FFSCC Act of 2010
Latest action · Jul 29, 2010 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 29, 2010
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
FFSCC Act of 2010 - Authorizes the Comptroller of the Currency to provide for the organization, incorporation, examination, operation, regulation, and chartering of Federal Financial Services and Credit Companies (FFSCCs) to: (1) extend short-term and long-term credit; and (2) implement financial literacy programs.
Imposes an annual fee upon FFSCCs payable to the Comptroller to offset the cost of implementing this Act.
Directs the Comptroller to: (1) study rates and terms used in the extension of credit; and (2) develop a suite of FSCC financial products that will be fair to underbanked persons and economically viable for FFSCCs to offer.
Cosponsors 13
Members who signed on, in the order they did. Signatures ran from Jul 29, 2010 to Dec 8, 2010, with 5 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-FL | Alan Grayson | Original | Jul 29, 2010 |
| D-GA | Henry C. "Hank" Johnson, Jr. | Original | Jul 29, 2010 |
| D-CA | Laura Richardson | Original | Jul 29, 2010 |
| D-TX | Sheila Jackson Lee | Original | Jul 29, 2010 |
| D-MO | Wm. Lacy Clay | Original | Jul 29, 2010 |
| D-IL | Bobby L. Rush | Jul 30, 2010 | |
| D-NY | Gregory W. Meeks | Jul 30, 2010 | |
| D-TX | Ciro D. Rodriguez | Sep 22, 2010 | |
| D-MN | Betty McCollum | Sep 23, 2010 | |
| D-NM | Harry Teague | Sep 29, 2010 | |
| D-MS | Bennie G. Thompson | Nov 15, 2010 | |
| D-IL | Jesse L. Jackson, Jr. | Nov 15, 2010 | |
| D-NY | Edolphus Towns | Dec 8, 2010 |
Actions 2
Everything that happened, newest first.
- Jul 29, 2010Introduced in House
- Jul 29, 2010Referred to the House Committee on Financial Services.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jul 29, 2010Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.