H.R. 1640 (112th): Bureau of Consumer Financial Protection Accountability Act

Introduced:
Apr 15, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Bill Posey [R-FL15]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 450 on Feb 01, 2013. See H.R. 450 for current action on this subject.

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

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.


4/15/2011--Introduced.
Bureau of Consumer Financial Protection Accountability Act - Amends the Consumer Financial Protection Act of 2010 to subject the Bureau of Consumer Financial Protection to regular appropriations.
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. Replaces the authorization of appropriations for FY2010-FY2014 with an authorization for only FY2011-FY2012.

House Republican Conference Summary

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House Democratic Caucus Summary

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