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S. 4522

Referred to Committee

Transparency in CFPB Cost-Benefit Analysis Act

Introduced 7/13/2022•117th Congress•Senate

Latest Action

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

7/13/2022 • Senate

Summary

Transparency in CFPB Cost-Benefit Analysis Act

This bill sets forth information required to be included in a rulemaking made by the Consumer Financial Protection Bureau (CFPB). Specifically, the CFPB must publish a justification of the proposed rulemaking; a quantitative and qualitative assessment of all anticipated direct and indirect costs and benefits; alternatives to the proposed rulemaking; impacts on small businesses; and any assumptions, data, or studies used in preparing this information.

Introduced in Senate • 7/13/2022

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Topics & Subjects

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Related Federal Spending

Sponsor & Cosponsors (4)

Party Breakdown

0
Democrats
4
Republicans
0
Independents

Sponsor

S[
Sen. Kennedy, John [R-LA]

Republican • LA

Sponsored 7/13/2022

Cosponsors (3)

S[
Sen. Lummis, Cynthia M. [R-WY]

R-WY

Joined 7/13/2022

S[
Sen. Scott, Tim [R-SC]

R-SC

Joined 7/13/2022

S[
Sen. Hagerty, Bill [R-TN]

R-TN

Joined 7/13/2022

Bill Journey

Originated in the Senate

Introduced

July 13, 2022

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

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate7/13/2022

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors3