3.0.0 1491 2023-01-11T13:30:45Z 2023-01-11T13:30:45Z Senate S 2015-06-03 114 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing ssbk08 Financial Institutions and Consumer Protection Subcommittee Hearings by 2015-10-28T14:00:00Z Referred to 2015-06-03T16:45:43Z Capital Access for Small Community Financial Institutions Act of 2015 114 299 HR 2015-04-14 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Holding Company Registration Threshold Equalization Act of 2015 114 1334 HR 2015-07-15 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Permanently Protecting Tenants at Foreclosure Act of 2015 114 1354 HR 2015-03-13 Referred to the House Committee on Financial Services. Related bill CRS A bill to amend the Federal Home Loan Bank Act with respect to membership eligibility of certain institutions. 114 1367 S 2015-05-18 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Financial Regulatory Improvement Act of 2015 114 1484 S 2015-07-23 Committee on Banking, Housing, and Urban Affairs. Hearings held. Related bill CRS Community Lender Regulatory Relief and Consumer Protection Act of 2015 114 2642 HR 2015-06-03 Referred to the House Committee on Financial Services. Identical bill CRS Military Consumer Protection Act 114 1565 S 2015-06-11 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2015-10-28 ssbk08 Financial Institutions and Consumer Protection Subcommittee Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection. Hearings held. Committee 2015-06-03 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2015-06-03 Introduced in Senate IntroReferral 10000 9 Library of Congress B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH N R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2015-06-03 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2015-06-03 True M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2015-06-03 True T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2015-06-03 True W000805 Sen. Warner, Mark R. [D-VA] Mark Warner D VA R. 2015-06-03 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2015-06-03 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2015-06-03 True H001069 Sen. Heitkamp, Heidi [D-ND] Heidi Heitkamp D ND 2015-06-03 True D000607 Sen. Donnelly, Joe [D-IN] Joe Donnelly D IN 2015-06-03 True C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2015-07-14 False B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2015-08-04 False F000457 Sen. Franken, Al [D-MN] Al Franken D MN 2015-10-05 False K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2015-10-21 False D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2015-11-04 False C001070 Sen. Casey, Robert P., Jr. [D-PA] Bob Casey D PA 2016-04-28 False Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Congressional oversight Consumer credit Financial services and investments Government studies and investigations Housing finance and home ownership Licensing and registrations Right of privacy Securities Finance and Financial Sector 00 2015-06-03 Introduced in Senate 2015-10-06T21:13:05Z Community Lender Regulatory Relief and Consumer Protection Act of 2015

This bill amends the Truth in Lending Act with respect to the presumption of a mortgagor's ability to pay a qualified residential mortgage loan and the insured depository institutions or insured credit unions meeting specified criteria that may be its creditors.

The Gramm-Leach-Bliley Act is amended to exempt from its requirement of annual written privacy notices certain financial institutions.

The Federal Deposit Insurance Act is amended to: (1) increase from $500 million to $1 billion the size of certain small insured depository institutions eligible for an 18-month on-site examination cycle, and (2) require private deposit insurers of credit unions to give the Federal Housing Finance Agency copies of independent audit reports within 7 days after the audit is completed.

The Federal Home Loan Bank Act is amended to require the treatment of a state-chartered credit union as an insured depository institution even though it is not federally insured if it has applied for membership in a federal home loan bank and has met specified conditions, including insurance application eligibility requirements under the Federal Credit Union Act.

The Government Accountability Office must report to Congress on the adequacy of insurance reserves held by the private deposit insurer of privately insured credit unions, including the level of compliance with federal regulations regarding disclosure of a lack of federal deposit insurance.

The Securities Exchange Act of 1934 is amended to extend securities registration requirements to savings and loan holding companies.

The S.A.F.E. Mortgage Licensing Act of 2008 is amended to:

  • establish a transitional period during which a state, while examining the applicant's submitted background information, may permit a covered registered loan originator applying for a state license as a loan originator to act as one under the supervision of a non-depository firm that engages in loan origination in that state, and
  • grant confidentiality to information shared with state and federal regulatory officials with financial services industry oversight authority.

The Consumer Financial Protection Act of 2010 is amended to cover specified sections of the Servicemembers Civil Relief Act as "enumerated consumer laws."

The expiration of the Protecting Tenants at Foreclosure Act of 2009 is repealed, and the Act is restored and revived as it was in effect on December 31, 2014.

]]> Community Lender Regulatory Relief and Consumer Protection Act of 2015 Display Title Community Lender Regulatory Relief and Consumer Protection Act of 2015 Official Title as Introduced A bill to provide sensible relief to community financial institutions, to protect consumers, and for other purposes. Introduced in Senate IS Short Titles as Introduced Community Lender Regulatory Relief and Consumer Protection Act of 2015 Introduced in Senate 2015-06-03T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1491is/xml/BILLS-114s1491is.xml 2015-10-28 Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection. Hearings held. 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.