To amend the Consumer Financial Protection Act of 2010 to make the Bureau of Consumer Financial Protection an independent Financial Product Safety Commission, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for Texas's 19th congressional district. Republican.
Last Updated: Dec 12, 2016
Length: 16 pages
114th Congress (2015–2017)
This bill was introduced on September 30, 2015, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
52 Cosponsors (49 Republicans, 3 Democrats)
What legislators are saying
“House Bills Aims to Replace CFPB Director with Bipartisan Committee”
— Rep. Steve Stivers [R-OH15, 2011-2021] (Co-sponsor) on Mar 9, 2015
Mar 4, 2015
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Sep 30, 2015
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.
Dec 12, 2016
Reported by House Committee on Financial Services
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.
H.R. 1266 (114th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 1266. This is the one from the 114th Congress.
This bill was introduced in the 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2023). H.R. 1266 — 114th Congress: Financial Product Safety Commission Act of 2015. Retrieved from https://www.govtrack.us/congress/bills/114/hr1266
“H.R. 1266 — 114th Congress: Financial Product Safety Commission Act of 2015.” www.GovTrack.us. 2015. September 25, 2023 <https://www.govtrack.us/congress/bills/114/hr1266>
Financial Product Safety Commission Act of 2015, H.R. 1266, 114th Cong..
|title=H.R. 1266 (114th)
|accessdate=September 25, 2023
|author=114th Congress (2015)
|date=March 4, 2015
|quote=Financial Product Safety Commission Act of 2015
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