H.R. 5521House114th Congress (2015-2017)In Committee

RIGHTS at the CFPB Act of 2016

Introduced June 16, 2016

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HouseIntro Referral Latest Action

Referred to the House Committee on Financial Services.

June 16, 2016

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HouseIntro Referral

Introduced in House

June 16, 2016

HouseIntro Referral

Referred to the House Committee on Financial Services.

June 16, 2016

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Introduced in HouseIssued June 16, 2016

I

114th CONGRESS

2d Session

H. R. 5521

IN THE HOUSE OF REPRESENTATIVES

June 16, 2016

Mr. Messer introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend the Consumer Financial Protection Act of 2010 to authorize private parties to compel the Bureau to seek sanctions by filing civil actions, and for other purposes.

1.

Short title

This Act may be cited as the Reigning In of Governmental Hostility To Sovereignty at the CFPB Act of 2016 or the RIGHTS at the CFPB Act of 2016.

2.

Private parties authorized to compel the Bureau to seek sanctions by filing civil actions; Adjudications deemed actions

Section 1053 of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5563) is amended by adding at the end the following:

(f)

Private parties authorized To compel the Bureau To seek sanctions by filing civil actions

(1)

Termination of administrative proceeding

In the case of any person who is a party to a proceeding brought by the Bureau under this section, to which chapter 5 of title 5, United States Code, applies, and against whom an order imposing a cease and desist order or a penalty may be issued at the conclusion of the proceeding, that person may, not later than 20 days after receiving notice of such proceeding, and at that person’s discretion, require the Bureau to terminate the proceeding.

(2)

Civil action authorized

If a person requires the Bureau to terminate a proceeding pursuant to paragraph (1), the Bureau may bring a civil action against that person for the same remedy that might be imposed.

(g)

Adjudications deemed actions

Any administrative adjudication commenced under this section shall be deemed an action for purposes of section 1054(g).

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