H.R. 6125 (112th): To amend the Federal Deposit Insurance Act and the Federal Credit Union Act with respect to privilege of information provided to Federal and State agencies, and for other purposes.

Introduced:
Jul 12, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. James Renacci [R-OH16]
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 July 12, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 12, 2012
Referred to Committee Jul 12, 2012
Cosponsors
2 cosponsors (2D) (show)
Committees

House Financial Services

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

Summary

No summaries available.

Text

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Last updated Jul 12, 2012.
5 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.

7/12/2012--Introduced.
Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to declare that certain federal agencies ("covered agencies") shall not be deemed to have waived any confidentiality applicable to information by either transferring such information to, or permitting it to be used by, another covered agency or specified federal agencies.
Includes among "covered agencies":
(1) the Consumer Financial Protection Bureau (CFPB),
(2) state bank and financial company supervisors, and
(3) certain licensing and registry systems established under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.
Defines "confidentiality" to include any work-product, attorney-client, or other privilege recognized under federal or state law.
Shields also from the waiver of confidentiality any information submitted by a person to either a federal banking agency, the CFPB, a state bank supervisor, or foreign banking authority in the course of its supervisory or regulatory process.

House Republican Conference Summary

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No summary available.

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

United States Code

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