H.R.4662: Bureau Advisory Opinion Act

About This Bill

Bill Sponsor

Bill Cosponsor

Bill Summary

Bureau Advisory Opinion Act - Amends the Consumer Financial Protection Act of 2010 to require the Director of the Consumer Financial Protection Bureau (CFPB) to: (1) establish a procedure to respond to specific inquiries by a covered person concerning conformance of prospective conduct with federal consumer financial law, and (2) issue an opinion in response to the inquiry within 90 days (with a single allowable extension of another 45 days)....

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.4662.

Bill Actions

Date Description
June 11, 2014
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 27.
June 11, 2014
Committee Consideration and Mark-up Session Held.
May 21, 2014
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
May 15, 2014
Referred to the House Committee on Financial Services.
May 15, 2014

Introduced in the House by Bill Posey (R-Fla.)

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