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H.R. 2672

Helping Expand Lending Practices in Rural Communities Act

Helping Expand Lending Practices in Rural Communities Act - Directs the Consumer Financial Protection Bureau (CFPB) to establish an application process under which a person who lives or does business in a state may apply to have an area in the state identified as a rural area if it has not yet been so designated by the CFPB for purposes of federal consumer financial law.

Prescribes criteria for the CFPB to consider when evaluating the application.

Requires the CFPB to: (1) grant or deny the application within 90 days after the public comment period ends; and (3) publish the grant or denial in the Federal Register, including an explanation of the factors upon which the CFPB relied in making its determination.

Sunsets this Act two years after its date of enactment.

Committee on Banking, Housing, and Urban Affairs. Hearings held.

Rep. Barr, Andy [R-KY-6](R-KY)Sponsor
6 cosponsors2 D4 R
6cosponsors2committees14actions2related bills5subjects
  • Received in SenateMay 7, 2014
  • Engrossed in HouseMay 6, 2014
  • Introduced in HouseJul 11, 2013
  1. Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held.

  2. IntroReferral

    Received in the Senate.

  3. FloorH38800

    The title of the measure was amended. Agreed to without objection.

  4. FloorH37300

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3420)

  5. Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H3420)

  6. FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2672.

  7. FloorH30000

    Considered under suspension of the rules. (consideration: CR H3420-3422)

  8. FloorH30300

    Mrs. Capito moved to suspend the rules and pass the bill, as amended.

  9. Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 55 - 1.

  10. Committee

    Committee Consideration and Mark-up Session Held.

  11. Committee

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

  12. IntroReferralH11100

    Referred to the House Committee on Financial Services.

  13. IntroReferralIntro-H

    Introduced in House

  14. IntroReferral1000

    Introduced in House

May 6, 201436

Helping Expand Lending Practices in Rural Communities Act - Directs the Consumer Financial Protection Bureau (CFPB) to establish an application process under which a person who lives or does business in a state may apply to have an area in the state identified as a rural area if it has not yet been so designated by the CFPB for purposes of federal consumer financial law.

Prescribes criteria for the CFPB to consider when evaluating the application.

Requires the CFPB to: (1) grant or deny the application within 90 days after the public comment period ends; and (3) publish the grant or denial in the Federal Register, including an explanation of the factors upon which the CFPB relied in making its determination.

Sunsets this Act two years after its date of enactment.

Jul 11, 2013

CFPB Rural Designation Petition and Correction Act - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to direct the Consumer Financial Protection Bureau (CFPB) to establish an application process under which a person who lives or does business in a state may apply to have a county designated as a rural area for purposes of a federal consumer financial law.

Prescribes criteria for the CFPB to consider when evaluating such an application.

Requires the CFPB to enter each such application into a sortable, downloadable database publicly accessible through its website.

Helping Expand Lending Practices in Rural Communities Act — Informed