.
2015-04-21HouseHouse resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 200 and Rule XVIII.
2015-04-21HouseConsidered under the provisions of rule H. Res. 200. (consideration: CR H2335-2343)
2015-04-06HousePlaced on the Union Calendar, Calendar No. 36.
2015-04-06HouseReported by the Committee on Financial Services. H. Rept. 114-55.
2015-03-26HouseOrdered to be Reported by the Yeas and Nays: 53 - 5.
2015-03-26HouseCommittee Consideration and Mark-up Session Held.
2015-03-25HouseCommittee Consideration and Mark-up Session Held.
2015-03-02HouseReferred to the House Committee on Financial Services.
2015-03-02HouseIntroduced in House

Same As/Similar To

HR200 (Related) 2015-04-15 - Motion to reconsider laid on the table Agreed to without objection.
SB1963 (Related) 2015-08-05 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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