HR-1195 : Still Just a Bill

Bureau of Consumer Financial Protection Advisory Boards Act

Amends the Consumer Financial Protection Act of 2010 to direct the Director of the Consumer Financial Protection Bureau (CFPB) to establish a Small Business Advisory Board to: (1) advise and consult with the CFPB in the exercise of its functions under the federal consumer financial laws regarding eligible financial products or services, and (2) provide information on evolving small business practices.

Requires such Board members to be representatives of small business concerns that:

  • provide financial products or services for use by consumers primarily for personal, family, or household purposes,
  • are service providers to covered persons; and
  • use consumer financial products or services in financing the business activities of such small businesses.

Encourages the Director, in making such Board appointments, to ensure the participation of minority- and women-owned small business concerns and their interests, without regard to party affiliation.

Instructs the Director to establish a Credit Union Advisory Council and a Community Bank Advisory Council to advise and consult with the CFPB on consumer financial products or services that impact credit unions and community banks, respectively.

Encourages the Director, in making appointments to such Councils, to ensure the participation of credit unions and community banks predominantly serving traditionally underserved communities and populations and their interests, without regard to party affiliation.

Action Timeline

Action DateTypeTextSource
2015-04-23IntroReferralReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2015-04-22FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2015-04-22VoteOn passage Passed by the Yeas and Nays: 235 - 183 (Roll no. 167).House floor actions
2015-04-22VoteOn motion to recommit with instructions Failed by recorded vote: 184 - 234 (Roll no. 166).House floor actions
2015-04-22FloorThe previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H2380)House floor actions
2015-04-22FloorDEBATE - The House proceeded with 10 minutes of debate on the Kuster motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to add at the end of the bill a section on prohibition against participation by persons employed by companies engaged in predatory practices related to servicemembers pending reservation of a point of order. Subsequently, the reservation was removed.House floor actions
2015-04-22FloorMs. Kuster moved to recommit with instructions to the Committee on Financial Services. (consideration: CR H2379-2380; text: CR H2379)House floor actions
2015-04-22FloorThe House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union. (text of measure as amended in House: CR H2341-2342)House floor actions
2015-04-22FloorThe previous question was ordered pursuant to the rule. (consideration: CR H2379)House floor actions
2015-04-22FloorThe House rose from the Committee of the Whole House on the state of the Union to report H.R. 1195.House floor actions
2015-04-22FloorUNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of the Kuster (NH) amendment No. 1 printed in part D of House Report 114-74.House floor actions
2015-04-22FloorThe House resolved into Committee of the Whole House on the state of the Union for further consideration.House floor actions
2015-04-22FloorConsidered as unfinished business. (consideration: CR H2378-2381)House floor actions
2015-04-21FloorCommittee of the Whole House on the state of the Union rises leaving H.R. 1195 as unfinished business.House floor actions
2015-04-21FloorOn motion that the Committee rise Agreed to by voice vote.House floor actions
2015-04-21FloorMr. Neugebauer moved that the Committee rise.House floor actions
2015-04-21FloorDEBATE - Pursuant to the provisions of H. Res. 200, the Committee of the Whole proceeded with 10 minutes of debate on the Kuster (NH) part D amendment No. 2.House floor actions
2015-04-21FloorPOSTPONED PROCEEDINGS - At the conclusion of debate on the Kuster (NH) part D No. 1 amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Maxine Waters demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.House floor actions
2015-04-21FloorDEBATE - Pursuant to the provisions of H. Res. 200, the Committee of the Whole proceeded with 10 minutes of debate on the Kuster (NH) part D amendment No. 1.House floor actions
2015-04-21FloorAt the conclusion of debate, the Chair announced that pursuant to the provisions of H. Res. 200, the amendment printed in part C of House Report 114-74 is adopted.House floor actions
2015-04-21FloorGENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1195.House floor actions
2015-04-21FloorThe Speaker designated the Honorable John J. Duncan, Jr. to act as Chairman of the Committee.House floor actions
2015-04-21FloorHouse resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 200 and Rule XVIII.House floor actions
2015-04-21FloorConsidered under the provisions of rule H. Res. 200. (consideration: CR H2335-2343)House floor actions
2015-04-06CalendarsPlaced on the Union Calendar, Calendar No. 36.House floor actions
2015-04-06CommitteeReported by the Committee on Financial Services. H. Rept. 114-55.House floor actions
2015-03-26CommitteeOrdered to be Reported by the Yeas and Nays: 53 - 5.House committee actions
2015-03-26CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2015-03-25CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2015-03-02IntroReferralReferred to the House Committee on Financial Services.House floor actions
2015-03-02IntroReferralIntroduced in HouseLibrary of Congress