United States 112th Congress Status: Died 1 R cosponsors

HR 1121 — Responsible Consumer Financial Protection Regulations Act of 2011

Last action — Supplemental report filed by the Committee on Financial Services, H. Rept. 112-107, Part II.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 112th Congress. It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Responsible Consumer Financial Protection Regulations Act of 2011 - Amends the Consumer Financial Protection Act of 2010, (title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act), to replace the position of Director of the Bureau of Consumer Financial Protection with a five-member Commission composed of the Vice Chairman for Supervision of the Federal Reserve System and four additional members appointed by the President, with the advice and consent of the Senate, from among individuals who should want to protect service members and their families who are sacrificing their lives for this country from abusive financial practices. Prohibits Commission members from engaging in any other business, vocation, or employment. Requires one member of the Commission to exercise primary responsibility for the Bureau's oversight activities pertaining to protecting consumers, with a focus on consumers who are older, minorities, youth, or veterans, from unfair, deceptive, and abusive lending practices. Prohibits the Chair of the Commission from making requests for estimates related to appropriations without prior Commission approval.

Bill Text

We don't have the full text on file for this bill yet.

Read HR 1121 on the official United States source →

Action History

  1. Supplemental report filed by the Committee on Financial Services, H. Rept. 112-107, Part II.

  2. Placed on the Union Calendar, Calendar No. 61.

  3. Reported (Amended) by the Committee on Financial Services. H. Rept. 112-107.

  4. Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 24.

  5. Committee Consideration and Mark-up Session Held.

  6. Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 13 - 7 .

  7. Subcommittee Consideration and Mark-up Session Held.

  8. Subcommittee Hearings Held.

  9. Referred to the Subcommittee on Financial Institutions and Consumer Credit.

  10. Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.

  11. Referred to the House Committee on Financial Services.

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.

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"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.

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Subjects

finance civil-rights
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Frequently asked questions

What does HR 1121 do?
Responsible Consumer Financial Protection Regulations Act of 2011 - Amends the Consumer Financial Protection Act of 2010, (title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act), to replace the position of Director of the Bureau of Consumer Financial Protection with a five-member Commission composed of the Vice Chairman for Supervision of the Federal Reserve System and four additional members appointed by the President, with the advice and consent of the Senate, from among individuals who should want to protect service members and their families who are sacrificing their lives for this country from abusive financial practices. Prohibits Commission members from engaging in any other business, vocation, or employment. Requires one member of the Commission to exercise primary responsibility for the Bureau's oversight activities pertaining to protecting consumers, with a focus on consumers who are older, minorities, youth, or veterans, from unfair, deceptive, and abusive lending practices. Prohibits the Chair of the Commission from making requests for estimates related to appropriations without prior Commission approval.
Who sponsors HR 1121?
HR 1121 is sponsored by Spencer Bachus (Republican).
What is the current status of HR 1121?
This bill died with 112th Congress. It reached “In Committee” 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 1121?
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