US HB1705 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 23-0)
Status: Introduced on March 25 2009 - 25% progression, died in committee
Action: 2009-03-25 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 25 2009 - 25% progression, died in committee
Action: 2009-03-25 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Financial Product Safety Commission Act of 2009 - Establishes the Financial Product Safety Commission to: (1) promulgate consumer financial product safety rules; (2) establish a best practices guide for all providers of consumer financial products; (3) conduct continuing studies and investigations of consumer financial products industry practices; (4) award grants or enter into contracts for the conduct of such studies and investigations; (5) assist public and private organizations or groups of consumer financial product providers, administratively and technically, in the development of safety standards or guidelines that would assist them in complying with any Commission rule; (6) comment on selected agency rulemakings affecting consumer financial products; and (7) establish a consumer financial product customer hotline.
Title
Financial Product Safety Commission Act of 2009
Sponsors
Rep. Earl Blumenauer [D-OR] | Rep. Robert Brady [D-PA] | Rep. Michael Capuano [D-MA] | Rep. Steve Cohen [D-TN] |
Rep. John Conyers [D-MI] | Rep. Peter DeFazio [D-OR] | Rep. Bill Delahunt [D-MA] | Rep. William Delahunt [D-MA] |
Rep. Keith Ellison [D-MN] | Rep. Luis Gutierrez [D-IL] | Rep. Maurice Hinchey [D-NY] | Rep. Michael Honda [D-CA] |
Rep. Stephen Lynch [D-MA] | Rep. Brad Miller [D-NC] | Rep. George Miller [D-CA] | Rep. Ed Pastor [D-AZ] |
Sen. Gary Peters [D-MI] | Rep. Janice Schakowsky [D-IL] | Rep. Louise Slaughter [D-NY] | Rep. Jackie Speier [D-CA] |
Rep. John Tierney [D-MA] | Sen. Peter Welch [D-VT] | Rep. David Wu [D-OR] |
History
Date | Chamber | Action |
---|---|---|
2009-03-25 | Referred to the House Committee on Financial Services. |
Same As/Similar To
SB566 (Related) 2009-03-10 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2975-2978)
Subjects
Administrative law and regulatory procedures
Consumer affairs
Consumer credit
Executive agency funding and structure
Finance and financial sector
Financial services and investments
Government investigations
Consumer affairs
Consumer credit
Executive agency funding and structure
Finance and financial sector
Financial services and investments
Government investigations
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/house-bill/1705/all-info |
Text | https://www.congress.gov/111/bills/hr1705/BILLS-111hr1705ih.pdf |