HR 5534 · 115th Congress 2017โ€“2019, ended

GUIDE Compliance Act

Latest action · Dec 21, 2018 Placed on the Union Calendar, Calendar No. 847.

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. IntroducedApr 17, 2018
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Give Useful Information to Define Effective Compliance Act or the GUIDE Compliance Act

This bill amends the Consumer Financial Protection Act of 2010 to require certain procedures for guidance issued by the Consumer Financial Protection Bureau.

Cosponsors 11

Members who signed on, in the order they did. Signatures ran from Apr 17, 2018 to Sep 10, 2018; 1 is an original cosponsor, there from the day it was introduced.

SeatCosponsorSigned on
D-COEd PerlmutterOriginalApr 17, 2018
R-IADavid YoungJun 5, 2018
R-CAEdward R. RoyceJun 5, 2018
R-TXJohn RatcliffeJun 5, 2018
R-TXKenny MarchantJun 5, 2018
I-AZKyrsten SinemaJun 5, 2018
R-ALMo BrooksJun 5, 2018
R-COScott R. TiptonJun 5, 2018
R-KYAndy BarrJun 8, 2018
R-COMike CoffmanJun 22, 2018
D-GADavid ScottSep 10, 2018

Committees 1

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

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Apr 17, 2018Markup Sep 13, 2018Reported Dec 21, 2018

Actions 6

Everything that happened, newest first.

  1. Dec 21, 2018Reported (Amended) by the Committee on Financial Services. H. Rept. 115-1095.
  2. Dec 21, 2018Placed on the Union Calendar, Calendar No. 847.
  3. Sep 13, 2018Committee Consideration and Mark-up Session Held.
  4. Sep 13, 2018Ordered to be Reported (Amended) by the Yeas and Nays: 38 - 14.
  5. Apr 17, 2018Introduced in House
  6. Apr 17, 2018Referred 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.

Committee report

Congressional Budget Office cost estimate

  1. Dec 19, 2018H.R. 5534, GUIDE Compliance ActAs ordered reported by the House Committee on Financial Services on September 13, 2018

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Article I, section 8, clause 1 (relating to the general welfare of the United States); and Article I, section 8, clause 3 (relating to the power to regulate interstate commerce).

The sponsor’s statement, as printed in the Congressional Record, vol. 164, no. 62, April 17, 2018, page H3396.

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. 115-98IMPROVING TRANSPARENCY AND ACCOUNTABILITY AT THE BUREAU OF CONSUMER FINANCIAL PROTECTION144 pagesFinancial Services CommitteeJun 6, 2018

Related bills 1

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

BillTitleRelationshipLatest action
S 3443GUIDE Compliance ActRelated billSep 17, 2018

Titles 5

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 provide procedures for guidance issued by the Bureau of Consumer Financial Protection, and for other purposes.
Short Titles as Introduced
GUIDE Compliance Act
Give Useful Information to Define Effective Compliance Act
Short Titles as Reported to House
GUIDE Compliance Act
Give Useful Information to Define Effective Compliance Act

Subjects

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

Text 2

Each version as it was printed, newest first.

  1. Dec 21, 2018Reported in House
  2. Apr 17, 2018Introduced in House

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

Processed by Stripe in a separate window. LegiList never sees card details.

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.