H.R. 9877 – CFPB Budget Integrity Act

AI-Generated Summary

Updated January 20, 2026 at 7:35 PM UTC

The CFPB Budget Integrity Act limits how much money the Consumer Financial Protection Bureau can leave unspent each fiscal year. It caps unobligated balances at 5% of a specified budget amount and requires any excess to be sent to the Treasury’s general fund. The bill also expands reporting requirements so the CFPB must describe how any unspent funds are used. This affects the CFPB’s budgeting and financial reporting processes.

Key Provisions

Unobligated balances of the CFPB may not exceed 5% of the amount referenced in the agency’s budget authority provision.
Any amount above that 5% limit must be transferred to the Treasury’s general fund.
The CFPB’s annual report on fund use must now include a description of how any unobligated balances are utilized.

Legislative Activity

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1 earlier action

HouseIntro Referral Latest Action

Referred to the House Committee on Financial Services.

Financial Services Committee

September 27, 2024

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HouseIntro Referral

Introduced in House

September 27, 2024

HouseIntro Referral

Referred to the House Committee on Financial Services.

Financial Services Committee

September 27, 2024

Bill Text

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Introduced in HouseIssued September 27, 2024

I

118th CONGRESS

2d Session

H. R. 9877

IN THE HOUSE OF REPRESENTATIVES

September 27, 2024

Mr. Mooney (for himself, Mr. Barr, Mr. Weber of Texas, Mr. Ogles, Mr. Meuser, Mr. Norman, Mr. Williams of Texas, and Mr. Lopez) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To impose limitations on the amount of unobligated balances of the Bureau of Consumer Financial Protection, and for other purposes.

1.

Short title

This Act may be cited as the CFPB Budget Integrity Act.

2.

Limitation on unobligated balances of the Bureau of Consumer Financial Protection

(a)

In general

Section 1017(a)(2) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497(a)(2)) is amended by adding at the end the following new subparagraph:

(D)

Limitation on unobligated balances

For a fiscal year, the amount of unobligated balances of the Bureau may not exceed 5 percent of the dollar amount referred to in subparagraph (A)(iii). The Director shall transfer any excess amount of such unobligated balances to the general fund of the Treasury.

.

(b)

Report on use of unobligated balances

Section 1017(e)(4) of such Act (12 U.S.C. 5497(e)(4)) is amended by inserting (including a description of the use of any unobligated balances) after funds of the Bureau.