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US HB3141

Bill

Status

Introduced

5/1/2025

Primary Sponsor

Troy Downing

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Caps the Consumer Financial Protection Bureau's (CFPB) unobligated balances at 5% of the Bureau's annual funding limit for each fiscal year

  • Requires the CFPB Director to transfer any unobligated balances exceeding the 5% cap to the general fund of the U.S. Treasury

  • Mandates that the CFPB's annual financial reports include a description of how the Bureau uses its unobligated balances

  • 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