HR 1486 · 114th Congress · Finance and Financial Sector

TABS Act of 2016

Introduced 2015-03-19· Sponsored by Rep. Barr, Andy [R-KY-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 414.(2016-05-06)

Plain Language Summary

[AI summary unavailable — showing source text] Taking Account of Bureaucrats' Spending Act of 2015 or the TABS Act of 2015 This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 1486, Taking Account of Bureaucrats’ Spending Act of 2016

Apr 20, 2016

As ordered reported by the House Committee on Financial Services on April 13, 2016

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

20 Republicans