[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3072 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 311
115th CONGRESS
  1st Session
                                H. R. 3072

                          [Report No. 115-420]

   To increase from $10,000,000,000 to $50,000,000,000 the threshold 
figure at which regulated depository institutions are subject to direct 
   examination and reporting requirements of the Bureau of Consumer 
             Financial Protection, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 27, 2017

 Mr. Clay (for himself and Mr. Stivers) introduced the following bill; 
       which was referred to the Committee on Financial Services

                           November 21, 2017

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed

_______________________________________________________________________

                                 A BILL


 
   To increase from $10,000,000,000 to $50,000,000,000 the threshold 
figure at which regulated depository institutions are subject to direct 
   examination and reporting requirements of the Bureau of Consumer 
             Financial Protection, and for other purposes.


 


    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Bureau of Consumer Financial 
Protection Examination and Reporting Threshold Act of 2017''.

SEC. 2. INCREASE IN THE EXAMINATION THRESHOLD.

    Section 1025(a) of the Consumer Financial Protection Act of 2010 
(12 U.S.C. 5515(a)) is amended by striking ``$10,000,000,000'' each 
place that term appears and inserting ``$50,000,000,000''.

SEC. 3. INCREASE IN THE REPORTING THRESHOLD.

    Section 1026(a) of the Consumer Financial Protection Act of 2010 
(12 U.S.C. 5516(a)) is amended by striking ``$10,000,000,000'' each 
place that term appears and inserting ``$50,000,000,000''.

SEC. 4. EFFECTIVE DATE.

    This Act and the amendments made by this Act shall take effect on 
the date that is 45 days after the date of enactment of this Act.
                                                 Union Calendar No. 311

115th CONGRESS

  1st Session

                               H. R. 3072

                          [Report No. 115-420]

_______________________________________________________________________

                                 A BILL

   To increase from $10,000,000,000 to $50,000,000,000 the threshold 
figure at which regulated depository institutions are subject to direct 
   examination and reporting requirements of the Bureau of Consumer 
             Financial Protection, and for other purposes.

_______________________________________________________________________

                           November 21, 2017

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed