Transparency in CFPB Cost-Benefit Analysis Act
Latest action · Mar 1, 2023 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.
- IntroducedMar 1, 2023
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Transparency in CFPB Cost-Benefit Analysis Act
This bill sets forth information required to be included in a rulemaking made by the Consumer Financial Protection Bureau (CFPB). Specifically, the CFPB must publish a justification of the proposed rulemaking; a quantitative and qualitative assessment of all anticipated direct and indirect costs and benefits; alternatives to the proposed rulemaking; impacts on small businesses; and any assumptions, data, or studies used in preparing this information.
Cosponsors 23
Members who signed on, in the order they did. Signatures ran from Mar 1, 2023 to Jul 12, 2023, with 19 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TN | Andrew Ogles | Original | Mar 1, 2023 |
| R-KY | Andy Barr | Original | Mar 1, 2023 |
| R-GA | Barry Loudermilk | Original | Mar 1, 2023 |
| R-MI | Bill Huizenga | Original | Mar 1, 2023 |
| R-FL | Bill Posey | Original | Mar 1, 2023 |
| R-MO | Blaine Luetkemeyer | Original | Mar 1, 2023 |
| R-WI | Bryan Steil | Original | Mar 1, 2023 |
| R-TN | David Kustoff | Original | Mar 1, 2023 |
| R-IN | Erin Houchin | Original | Mar 1, 2023 |
| R-TN | John W. Rose | Original | Mar 1, 2023 |
| R-NE | Mike Flood | Original | Mar 1, 2023 |
| R-TX | Pete Sessions | Original | Mar 1, 2023 |
| R-SC | Ralph Norman | Original | Mar 1, 2023 |
| R-TX | Roger Williams | Original | Mar 1, 2023 |
| R-WI | Scott Fitzgerald | Original | Mar 1, 2023 |
Actions 2
Everything that happened, newest first.
- Mar 1, 2023Introduced in House
- Mar 1, 2023Referred to the House Committee on Financial Services.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1362 | Transparency in CFPB Cost-Benefit Analysis Act | Identical bill | Apr 27, 2023 |
| HR 2798 | CFPB Transparency and Accountability Reform Act | Related bill | Dec 4, 2023 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Mar 1, 2023Introduced 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.