Bill Sponsor
Senate Bill 1499
115th Congress(2017-2018)
Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2017
Introduced
Introduced
Introduced in Senate on Jun 29, 2017
Overview
Text
Sponsor
Introduced
Jun 29, 2017
Latest Action
Jun 29, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1499
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Republican
Pennsylvania
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2017

This bill amends the Consumer Financial Protection Act of 2010 to raise the examination threshold that brings an insured depository institution or insured credit union within its supervisory purview from assets of $10 billion or more to assets of $50 billion or more.

The bill increases from assets of $10 billion or less to assets of $50 billion or less the size of an insured depository institution or insured credit union that is subject to the Act's reporting requirements.

Text (1)
Actions (2)
06/29/2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
06/29/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:37:32 PM