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Bill114th CongressFiled Mar 19, 2015Finance and Financial Sector
H.R. 1486

TABS Act of 2016

Bill journey · stage 2 of 5

Under committee review

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Law

What it doesSummary reported to house with amendment(s) (May 6, 2016)

Taking Account of Bureaucrats' Spending Act of 2016 or the TABS Act of 2016

(Sec. 2) This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.

What just happenedMay 6, 2016

Placed on the Union Calendar, Calendar No. 414.

Who’s behind it

Rep. Barr, Andy [R-KY-6](R-KY)Sponsor
50 cosponsors50 R
Read on Congress.gov
50cosponsors1committees8actions2related bills6subjects
  1. May 6, 2016CalendarsH12410

    Placed on the Union Calendar, Calendar No. 414.

  2. May 6, 2016CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-538.

    Financial Services Committee
  3. May 6, 2016Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-538.

    Financial Services Committee
  4. Apr 13, 2016Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 20.

    Financial Services Committee
  5. Apr 13, 2016Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Mar 19, 2015IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  7. Mar 19, 2015IntroReferralIntro-H

    Introduced in House

  8. Mar 19, 2015IntroReferral1000

    Introduced in House

Reported to House with amendment(s)May 6, 201617

Taking Account of Bureaucrats' Spending Act of 2016 or the TABS Act of 2016

(Sec. 2) This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.

Introduced in HouseMar 19, 2015

Taking Account of Bureaucrats' Spending Act of 2015 or the TABS Act of 2015

This bill amends the Consumer Financial Protection Act of 2010 to eliminate provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.

TABS Act of 2016 — Informed