H.R. 1355 (112th): Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011

Introduced:
Apr 04, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Randy Neugebauer [R-TX19]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on April 4, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Apr 04, 2011
Referred to Committee Apr 04, 2011
Cosponsors
2 cosponsors (2R) (show)
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

Full Title

To amend the Consumer Financial Protection Act of 2010 to move the Bureau of Consumer Financial Protection into the Department of the Treasury.

Summary

No summaries available.

Text

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Last updated Apr 04, 2011.
4 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

4/4/2011--Introduced.
Bureau of Consumer Financial Protection Accountability and Transparency Act of 2011 - Amends the Consumer Financial Protection Act of 2010 to remove the Bureau of Consumer Financial Protection, an independent bureau in the Federal Reserve System, to the Department of the Treasury, where it would not be autonomous.
Repeals the requirement of an annual transfer to the Bureau of funds from the Board of Governors of the Federal Reserve System. Subjects the Bureau to the regular authorization, budget, and appropriations process of the Department of the Treasury. Repeals establishment of the Bureau of Consumer Financial Protection Fund and of a Victims Relief Fund. Replaces the authorization of appropriations for FY2010-FY2014 with an authorization for only FY2011-FY2012.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)

  • Title 5: GOVERNMENT ORGANIZATION AND EMPLOYEES
  • Part III: EMPLOYEES
  • Subpart D: Pay and Allowances
  • Chapter 53: PAY RATES AND SYSTEMS
  • Subchapter III: GENERAL SCHEDULE PAY RATES
  • Section 5332: The General Schedule