H.R.1315 - Consumer Financial Protection Safety and Soundness Improvement Act of 2011

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection. view all titles (6)

All Bill Titles

  • Official: To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection. as introduced.
  • Short: Consumer Financial Protection Safety and Soundness Improvement Act of 2011 as introduced.
  • Official: To amend the Dodd-Frank Wall Street Reform and ConsumerProtection Act to strengthen the review authorityof the Financial Stability Oversight Council of regulationsissued by the Bureau of Consumer Financial Protection,to rescind the unobligated funding for the FHARefinance Program and to terminate the program, andfor other purposes. as amended by house.
  • Short: Consumer Financial Protection Safety and Soundness Improvement Act of 2011 as reported to house.
  • Short: Consumer Financial Protection Safety and Soundness Improvement Act of 2011 as passed house.
  • Short: FHA Refinance Program Termination Act as passed house.

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Latest Amendment Status Purpose View All Amendments [11]
 
H.Amdt686 Fail An amendment numbered 1 printed in House Report 112-172 to strike Section 1023 of the Dodd-Frank Act giving the Financial Stability Oversight Council the ability to override Consumer Financial Protection Bureau rules.
H.Amdt687 Fail An amendment numbered 2 printed in House Report 112-172 to restore a 2/3 majority vote in order for the Financial Stability Oversight Council to overrule Consumer Financial Protection Bureau regulation.
H.Amdt688 Pass An amendment numbered 3 printed in House Report 112-172 to eliminate potential conflicts of interest by providing that no Member of the Financial Stability Oversight Council may participate in a vote to issue a stay of, or set aside, a regulation issued by the Bureau of Consumer Financial Protection if said regulation would affect an institution for which that individual was employed in the preceding 2 years.
Latest Actions View All Actions [52]
 
Mar 16thHearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.
Apr 1stReferred to the House Committee on Financial Services.
Apr 1st

Latest Vote

Result: Passed - July 21, 2011

Roll call number 621 in the House

Question: On Passage: H R 1315 To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection

Required percentage of 'Aye' votes: 1/2 (50%)
Percentage of 'aye' votes: 55%
 

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8% Users Support Bill

1 in favor / 11 opposed
 

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