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Bill > HRes475


US HRes475

US HRes475
Providing for consideration of the bill (H.B. 3193) to amend the Consumer Financial Protection Act of 2010 to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection, and for other purposes; providing for proceedings during the period from February 13, 2014, through February 24, 2014; and for other purposes.


summary

Introduced
02/10/2014
In Committee
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

Sets forth the rule for consideration of the bill (H.B. 3193) to amend the Consumer Financial Protection Act of 2010 to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection, and for other purposes; providing for proceedings during the period from February 13, 2014, through February 24, 2014.

AI Summary

This Resolution establishes the rules for considering a bill, H.B. 3193, which aims to give the Financial Stability Oversight Council (FSOC), a government body that monitors the U.S. financial system for risks, more authority to review regulations created by the Bureau of Consumer Financial Protection (BCFP), an agency focused on protecting consumers in the financial sector. The Resolution outlines a specific process for debating and amending H.B. 3193, including limiting general debate to one hour and allowing amendments under a "five-minute rule," with certain amendments being pre-selected and their debate time strictly controlled. It also waives all objections to considering the bill and its amendments, and sets procedures for House proceedings, including allowing the Speaker to appoint Members to act as Chair, during a specific period from February 13 to February 24, 2014. Additionally, it waives a rule requiring a two-thirds vote for considering a report from the Rules Committee on the same day it's presented, specifically for measures related to the public debt limit, if reported by February 12, 2014.

Sponsors (1)

Last Action

Motion to reconsider laid on the table Agreed to without objection. (on 02/11/2014)

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