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US HB3141
Bill
Status
Introduced
5/1/2025
Primary Sponsor
Troy Downing
Click for details
AI Summary
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Caps the Consumer Financial Protection Bureau's (CFPB) unobligated balances at 5% of the Bureau's annual funding limit for each fiscal year
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Requires the CFPB Director to transfer any unobligated balances exceeding the 5% cap to the general fund of the U.S. Treasury
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Mandates that the CFPB's annual financial reports include a description of how the Bureau uses its unobligated balances
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Amends Section 1017 of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497)
Legislative Description
CFPB Budget Integrity Act
Finance and financial sector
Last Action
Referred to the House Committee on Financial Services.
5/1/2025
Committee Referrals
Financial Services5/1/2025
Full Bill Text
No bill text available