CFPB Budget Integrity Act
This bill limits the Consumer Financial Protection Bureau's (CFPB) unused budget funds to 5% of its annual budget each fiscal year. Any excess funds above this 5% cap must be transferred to the U.S. Treasury. The CFPB must also report on how it uses any remaining unobligated balances, increasing transparency around its spending. The bill directly affects the CFPB's budget management practices.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2024
Committee Review
Floor Vote
President
Introduced Sep 27, 2024
Last action Sep 27, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Sep 27, 2024
Committee
Referred to the House Committee on Financial Services.
lower
Sep 27, 2024
Introduced
Introduced in House
lower
1 primary · 7 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 9877
Scope: US
Hi! I can help you understand HR 9877. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline