H.R. 3072: Bureau of Consumer Financial Protection Examination and Reporting Threshold Act of 2017
CBO Score
$4 million
Documentation
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...
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