Congress 114 - HR 1259 - Helping Expand Lending Practices in Rural Communities Act

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Topics

Administrative remedies Banking and financial institutions regulation Consumer credit Consumer Financial Protection Bureau Finance and Financial Sector Rural conditions and development

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Summary

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Helping Expand Lending Practices in Rural Communities Act

(Sec. 2) Directs the Consumer Financial Protection Bureau (CFPB) to establish an application process under which a person who lives or does business in a state may apply to have an area in the state identified as a rural area if it has not yet been so designated by the CFPB for purposes of federal consumer financial law.

Prescribes criteria for the CFPB to consider when evaluating the application.

Requires the CFPB to: (1) grant or deny the application within 90 days after the public comment period ends; and (2) publish the grant or denial in the Federal Register, including an explanation of the factors upon which the CFPB relied in making its determination.

Sunsets this Act two years after its enactment.

Actions

Apr 14, 2015

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 13, 2015

Motion to reconsider laid on the table Agreed to without objection.
Apr 13, 2015

On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 401 - 1 (Roll no. 145). (text: CR H2122)
Apr 13, 2015

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 401 - 1 (Roll no. 145).(text: CR H2122)
Apr 13, 2015

Considered as unfinished business. (consideration: CR H2127)
Apr 13, 2015

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Apr 13, 2015

DEBATE - The House proceeded with forty minutes of debate on H.R. 1259.
Apr 13, 2015

Considered under suspension of the rules. (consideration: CR H2121-2123)
Apr 13, 2015

Mr. Neugebauer moved to suspend the rules and pass the bill.
Apr 13, 2015

Placed on the Union Calendar, Calendar No. 41.
Apr 13, 2015

Reported by the Committee on Financial Services. H. Rept. 114-60.
Mar 26, 2015

Ordered to be Reported by the Yeas and Nays: 56 - 2.
Mar 26, 2015

Committee Consideration and Mark-up Session Held.
Mar 25, 2015

Committee Consideration and Mark-up Session Held.
Mar 4, 2015

Referred to the House Committee on Financial Services.
Mar 4, 2015

Introduced in House

Amendments

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