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S. 1499: Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2017

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S. 1499: Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2017

115th Congress · introduced 2017-06-29 · Finance and Financial Sector · Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2017-06-29 · official record
  2. Who proposed it: Sen. Toomey, Patrick [R-PA] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
  5. 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

Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2017

Plain summary

Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2017 This bill amends the Consumer Financial Protection Act of 2010 to raise the examination threshold that brings an insured depository institution or insured credit union within its supervisory purview from assets of $10 billion or more to assets of $50 billion or more. The bill increases from assets of $10 billion or less to assets of $50 billion or less the size of an insured depository institution or insured credit union that is subject to the Act's reporting requirements.

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

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

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

What does this mean? (plain words)

Official text

Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2017

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

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Alternatives

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

Officials and money

Sponsor: Sen. Toomey, Patrick [R-PA] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Agencies named in this bill

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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 (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong115-s1499 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115