3.0.0 5188 2023-01-11T13:25:57Z 2023-01-11T13:25:57Z House H HR 2014-07-24 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CARNEY:H.R. 5188.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1 of the United StatesConstitution, the Taxing and Spending Clause: ``The Congressshall have Power To lay and collect Taxes, Duties, Impostsand Excises, to pay the Debts and provide for the commonDefence and general Welfare of the United States . . .''[Page H6815]]]> hsba00 Financial Services Committee House Standing Referred to 2014-07-24T14:02:15Z 2014-07-24 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2014-07-24 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-07-24 Introduced in House IntroReferral 1000 9 Library of Congress C001083 Rep. Carney, John C., Jr. [D-DE-At Large] John Carney D DE C. N Finance and Financial Sector Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Consumer Financial Protection Bureau Consumer affairs Government information and archives Finance and Financial Sector 00 2014-07-24 Introduced in House 2014-10-03T16:59:21Z Amends the Consumer Financial Protection Act of 2010 to require the Consumer Financial Protection Bureau (CFPB) to develop a model form for a disclosure notice to be used by depository institutions and credit unions to inform consumers before they open a checking account.

Exempts from the requirement to use such a form any depository institutions or credit unions with total assets of less than $2 billion.

]]> To amend the Consumer Financial Protection Act of 2010 to require the Bureau of Consumer Financial Protection to develop a model form for a disclosure notice that shall be used by depository institutions and credit unions, and for other purposes. Display Title To amend the Consumer Financial Protection Act of 2010 to require the Bureau of Consumer Financial Protection to develop a model form for a disclosure notice that shall be used by depository institutions and credit unions, and for other purposes. Official Title as Introduced To amend the Consumer Financial Protection Act of 2010 to require the Bureau of Consumer Financial Protection to develop a model form for a disclosure notice that shall be used by depository institutions and credit unions, and for other purposes. Introduced in House IH Introduced in House 2014-07-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr5188ih/xml/BILLS-113hr5188ih.xml 2014-07-24 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.