US HB4067 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Engrossed on October 29 2019 - 50% progression, died in committee
Action: 2019-10-29 - 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

Expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. The office must, in part (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation. The bill also decreases, beginning September 30, 2029, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)

Tracking Information

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Title

Financial Inclusion in Banking Act of 2019

Sponsors


History

DateChamberAction
2019-10-29SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2019-10-28HouseMotion to reconsider laid on the table Agreed to without objection.
2019-10-28HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8503)
2019-10-28HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 4067.
2019-10-28HouseConsidered under suspension of the rules. (consideration: CR H8503-8505)
2019-10-28HouseMr. Scott, David moved to suspend the rules and pass the bill, as amended.
2019-09-20HouseOrdered to be Reported (Amended) by the Yeas and Nays: 55 - 0.
2019-09-20HouseCommittee Consideration and Mark-up Session Held.
2019-09-19HouseCommittee Consideration and Mark-up Session Held.
2019-09-18HouseCommittee Consideration and Mark-up Session Held.
2019-07-25HouseReferred to the House Committee on Financial Services.
2019-07-25HouseIntroduced in House

Same As/Similar To

HB1285 (Related) 2019-02-14 - Referred to the House Committee on Financial Services.

Subjects


US Congress State Sources


Bill Comments

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