US HB3389 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Republican 14-0)
Status: Introduced on October 30 2013 - 25% progression, died in chamber
Action: 2014-06-11 - Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 27.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 30 2013 - 25% progression, died in chamber
Action: 2014-06-11 - Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 27.
Text: Latest bill text (Introduced) [PDF]
Summary
CFPB Slush Fund Elimination Act of 2013 - Amends the Consumer Financial Protection Act of 2010 to repeal the Consumer Financial Civil Penalty Fund, into which are deposited any civil penalties paid in judicial or administrative actions under federal consumer financial laws. Requires the Board of Governors of the Federal Reserve System to deposit all such civil penalties, and all amounts currently in the Civil Penalty Fund, into the Treasury's general fund.
Title
CFPB Slush Fund Elimination Act of 2013
Sponsors
| Sen. Shelley Capito [R-WV] | Rep. Michele Bachmann [R-MN] | Rep. Spencer Bachus [R-AL] | Rep. John Campbell [R-CA] |
| Sen. Tom Cotton [R-AR] | Rep. Sean Duffy [R-WI] | Rep. Scott Garrett [R-NJ] | Rep. Bill Huizenga [R-MI] |
| Rep. Blaine Luetkemeyer [R-MO] | Rep. Robert Pittenger [R-NC] | Rep. Bill Posey [R-FL] | Rep. Keith Rothfus [R-PA] |
| Rep. Ann Wagner [R-MO] | Rep. Lynn Westmoreland [R-GA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-06-11 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 27. |
| 2014-06-11 | House | Committee Consideration and Mark-up Session Held. |
| 2014-05-21 | House | Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral. |
| 2013-10-30 | House | Referred to the House Committee on Financial Services. |
Subjects
Civil actions and liability
Consumer affairs
Finance and financial sector
Financial services and investments
Government trust funds
Consumer affairs
Finance and financial sector
Financial services and investments
Government trust funds
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/3389/all-info |
| Text | https://www.congress.gov/113/bills/hr3389/BILLS-113hr3389ih.pdf |
