HR 3389 · 113th Congress · Finance and Financial Sector
CFPB Slush Fund Elimination Act of 2013
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 27.(2014-06-11)
Plain Language Summary
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CFPB Slush Fund Elimination Act of 2013 - Amends the Consumer Financial Protection Act of 2010 to repeal the Consumer Financial Civil Penalty Fund, into which are deposited any civil penalties paid in judicial or administrative actions under federal consumer financial laws. Requires the Board of Governors of the Federal Reserve System to deposit all such civil penalties, and all amounts currently in the Civil Penalty Fund, into the Treasury's general fund.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 3389, Ensuring Harmed Consumers Receive Compensation Act
Aug 20, 2014As ordered reported by the House Committee on Financial Services on June 11, 2014
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (13)
13 Republicans