• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Subchapter S Bank Association

Join Login
  • Twitter
  • Linkedin
  • YouTube
  • About Us
    • Patrick J. Kennedy, Jr.
  • Register Now for the 2021 Conference!
  • Newsletter
  • Events
  • FAQs
  • Membership
  • Contact Us

April 15, 2015

Regulatory Round Up April 2015

The U.S. House of Representatives this week passed five regulatory relief bills that help community banks.

The bills are:
Helping Expand Lending Practices in Rural Communities Act (H.R. 1259)
Reps. Andy Barr (R-KY) and Ruben Hinojosa (D-TX) have reintroduced this legislation that passed the full House in the last Congress. The bill would direct the CFPB to establish an application process under which a person who lives or does business in a state may apply to have an area designated as a rural area if it has not already been designated as such by the Bureau.

Eliminate Privacy Notice Confusion Act (H.R. 601)
This bill by Rep. Blaine Luetkemeyer (R-MO) would eliminate the annual privacy notice disclosure requirement for institutions that haven’t changed their policies.

Bureau Advisory Commission Transparency Act (H.R. 1265)
This bill by Rep. Sean Duffy (R-WI), would increase transparency in CFPB advisory council meetings.

SAFE Act Confidentiality and Privilege Enhancement Act (H.R. 1480)
This bill by Rep. Robert Dold (R-IL) would protect the confidentiality of information banks share with state regulators.

Mortgage Choice Act (H.R. 685)
This bill by Rep. Bill Huizenga (R-MI) would provide needed clarifications on the Qualified Mortgage rule’s points and fees test.

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn
The American Association of Bank Directors logo

Footer

Subchapter S Bank Association

112 East Pecan St., Suite 2810
San Antonio, TX 78205
Phone: 210-228-9500
Fax: 210-228-0781

Share On

Follow On

Proudly sponsored by the
AABD logo
Click here to learn more or to join the AABD
  • About Us
  • Register Now for the 2021 Conference!
  • Newsletter
  • FAQs
  • Join
  • Contact Us
© 2023. Subchapter S Bank Association. All Rights Reserved.