United States 116th Congress Status: Passed House 1 D cosponsors

HR 4067 — Financial Inclusion in Banking Act of 2019

Last action — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 116th Congress. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

Financial Inclusion in Banking Act of 2019 This bill expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. The office must, in part (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation. The bill also decreases, beginning September 30, 2029, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)

Bill Text

What changed in the latest version

6 added · 1 removed

Plain-language change summary

The amendment adds a new section identifying the bill as having been received in the Senate on October 29, 2019, and indicates that it has been read twice and referred to the Committee on Banking, Housing, and Urban Affairs. It removes the reference to the bill being "Engrossed in House." This change matters as it reflects the current status of the bill in the legislative process and helps track its movement from the House to the Senate.

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4067 Engrossed in House (EH)] <DOC> 116th CONGRESS 1st Session H.
4067 Referred in Senate (RFS)] <DOC> 116th CONGRESS 1st Session H.
4067 _______________________________________________________________________ AN ACT To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes.
4067 _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES October 29, 2019 Received;
read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ AN ACT To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes.
Clerk.
CHERYL L.
116th CONGRESS 1st Session H.
JOHNSON, Clerk.
R.
4067 _______________________________________________________________________ AN ACT To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes.
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Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Financial Services.

  4. Committee Consideration and Mark-up Session Held.

  5. Committee Consideration and Mark-up Session Held.

  6. Committee Consideration and Mark-up Session Held.

  7. Ordered to be Reported (Amended) by the Yeas and Nays: 55 - 0.

  8. Mr. Scott, David moved to suspend the rules and pass the bill, as amended.

  9. Considered under suspension of the rules. (consideration: CR H8503-8505)

  10. DEBATE - The House proceeded with forty minutes of debate on H.R. 4067.

  11. Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H8503)

  12. On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8503)

  13. Motion to reconsider laid on the table Agreed to without objection.

  14. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

Show all 546 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HR 4067 do?
Financial Inclusion in Banking Act of 2019 This bill expands the duties of the Office of Community Affairs within the Consumer Financial Protection Bureau regarding under-banked, un-banked, and underserved consumers. The office must, in part (1) report on impeding factors for individuals and families that do not participate in the banking system, and (2) develop strategies to increase such participation. The bill also decreases, beginning September 30, 2029, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)
Who sponsors HR 4067?
HR 4067 is sponsored by Scott, David (Democratic).
What is the current status of HR 4067?
This bill died with 116th Congress. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 4067?
Track HR 4067 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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