H.R. 3072: Bureau of Consumer Financial Protection Examination and Reporting Threshold Act of 2017

CBO Score

$4 million

Date of Report

Mon November 13th, 2017

CBO Report Details

Legislation Details

115th Congress

To increase from $10,000,000,000 to $50,000,000,000 the threshold figure at which regulated depository institutions are subject to direct examination and reporting requirements of the Bureau of Consumer Financial Protection, and for other purposes.

Sponsor: Rep. Wm. Clay — D — MO

This bill amends the Consumer Financial Protection Act of 2010 to raise, from $10 billion to $50 billion in assets, the threshold at which an insured depository institution or insured credit union is subject to: (1) the Act's reporting requirements, and (2) direct exam...

View the full vote history of this bill on GovTrack.us.

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