Proposal:TABS Act of 2019

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.

Bill	HR 969
Type of Legislation	House Bill
Congress	116
Source	View original on Congress.gov

Geographic Scope

National

Description

Taking Account of Bureaucrats' Spending Act of 2019 or the TABS Act of 2019

This bill eliminates provisions in the Consumer Financial Protection Act of 2010 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.

Bill Title

TABS Act of 2019

Linked Goals

• Goal:Promote General Welfare

Steps

• 2019-02-05: Referred to the House Committee on Financial Services.
• 2019-02-05: Introduced in House
• 2019-02-05: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.