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Bill114th CongressFiled Apr 13, 2015Finance and Financial Sector
H.R. 1737

Reforming CFPB Indirect Auto Financing Guidance Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary passed house amended (Nov 18, 2015)

Reforming CFPB Indirect Auto Financing Guidance Act

(Sec. 2) Declares without force or effect Consumer Financial Protection Bureau (CFPB) Bulletin 2013-02 (Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act), published March 21, 2013.

(Sec. 3) Amends the Consumer Financial Protection Act of 2010 to direct the CFPB, when proposing and issuing guidance primarily related to indirect auto financing, to:

  • provide for a public notice and comment period before issuing the guidance in final form;
  • make publicly available all information relied on by the CFPB;
  • redact any information exempt from disclosure under the Freedom of Information Act;
  • consult with the Board of Governors of the Federal Reserve System, the Federal Trade Commission, and the Department of Justice; and
  • study the costs and impacts of the guidance to consumers and women-owned, minority-owned, veteran-owned, and small businesses, including consumers and small businesses in rural areas.

What just happenedNov 19, 2015

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

Who’s behind it

Rep. Guinta, Frank C. [R-NH-1](R-NH)Sponsor
166 cosponsors65 D101 R
Read on Congress.gov
166cosponsors2committees27actions3amendments3related bills14subjects
  1. Nov 19, 2015IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  2. Nov 18, 2015FloorH38310

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

  3. Nov 18, 2015FloorH37100

    On passage Passed by the Yeas and Nays: 332 - 96 (Roll no. 637).

  4. Nov 18, 2015Floor8000

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 332 - 96 (Roll no. 637).

  5. Nov 18, 2015FloorH30000

    Considered as unfinished business. (consideration: CR H8322)

  6. Nov 18, 2015FloorH8D000

    POSTPONED ROLL CALL VOTE - The Chair put the question on passage of H.R. 1737 and by voice vote, announced that the ayes had prevailed. Mr. Guinta demanded the yeas and nays and the Chair postponed further proceedings on the question of passage until a time to be announced.

  7. Nov 18, 2015FloorH34400

    The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.

  8. Nov 18, 2015FloorH35000

    The previous question was ordered pursuant to the rule. (consideration: CR H8311)

  9. Nov 18, 2015FloorH32600

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1737.

  10. Nov 18, 2015FloorH8D000

    DEBATE - Pursuant to the provisions of H. Res. 526, the Committee of the Whole proceeded with 10 minutes of debate on the Sewell amendment No. 3.

  11. Nov 18, 2015FloorH8D000

    DEBATE - Pursuant to the provisions of H. Res. 526, the Committee of the Whole proceeded with 10 minutes of debate on the Smith (MO) amendment No. 2.

  12. Nov 18, 2015FloorH8D000

    DEBATE - Pursuant to the provisions of H. Res. 526, the Committee of the Whole proceeded with 10 minutes of debate on the Gosar amendment No. 1.

  13. Nov 18, 2015FloorH8D000

    GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1737.

  14. Nov 18, 2015FloorH32400

    The Speaker designated the Honorable Ted Poe to act as Chairman of the Committee.

  15. Nov 18, 2015FloorH32020

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 526 and Rule XVIII.

  16. Nov 18, 2015FloorH8D000

    Rule provides for consideration of H.R. 1737 and H.R. 511. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. For the purposes of requesting a conference with the Senate, the resolution provides that the House has taken S. 1177 from the Speaker's table, adopts an amendment in the nature of a substitute consisting of the text of H.R. 5, as passed by the House and adopts S. 1177, as amended. The resolution makes in order only those amendments to H.R. 1737 printed in the report. H.R. 511 shall be considered under a closed rule.

  17. Nov 18, 2015FloorH30000

    Considered under the provisions of rule H. Res. 526. (consideration: CR H8297-8311; text of measure as reported in House: CR H8309)

  18. Nov 16, 2015FloorH1L210

    Rules Committee Resolution H. Res. 526 Reported to House. Rule provides for consideration of H.R. 1737 and H.R. 511. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. For the purposes of requesting a conference with the Senate, the resolution provides that the House has taken S. 1177 from the Speaker's table, adopts an amendment in the nature of a substitute consisting of the text of H.R. 5, as passed by the House and adopts S. 1177, as amendend. The resolution makes in order only those amendments to H.R. 1737 printed inthe report. H.R. 511 shall be considered under a closed rule.

  19. Nov 9, 2015CalendarsH12410

    Placed on the Union Calendar, Calendar No. 250.

  20. Nov 9, 2015CommitteeH12200

    Reported by the Committee on Financial Services. H. Rept. 114-329.

    Financial Services Committee
  21. Nov 9, 2015Committee5000

    Reported by the Committee on Financial Services. H. Rept. 114-329.

    Financial Services Committee
  22. Jul 29, 2015Committee

    Ordered to be Reported by the Yeas and Nays: 47 - 10.

    Financial Services Committee
  23. Jul 29, 2015Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  24. Jun 11, 2015Committee

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

    Consumer Protection and Financial Institutions Subcommittee
  25. Apr 13, 2015IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  26. Apr 13, 2015IntroReferralIntro-H

    Introduced in House

  27. Apr 13, 2015IntroReferral1000

    Introduced in House

Passed House amendedNov 18, 201536

Reforming CFPB Indirect Auto Financing Guidance Act

(Sec. 2) Declares without force or effect Consumer Financial Protection Bureau (CFPB) Bulletin 2013-02 (Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act), published March 21, 2013.

(Sec. 3) Amends the Consumer Financial Protection Act of 2010 to direct the CFPB, when proposing and issuing guidance primarily related to indirect auto financing, to:

  • provide for a public notice and comment period before issuing the guidance in final form;
  • make publicly available all information relied on by the CFPB;
  • redact any information exempt from disclosure under the Freedom of Information Act;
  • consult with the Board of Governors of the Federal Reserve System, the Federal Trade Commission, and the Department of Justice; and
  • study the costs and impacts of the guidance to consumers and women-owned, minority-owned, veteran-owned, and small businesses, including consumers and small businesses in rural areas.
Reported to House without amendmentNov 9, 201579

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Reforming CFPB Indirect Auto Financing Guidance Act

(Sec. 2) Declares without force or effect Consumer Financial Protection Bureau (CFPB) Bulletin 2013-02 (Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act), published March 21, 2013.

(Sec. 3) Amends the Consumer Financial Protection Act of 2010 to direct the CFPB, when proposing and issuing guidance primarily related to indirect auto financing, to:

  • provide for a public notice and comment period before issuing the guidance in final form;
  • make publicly available all information relied on by the CFPB;
  • redact any information exempt from disclosure under the Freedom of Information Act;
  • consult with the Board of Governors of the Federal Reserve System, the Federal Trade Commission, and the Department of Justice; and
  • study the costs and impacts of the guidance to consumers and women-owned, minority-owned, and small businesses.
Introduced in HouseApr 13, 2015

Reforming CFPB Indirect Auto Financing Guidance Act

Declares without force or effect Consumer Financial Protection Bureau (CFPB) Bulletin 2013-02 (Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act), published March 21, 2013.

Amends the Consumer Financial Protection Act of 2010 to direct the CFPB, when proposing and issuing guidance primarily related to indirect auto financing, to:

  • provide for a public notice and comment period before issuing the guidance in final form;
  • make publicly available all information relied on by the CFPB;
  • redact any information exempt from disclosure under the Freedom of Information Act;
  • consult with the Board of Governors of the Federal Reserve System, the Federal Trade Commission, and the Department of Justice; and
  • study the costs and impacts of the guidance to consumers and women-owned, minority-owned, and small businesses.
Reforming CFPB Indirect Auto Financing Guidance Act — Informed