Bill
Bill > HR2553
summary
Introduced
05/19/2017
05/19/2017
In Committee
05/19/2017
05/19/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
TABS Act of 2017 Taking Account of Bureaucrats' Spending Act of 2017 This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.
AI Summary
This bill, the Taking Account of Bureaucrats' Spending (TABS) Act of 2017, amends the Consumer Financial Protection Act of 2010 to eliminate the provisions that fund the Consumer Financial Protection Bureau (CFPB) through transfers from the earnings of the Federal Reserve System. This change brings the CFPB under the regular appropriations process, removing its ability to be funded outside of the annual congressional appropriations. The bill authorizes the necessary appropriations for the CFPB to carry out its activities for fiscal years 2018 and 2019.
Committee Categories
Business and Industry
Sponsors (35)
Andy Barr (R)*,
Jim Banks (R),
Mike Bishop (R),
Warren Davidson (R),
Sean Duffy (R),
Neal Dunn (R),
Tom Emmer (R),
Bob Gibbs (R),
Garret Graves (R),
Jody Hice (R),
French Hill (R),
Trey Hollingsworth (R),
Bill Huizenga (R),
Randy Hultgren (R),
Mike Kelly (R),
Doug LaMalfa (R),
Barry Loudermilk (R),
Mia Love (R),
Frank Lucas (R),
Tom Marino (R),
Stevan Pearce (R),
Robert Pittenger (R),
Bill Posey (R),
Dennis Ross (R),
Keith Rothfus (R),
David Rouzer (R),
Steve Stivers (R),
Claudia Tenney (R),
Scott Tipton (R),
David Trott (R),
Ann Wagner (R),
Randy Weber (R),
Roger Williams (R),
David Young (R),
Lee Zeldin (R),
Last Action
Referred to the House Committee on Financial Services. (on 05/19/2017)
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/115th-congress/house-bill/2553/all-info |
| BillText | https://www.congress.gov/115/bills/hr2553/BILLS-115hr2553ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr2553/BILLS-115hr2553ih.pdf.pdf |
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