US Congress House Bill 1500 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 30-0)
Status: Engrossed on May 23 2019 - 50% progression, died in committee
Action: 2019-05-23 - 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]

Revises provisions related to the administration of the Consumer Financial Protection Bureau (CFPB). (Sec. 3) The bill amends all statutory references to the "Bureau of Consumer Financial Protection" to refer instead to the "Consumer Financial Protection Bureau." (Sec. 5) Specified units, offices, and boards of the CFPB must perform their assigned duties and may not be renamed or reorganized. The bill establishes requirements for staffing levels, political appointees, and the publication of consumer complaints regarding consumer financial products or services. The bill reinstates specified agreements between the CFPB and the Department of Education regarding the sharing of information and oversight related to federal student loans. The CFPB rule regarding the use of arbitration agreements in contracts for specific consumer financial products and services is reinstated. This rule prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations. (Sec. 6) The bill specifically states the duties of the Office of Fair Lending and Equal Opportunity (under current law, these are delegated by the CFPB Director). It also adds the duty to implement enforcement and supervisory authority regarding the fair lending laws. The Office of Students and Young Consumers is established in the CFPB. (Sec. 7) Membership requirements for the Consumer Advisory Board are revised, including by requiring representatives of service members and veterans. Board meeting requirements are also revised, including by requiring in person meetings and extending the terms of certain board members. (Sec. 8) The bill also decreases the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.) (Sec. 9) The bill revises the required public disclosures made by a depository institution or a credit union regarding mortgages and home equity lines of credit. Specifically, institutions originating fewer than 500 mortgage loans or open-end lines of credit are no longer exempt from certain financial reporting. (Sec. 10) The bill limits available exemptions from certain housing mortgage disclosures and prohibits the CFPB from modifying or discontinuing certain mortgage reporting tools. (Sec. 13) The CFPB must report monthly on fair lending investigations and enforcement actions. (Sec. 14) The CFPB must report quarterly on debt collection complaints and enforcement actions. (Sec. 15) The bill provides for free annual consumer credit scores. (Sec. 16) The CFPB must report annually on consumer complaints by senior consumers and provide recommendations to improve protections for these consumers. (Sec. 17) The CFPB must report quarterly on payday loan and car title loan investigations and enforcement actions.

Consumers First Act

Rep. Maxine Waters [D-CA]	Rep. Carolyn Maloney [D-NY]	Rep. Nydia Velazquez [D-NY]	Rep. Brad Sherman [D-CA]
Rep. Gregory Meeks [D-NY]	Rep. Lacy Clay [D-MO]	Rep. David Scott [D-GA]	Rep. Al Green [D-TX]
Rep. Emanuel Cleaver [D-MO]	Rep. Ed Perlmutter [D-CO]	Rep. James Himes [D-CT]	Rep. Bill Foster [D-IL]
Rep. Joyce Beatty [D-OH]	Rep. Denny Heck [D-WA]	Rep. Juan Vargas [D-CA]	Rep. Vicente Gonzalez [D-TX]
Rep. Al Lawson [D-FL]	Rep. Michael San Nicolas [D-GU]	Rep. Rashida Tlaib [D-MI]	Rep. Katie Porter [D-CA]
Rep. Cindy Axne [D-IA]	Rep. Ayanna Pressley [D-MA]	Rep. Alexandria Ocasio-Cortez [D-NY]	Rep. Jennifer Wexton [D-VA]
Rep. Stephen Lynch [D-MA]	Rep. Tulsi Gabbard [D-HI]	Rep. Alma Adams [D-NC]	Rep. Madeleine Dean [D-PA]
Rep. Jesus Garcia [D-IL]	Rep. Sylvia Garcia [D-TX]

2019-05-22 - House - On passage RC# 228 (Y: 231 N: 191 NV: 9 Abs: 0) [PASS]
2019-05-22 - House - On agreeing to the Green (TX) amendment (A017) H.Amdt.263 RC# 226 (Y: 235 N: 193 NV: 9 Abs: 0) [PASS]
2019-05-22 - House - On motion to recommit with instructions RC# 227 (Y: 191 N: 231 NV: 9 Abs: 0) [FAIL]
2019-05-22 - House - On agreeing to the Stevens amendment (A014) H.Amdt.260 RC# 225 (Y: 418 N: 10 NV: 9 Abs: 0) [PASS]
2019-05-22 - House - On agreeing to the Burgess amendment (A007) H.Amdt.253 RC# 224 (Y: 192 N: 235 NV: 10 Abs: 0) [FAIL]
2019-05-22 - House - On agreeing to the Steil amendment (A002) H.Amdt.248 RC# 222 (Y: 190 N: 234 NV: 13 Abs: 0) [FAIL]
2019-05-22 - House - On agreeing to the Burgess amendment (A006) H.Amdt.252 RC# 223 (Y: 191 N: 236 NV: 10 Abs: 0) [FAIL]

Date	Chamber	Action
2019-05-23	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2019-05-22	House	Motion to reconsider laid on the table Agreed to without objection.
2019-05-22	House	On passage Passed by recorded vote: 231 - 191 (Roll no. 228).
2019-05-22	House	On motion to recommit with instructions Failed by recorded vote: 191 - 231 (Roll no. 227).
2019-05-22	House	The previous question on the motion to recommit with instructions was ordered without objection.
2019-05-22	House	DEBATE - The House proceeded with 10 minutes of debate on the Steil 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 prohibit the use of funds from the Civil Penalty Fund to be used for any purpose other than compensating actual victims of activities for which civil penalties have been imposed under Federal consumer financial laws.
2019-05-22	House	Mr. Steil moved to recommit with instructions to the Committee on Financial Services. (text: CR H4108)
2019-05-22	House	The previous question was ordered pursuant to the rule.
2019-05-22	House	The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1500.
2019-05-22	House	H.Amdt.263 On agreeing to the Green (TX) amendment (A017) Agreed to by recorded vote: 235 - 193 (Roll no. 226).
2019-05-22	House	H.Amdt.260 On agreeing to the Stevens amendment (A014) Agreed to by recorded vote: 418 - 10 (Roll no. 225).
2019-05-22	House	H.Amdt.253 On agreeing to the Burgess amendment (A007) Failed by recorded vote: 192 - 235 (Roll no. 224).
2019-05-22	House	H.Amdt.252 On agreeing to the Burgess amendment (A006) Failed by recorded vote: 191 - 236 (Roll no. 223).
2019-05-22	House	H.Amdt.248 On agreeing to the Steil amendment (A002) Failed by recorded vote: 190 - 234 (Roll no. 222).
2019-05-22	House	UNFINISHED BUSINESS - The Chair announced that the unfinished business was on adoption of amendments, which had been debated earlier an on which further proceedings had been postponed.
2019-05-22	House	POSTPONED PROCEEDINGS - At the conclusion of debate on the Green (TX) amendment, the Chair put the question on the amendment and by voice vote, announced that the ayes had prevailed. Mr. McHenry demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Green (TX) amendment No. 17.
2019-05-22	House	H.Amdt.263 Amendment (A017) offered by Mr. Green (TX). (consideration: CR H4103-4104; text: CR H4103)
2019-05-22	House	H.Amdt.262 On agreeing to the Tlaib amendment (A016) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Tlaib amendment No. 16.
2019-05-22	House	H.Amdt.262 Amendment (A016) offered by Ms. Tlaib. (consideration: CR H4102-4103; text: CR H4102)
2019-05-22	House	H.Amdt.261 On agreeing to the DeSaulnier amendment (A015) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the DeSaulnier amendment No. 15.
2019-05-22	House	H.Amdt.261 Amendment (A015) offered by Mr. DeSaulnier. (consideration: CR H4101-4102; text: CR H4101)
2019-05-22	House	POSTPONED PROCEEDINGS - At the conclusion of debate on the Stevens amendment, the Chair put the question on the amendment and by voice vote, announced that the ayes had prevailed. Ms. Stevens demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Stevens amendment No. 14.
2019-05-22	House	H.Amdt.260 Amendment (A014) offered by Ms. Stevens. (consideration: CR H4100-4101; text: CR H4100)
2019-05-22	House	H.Amdt.259 On agreeing to the Neguse amendment (A013) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Neguse amendment No. 13.
2019-05-22	House	H.Amdt.259 Amendment (A013) offered by Mr. Neguse. (consideration: CR H4099-4100; text: CR H4099)
2019-05-22	House	H.Amdt.258 On agreeing to the Escobar amendment (A012) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Escobar amendment No. 12.
2019-05-22	House	H.Amdt.258 Amendment (A012) offered by Ms. Escobar. (consideration: CR H4099; text: CR H4099)
2019-05-22	House	H.Amdt.257 On agreeing to the Golden amendment (A011) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Golden amendment No. 11.
2019-05-22	House	H.Amdt.257 Amendment (A011) offered by Mr. Golden. (consideration: CR H4098-4099; text: CR H4098)
2019-05-22	House	H.Amdt.256 On agreeing to the Case amendment (A010) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Case amendment No. 10.
2019-05-22	House	H.Amdt.256 Amendment (A010) offered by Mr. Case. (consideration: CR H4097-4098; text: CR H4097)
2019-05-22	House	H.Amdt.255 On agreeing to the Bonamici amendment (A009) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Bonamici amendment No. 9.
2019-05-22	House	H.Amdt.255 Amendment (A009) offered by Ms. Bonamici. (consideration: CR H4096-4097; text: CR H4096)
2019-05-22	House	H.Amdt.254 On agreeing to the Cohen amendment (A008) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Cohen amendment No. 8.
2019-05-22	House	H.Amdt.254 Amendment (A008) offered by Mr. Cohen. (consideration: CR H4094-4096; text: CR H4094)
2019-05-22	House	POSTPONED PROCEEDINGS - At the conclusion of debate on the Burgess amendment, the Chair put the question on the amendment and by voice vote, announced that the noes had prevailed. Mr. Burgess demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Burgess amendment No. 7.
2019-05-22	House	H.Amdt.253 Amendment (A007) offered by Mr. Burgess. (consideration: CR H4093-4094; text: CR H4093)
2019-05-22	House	POSTPONED PROCEEDINGS - At the conclusion of debate on the Burgess amendment, the Chair put the question on the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Burgess amendment No. 6.
2019-05-22	House	H.Amdt.252 Amendment (A006) offered by Mr. Burgess. (consideration: CR H4092-4093; text: CR H4092)
2019-05-22	House	H.Amdt.251 On agreeing to the Pressley amendment (A005) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Pressley amendment No. 5.
2019-05-22	House	H.Amdt.251 Amendment (A005) offered by Ms. Pressley. (consideration: CR H4091-4092; text: CR H4091)
2019-05-22	House	H.Amdt.250 On agreeing to the Lawson (FL) amendment (A004) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Lawson (FL) amendment No. 4.
2019-05-22	House	H.Amdt.250 Amendment (A004) offered by Mr. Lawson (FL). (consideration: CR H4090-4091; text: CR H4090)
2019-05-22	House	H.Amdt.249 On agreeing to the Adams amendment (A003) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Adams amendment No. 3.
2019-05-22	House	H.Amdt.249 Amendment (A003) offered by Ms. Adams. (consideration: CR H4088-4090; text: CR H4088-4089)
2019-05-22	House	POSTPONED PROCEEDINGS - At the conclusion of debate on the Steil amendment, the Chair put the question on the amendment and by voice vote, announced that the noes had prevailed. Mr. Steil demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Steil amendment No. 2.
2019-05-22	House	H.Amdt.248 Amendment (A002) offered by Mr. Steil. (consideration: CR H4087-4088; text: CR H4087)
2019-05-22	House	H.Amdt.247 On agreeing to the Velazquez amendment (A001) Agreed to by voice vote.
2019-05-22	House	DEBATE - Pursuant to the provisions of H. Res. 389, the Committee of the Whole proceeded with 10 minutes of debate on the Velazquez amendment No. 1.
2019-05-22	House	H.Amdt.247 Amendment (A001) offered by Ms. Velazquez. (consideration: CR H4086-4087; text: CR H4086)
2019-05-22	House	GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1500.
2019-05-22	House	The Speaker designated the Honorable Ami Bera to act as Chairman of the Committee.
2019-05-22	House	House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 389 and Rule XVIII.
2019-05-22	House	Rule provides for consideration of H.R. 1500 and H.R. 1994. The resolution provides for one hour of debate on H.R. 1500, under a structured rule, and provides for one hour of debate on H.R. 1994, under a closed rule. The resolution provides for proceedings during the period from May 24, 2019, through May 31, 2019, and provides for motions to suspend the rules on the legislative day of May 23, 2019.
2019-05-22	House	Considered under the provisions of rule H. Res. 389. (consideration: CR H4075-4110)
2019-05-20	House	Rules Committee Resolution H. Res. 389 Reported to House. Rule provides for consideration of H.R. 1500 and H.R. 1994. The resolution provides for one hour of debate on H.R. 1500, under a structured rule, and provides for one hour of debate on H.R. 1994, under a closed rule. The resolution provides for proceedings during the period from May 24, 2019, through May 31, 2019, and provides for motions to suspend the rules on the legislative day of May 23, 2019.
2019-05-10	House	Placed on the Union Calendar, Calendar No. 35.
2019-05-10	House	Committee on Education and Labor discharged.
2019-05-10	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 116-57, Part I.
2019-03-28	House	Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 26.
2019-03-28	House	Committee Consideration and Mark-up Session Held.
2019-03-05	House	Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2019-03-05	House	Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2019-03-05	House	Introduced in House

HR389 (Related) 2019-05-21 - Motion to reconsider laid on the table Agreed to without objection.
HB963 (Related) 2019-02-05 - Referred to the House Committee on Financial Services.
SB331 (Related) 2019-02-05 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB4664 (Related) 2019-10-11 - Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/1500/all-info
Text	https://www.congress.gov/116/bills/hr1500/BILLS-116hr1500ih.pdf
Text	https://www.congress.gov/116/bills/hr1500/BILLS-116hr1500rh.pdf
Text	https://www.congress.gov/116/bills/hr1500/BILLS-116hr1500eh.pdf
Roll Call	https://clerk.house.gov/Votes/2019223
Roll Call	https://clerk.house.gov/Votes/2019222
Roll Call	https://clerk.house.gov/Votes/2019224
Roll Call	https://clerk.house.gov/Votes/2019225
Roll Call	https://clerk.house.gov/Votes/2019227
Roll Call	https://clerk.house.gov/Votes/2019226
Roll Call	https://clerk.house.gov/Votes/2019228