HR 1486 · 114th Congress · Finance and Financial Sector
TABS Act of 2016
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 414.(2016-05-06)
Plain Language Summary
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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 OfficeH.R. 1486, Taking Account of Bureaucrats’ Spending Act of 2016
Apr 20, 2016As 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