H.R. 3871 (112th): Proprietary Information Protection Act of 2012

Introduced:
Feb 01, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Bill Huizenga [R-MI2]
Status:
Died (Referred to Committee)

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.


2/1/2012--Introduced.
Proprietary Information Protection Act of 2012 - Amends the Consumer Financial Protection Act of 2010 to prohibit information submitted by a person to the Consumer Financial Protection Bureau (CFPB) in the course of any CFPB supervisory or regulatory process from being construed as affecting any privilege such person may claim with respect to such information under federal or state law.

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 12: BANKS AND BANKING
  • Chapter 53: WALL STREET REFORM AND CONSUMER PROTECTION
  • Subchapter V: BUREAU OF CONSUMER FINANCIAL PROTECTION
  • Part B: General Powers of the Bureau
  • Section 5512: Rulemaking authority