Examination and Supervisory Privilege Parity Act of 2014 became law 78 days after introduction, with cosponsors from both parties
Written by the Congressional Research Service [2]. 140 words.
(This measure has not been amended since it was passed by the House on July 29, 2014. The summary of that version is repeated here.) Examination and Supervisory Privilege Parity Act of 2014 - Amends the Consumer Financial Protection Act of 2010, with respect to the supervision of nondepository covered persons, to include state agencies that licence, supervise, or examine the offering of consumer financial products or services among the regulatory agencies with which the Consumer Financial Protection Bureau (CFPB) is required to coordinate its supervisory activities. Declares that the sharing of information with such regulators, authorities, and agencies shall not be construed as waiving, destroying, or otherwise affecting any privilege or confidentiality claimed by nondepository covered persons under federal or state law regarding such information as to any person or entity other than the CFPB, agency, supervisor, or authority.
- Committees
- House Financial Services Committee
Senate Banking, Housing, and Urban Affairs Committee - Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 1 of 57 bills enacted since 2013
- Text versions
- 5, from enrolled bill to public law · 372 words
- Subjects
- Banking and financial institutions regulationBusiness recordsConsumer Financial Protection BureauFinancial services and investmentsGovernment information and archivesIntergovernmental relations +1 more
- Latest action
- Sep 26, 2014: Became Public Law No: 113-173.
- Records
- Congress.gov · Bill text
The bill status record lists no related bills.