H.R. 5403: Reforming CFPB Indirect Auto Financing Guidance Act

113th Congress · introduced 2014-09-08 · Finance and Financial Sector · Latest: Referred to the House Committee on Financial Services.

federal

Follow this bill, step by step

Where it came from: introduced 2014-09-08 · official record
Who proposed it: Rep. Stutzman, Marlin A. [R-IN-3] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Financial Services. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Reforming CFPB Indirect Auto Financing Guidance Act

Plain summary

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 (FTC), and the Department of Justice (DOJ); and study the costs and impacts of the guidance to consumers and women-owned, minority-owned, and small businesses.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Reforming CFPB Indirect Auto Financing Guidance Act

Source: Congressional Research Service summary (Introduced in House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Stutzman, Marlin A. [R-IN-3] · 149 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Andy Barr (R-KY), Brad Sherman (D-CA), Gary C. Peters (D-MI), Roger Williams (R-TX), Jim Costa (D-CA), Joyce Beatty (D-OH), Henry Cuellar (D-TX), Cynthia M. Lummis (R-WY), Mike Kelly (R-PA), Stephen F. Lynch (D-MA), David P. Joyce (R-OH), Scott DesJarlais (R-TN), Todd Young (R-IN), Steven Horsford (D-NV), Mike Quigley (D-IL), Sanford D. Bishop, Jr. (D-GA), Joe Courtney (D-CT), Shelley Moore Capito (R-WV) and 89 more.

Sponsor's campaign money: Rep. Stutzman, Marlin A. [R-IN-3] reported raising $967,095 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Exemption: A rule that removes certain people, property or activities from a tax or requirement.
Public comment: A chance for anyone to tell a government agency what they think about a proposed rule or plan before it is final. Agencies must consider the comments they receive.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-113hr5403.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/113/hr>

Record fed-us-cong113-hr5403 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113