HR 3871 · 112th Congress 2011โ€“2013, ended

Proprietary Information Protection Act of 2012

Latest action · Feb 9, 2012 Referred to the Subcommittee on Financial Institutions and Consumer Credit.

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.

  1. IntroducedFeb 1, 2012
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Proprietary Information Protection Act of 2012 - Amends the Consumer Financial Protection Act of 2010 to prohibit information submitted by a person to the Consumer Financial Protection Bureau (CFPB) in the course of any CFPB supervisory or regulatory process from being construed as affecting any privilege such person may claim with respect to such information under federal or state law.

Cosponsors 4

Members who signed on, in the order they did. Signatures ran from Feb 1, 2012 to Feb 15, 2012; 2 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-WVShelley Moore CapitoOriginalFeb 1, 2012
R-ALSpencer BachusOriginalFeb 1, 2012
R-TXFrancisco "Quico" CansecoFeb 8, 2012
R-MOBlaine LuetkemeyerFeb 15, 2012

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Feb 1, 2012
Consumer Protection and Financial Institutions Subcommittee
Hearings Feb 8, 2012Referred Feb 9, 2012

Actions 4

Everything that happened, newest first.

  1. Feb 9, 2012Referred to the Subcommittee on Financial Institutions and Consumer Credit.
  2. Feb 8, 2012Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
  3. Feb 1, 2012Introduced in House
  4. Feb 1, 2012Referred to the House Committee on Financial Services.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: In keeping with the Rules of the House of Representatives, Amendment X is cited as delegating to the states or to the people all ``powers not delegated to the United States by the Constitution.''

The sponsor’s statement, as printed in the page H375.

Printed hearings 1

Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.

NumberHearingCommitteeHeld
Serial No. 112-99LEGISLATIVE PROPOSALS TO PROMOTE ACCOUNTABILITY AND TRANSPARENCY AT THE CONSUMER FINANCIAL PROTECTION BUREAU103 pagesFinancial Services CommitteeFeb 8, 2012

Related bills 1

Companion bills and other measures the record links to this one.

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Consumer Financial Protection Act of 2010 to preserve privilege for information submitted to the Bureau of Consumer Financial Protection.
Short Titles as Introduced
Proprietary Information Protection Act of 2012

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. Feb 1, 2012Introduced in House

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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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.