summary
Introduced
03/23/2023
03/23/2023
In Committee
03/23/2023
03/23/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To impose additional requirements for covered agencies in regulatory flexibility analysis.
AI Summary
This bill, the "Making the CFPB Accountable to Small Businesses Act of 2023," amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to require the Consumer Financial Protection Bureau (CFPB) to consider the impact of proposed rules on small entities, in accordance with the Regulatory Flexibility Act. The bill also requires covered agencies, including the CFPB, to provide a detailed justification if they do not adopt alternatives to minimize the impact of rules on small entities, and to describe the steps taken to minimize any additional cost of credit for small entities in the final regulatory flexibility analysis.
Committee Categories
Justice
Sponsors (5)
Last Action
Referred to the Committee on the Judiciary, and in addition to the Committees on Small Business, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 03/23/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/1749/all-info |
| BillText | https://www.congress.gov/118/bills/hr1749/BILLS-118hr1749ih.pdf |
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