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    <number>4047</number>
    <updateDate>2022-11-01T13:50:19Z</updateDate>
    <updateDateIncludingText>2022-11-01T13:50:19Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2019-07-25</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 165, Number 126 (Thursday, July 25, 2019)][House]From the Congressional Record Online through the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]By Mr. MEEKS:H.R. 4047.Congress has the power to enact this legislation pursuantto the following:Commerce Clause (Article 1, Section 8, Clause 3)Neccesary and Proper Clause (Article 1, Section 8, Clause18)[Page H7470]</pre>]]></constitutionalAuthorityStatementText>
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        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2019-07-25T14:01:35Z</date>
          </item>
        </activities>
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    <actions>
      <item>
        <actionDate>2019-07-25</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <actionDate>2019-07-25</actionDate>
        <text>Introduced in House</text>
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        <actionDate>2019-07-25</actionDate>
        <text>Introduced in House</text>
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        <actionCode>1000</actionCode>
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          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>M001137</bioguideId>
        <fullName>Rep. Meeks, Gregory W. [D-NY-5]</fullName>
        <firstName>GREGORY</firstName>
        <lastName>MEEKS</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>W.</middleName>
        <district>5</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Congressional oversight</name>
        </item>
        <item>
          <name>Consumer credit</name>
        </item>
        <item>
          <name>Government studies and investigations</name>
        </item>
        <item>
          <name>Intergovernmental relations</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2019-07-25</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2019-10-07T14:28:14Z</updateDate>
        <text><![CDATA[ <p><b>Open Banking Study Act of 2019</b></p> <p>This bill directs the Federal Reserve Board, the Consumer Financial Protection Bureau, the Government Accountability Office, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to report jointly on their respective regulated entities' processes for third-party access to consumer-authorized financial data. </p>]]></text>
      </summary>
    </summaries>
    <title>Open Banking Study Act of 2019</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Open Banking Study Act of 2019</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require certain Federal financial regulators to carry out an independent study of their regulated entities' processes for allowing third parties to access consumer-authorized financial data.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
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        <titleType>Short Title(s) as Introduced</titleType>
        <title>Open Banking Study Act of 2019</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
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    </titles>
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      <item>
        <type>Introduced in House</type>
        <date>2019-07-25T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-116hr4047ih/xml/BILLS-116hr4047ih.xml</url>
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    <latestAction>
      <actionDate>2019-07-25</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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