3.0.0 6667 2019-11-15T20:53:14Z 2019-11-15T20:53:14Z House H HR 2012-12-13 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. KUCINICH:H.R. 6667.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause III and/or Article 1, Section8, Clause IIXX of the Constitution.[Page H6807]]]> hsba00 Financial Services Committee House Standing Referred to 2012-12-13T14:00:49Z 2012-12-13 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2012-12-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-12-13 Introduced in House IntroReferral 1000 9 Library of Congress K000336 Rep. Kucinich, Dennis J. [D-OH-10] DENNIS KUCINICH D OH J. 10 N Finance and Financial Sector Aging Banking and financial institutions regulation Consumer affairs Consumer credit Corporate finance and management Financial services and investments Fraud offenses and financial crimes User charges and fees Finance and Financial Sector 00 2012-12-13 Introduced in House 2013-01-28T17:14:29Z Financial Consumers Association Act of 2012 - Authorizes the establishment of, and sets forth operational requirements for, a nonprofit corporation to be known as the Financial Consumers Association whose mission shall be to advance the rights and remedies available to consumers with respect to financial services, by developing initiatives to reduce the use of dangerous features in financial products and services, and to improve the flow of accurate information to consumers.

Includes among the Association's duties to: (1) represent and promote the interests of financial services consumers and negotiate on their behalf, (2) take affirmative measures to encourage membership by low- and moderate-income and minority consumers and disseminate information and advice, (3) monitor the availability and quality of financial services to low- and moderate-income constituencies and the elderly, and (4) develop data to assist financial services consumers in making informed decisions in the marketplace.

Gives the Association the right to include inserts in financial services mailings, in paper or by electronic means, that inform customers about the Association and its representation of financial services consumers and solicit information and contributions or membership fees.

Requires annual reports to the President and Congress on the Association's activities of the preceding year.

]]> Financial Consumers Association Act of 2012 Short Titles as Introduced Financial Consumers Association Act of 2012 Display Title Financial Consumers Association Act of 2012 Official Title as Introduced To establish the Financial Consumers Association to advance the rights and remedies available to consumers with respect to financial services transactions, and for other purposes. Introduced in House 2012-12-13T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr6667ih/xml/BILLS-112hr6667ih.xml 2012-12-13 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.