HR 9877 United States House · 118th Congress

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
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Total actions
2
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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

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