H.R.5942: FFSCC Act of 2010

About This Bill

Bill Sponsor

Bill Summary

FFSCC Act of 2010 - Authorizes the Comptroller of the Currency to provide for the organization, incorporation, examination, operation, regulation, and chartering of Federal Financial Services and Credit Companies (FFSCCs) to: (1) extend short-term and long-term credit; and (2) implement financial literacy programs. Imposes an annual fee upon FFSCCs payable to the Comptroller to offset the cost of implementing this Act. Directs the Comptroller...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
July 29, 2010

Introduced in the House by Joe Baca (D-Calif.)

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