3.0.0 1264 2023-01-11T13:35:03Z 2023-01-11T13:35:03Z House HR 2017-02-28 115 [Congressional Record Volume 163, Number 35 (Tuesday, February 28, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. WILLIAMS:H.R. 1264.Congress has the power to enact this legislation pursuantto the following:Article I, SEction 8, Clause 3 (``To regulate Commerce withforiegn Nations, and among the several States, and with theIndian Tribes'').____________________[Page H1393]]]> hsba00 Financial Services Committee House Standing hsba15 Consumer Protection and Financial Institutions Subcommittee Hearings by 2018-01-09T22:36:07Z Reported by 2018-08-03T15:02:26Z Markup by 2018-01-18T17:51:24Z Markup by 2018-01-17T17:51:15Z Referred to 2017-02-28T15:04:10Z H. Rept. 115-885 2018-08-03 Placed on the Union Calendar, Calendar No. 683. Calendars H12410 2 House floor actions U00683 2018-08-03 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-885. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2018-08-03 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-885. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2018-01-18 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 25. Committee 2018-01-18 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2018-01-17 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2018-01-09 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral. Committee 2017-02-28 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-02-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-02-28 Introduced in House IntroReferral 1000 9 Library of Congress W000816 Rep. Williams, Roger [R-TX-25] Roger Williams R TX 25 N C001048 Rep. Culberson, John Abney [R-TX-7] JOHN CULBERSON R TX ABNEY 7 2017-03-28 False B001291 Rep. Babin, Brian [R-TX-36] Brian Babin R TX 36 2017-03-28 False P000592 Rep. Poe, Ted [R-TX-2] Ted Poe R TX 2 2017-03-28 False R000582 Rep. Roe, David P. [R-TN-1] David Roe R TN P. 1 2017-04-06 False G000576 Rep. Grothman, Glenn [R-WI-6] Glenn Grothman R WI 6 2017-04-06 False L000566 Rep. Latta, Robert E. [R-OH-5] Robert Latta R OH E. 5 2017-04-06 False S000583 Rep. Smith, Lamar [R-TX-21] LAMAR SMITH R TX 21 2017-04-06 False M001158 Rep. Marchant, Kenny [R-TX-24] Kenny Marchant R TX 24 2017-04-06 False P000599 Rep. Posey, Bill [R-FL-8] Bill Posey R FL 8 2017-05-16 False M001201 Rep. Mitchell, Paul [R-MI-10] Paul Mitchell R MI 10 2017-05-16 False L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 2017-05-16 False Y000033 Rep. Young, Don [R-AK-At Large] DON YOUNG R AK E. 0 2017-05-16 False T000475 Rep. Trott, David A. [R-MI-11] David Trott R MI A. 11 2017-05-16 False B001301 Rep. Bergman, Jack [R-MI-1] Jack Bergman R MI 1 2017-06-21 False H001073 Rep. Hurd, Will [R-TX-23] Will Hurd R TX 23 2017-06-29 False W000798 Rep. Walberg, Tim [R-MI-7] Tim Walberg R MI 7 2017-06-29 False B000755 Rep. Brady, Kevin [R-TX-8] KEVIN BRADY R TX 8 2017-07-12 False P000606 Rep. Pittenger, Robert [R-NC-9] Robert Pittenger R NC 9 2017-07-12 False C001051 Rep. Carter, John R. [R-TX-31] John Carter R TX R. 31 2017-07-12 False T000470 Rep. Tipton, Scott R. [R-CO-3] Scott Tipton R CO R. 3 2017-07-12 False B000213 Rep. Barton, Joe [R-TX-6] JOE BARTON R TX L. 6 2017-07-19 False P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2017-07-19 False R000593 Rep. Ross, Dennis A. [R-FL-15] Dennis Ross R FL A. 15 2017-07-19 False O000168 Rep. Olson, Pete [R-TX-22] Pete Olson R TX 22 2017-07-19 False R000601 Rep. Ratcliffe, John [R-TX-4] John Ratcliffe R TX 4 2017-07-25 False U000031 Rep. Upton, Fred [R-MI-6] FRED UPTON R MI 6 2017-07-27 False B001293 Rep. Bishop, Mike [R-MI-8] Mike Bishop R MI 8 2017-07-27 False M001194 Rep. Moolenaar, John R. [R-MI-4] John Moolenaar R MI R. 4 2017-11-02 False S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2017-11-09 False G000377 Rep. Granger, Kay [R-TX-12] KAY GRANGER R TX 12 2018-07-10 False 2018-05-14T20:01:13Z H.R. 1264, Community Financial Institution Exemption Act https://www.cbo.gov/publication/53869 As ordered reported by the House Committee on Financial Services on January 18, 2018 Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Consumer Financial Protection Bureau Finance and Financial Sector 00 2017-02-28 Introduced in House 2018-01-12T21:02:24Z Community Financial Institution Exemption Act

This bill amends the Consumer Financial Protection Act of 2010 to exempt community financial institutions from all rules and regulations issued by the Consumer Financial Protection Bureau (CFPB). A "community financial institution" is an insured depository institution or credit union with less than $50 billion in consolidated assets.

Under specified circumstances, and with the written agreement of the Federal Reserve Board and other specified federal banking agencies, the CFPB may revoke such an exemption with respect to a certain rule or regulation and a specific class of institutions.

]]> 17 2018-08-03 Reported to House with amendment(s) 2018-08-21T19:42:13Z Community Financial Institution Exemption Act

This bill amends the Consumer Financial Protection Act of 2010 to exempt certain financial institutions from all rules and regulations issued by the Consumer Financial Protection Bureau (CFPB). Specifically, the bill exempts from regulation an insured depository institution or credit union with less than $50 billion in consolidated assets.

Under specified circumstances, and with the written agreement of the Federal Reserve Board and other specified federal banking agencies, the CFPB may revoke such an exemption with respect to a certain rule or regulation and a specific class of institutions.

]]> Community Financial Institution Exemption Act Display Title Community Financial Institution Exemption Act Official Title as Introduced To provide an exemption from rules and regulations of the Bureau of Consumer Financial protection for community financial institutions, and for other purposes. Introduced in House IH Short Titles as Introduced Community Financial Institution Exemption Act Short Titles as Reported to House Community Financial Institution Exemption Act H House Reported in House 2018-08-03T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1264rh/xml/BILLS-115hr1264rh.xml Introduced in House 2017-02-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1264ih/xml/BILLS-115hr1264ih.xml 2018-08-03 Placed on the Union Calendar, Calendar No. 683. 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.