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- H.R.1909
H.R.1909: FFSCC Charter Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced May 13, 2011
- Latest Major Action July 29, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
20 (10 Democrats, 10 Republicans)
Bill Summary
FFSCC Charter Act of 2011 - Directs the Comptroller of the Currency to: (1) provide for the establishment and chartering of Federal Financial Services and Credit Companies (FFSCCs); and (2) ensure that credit alternatives are available to the underbanked. Prescribes eligibility criteria for an FFSCC charter. Subjects FFSCCs to specified requirements, including: (1) credit disclosures; (2) account access; (3) financial literacy programs; (4) a...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| May 13, 2011 |
Introduced in the House by Joe Baca (D-Calif.) |