Amendment requires the Consumer Financial Protection Bureau to (1) submit an analysis on the impact of its proposed rule or regulation on the financial industry, and (2) submit an analysis of consumer and small business access to credit as a result of the regulation, to the Financial Stability Oversight Council for the purposes of public review.

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Amendment Number
696
Description
Amendment requires the Consumer Financial Protection Bureau to (1) submit an analysis on the impact of its proposed rule or regulation on the financial industry, and (2) submit an analysis of consumer and small business access to credit as a result of the regulation, to the Financial Stability Oversight Council for the purposes of public review.
Purpose
An amendment numbered 11 printed in House Report 112-172 to require the Consumer Financial Protection Bureau to (1) submit an analysis on the impact of its proposed rule or regulation on the financial industry, and (2) an analysis of consumers and small businesses' access to credit as a result of the regulation, to the Financial Stability Oversight Council for the purposes of public review.
Congress
112
Type
HAMDT
Latest Action Date
Jul 21, 2011
Latest Action Text
On agreeing to the Rigell amendment (A011) Agreed to by recorded vote: 246 - 167 (Roll no. 619).
Latest Action Time
18:44:13
Submitted Date
Jul 21, 2011
Chamber
House of Representatives
Update Date
Feb 3, 2022
Amendment 696 — Informed