To provide for an application process for interested parties to apply for an area to be designated as a rural area, and for other purposes.
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Helping Expand Lending Practices in Rural Communities Act
(Sec. 2) Directs the Consumer Financial Protection Bureau (CFPB) to establish an application process under which a person who lives or does business in a state may apply to have an area in the state identified as a rural area if it has not yet been so designated by the CFPB for purposes of federal consumer financial law.
Prescribes criteria for the CFPB to consider when evaluating the application.
Requires the CFPB to: (1) grant or deny the application within 90 days after the public comment period ends; and (2) publish the grant or denial in the Federal Register, including an explanation of the factors upon which the CFPB relied in making its determination.
Sunsets this Act two years after its enactment.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2048-2049)
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 176.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 251.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 56 - 2.
Reported by the Committee on Financial Services. H. Rept. 114-60.
Reported by the Committee on Financial Services. H. Rept. 114-60.
Placed on the Union Calendar, Calendar No. 41.
Mr. Neugebauer moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H2121-2123)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1259.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
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Considered as unfinished business. (consideration: CR H2127)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 401 - 1 (Roll no. 145).(text: CR H2122)
Roll Call #145 (House)On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 401 - 1 (Roll no. 145). (text: CR H2122)
Roll Call #145 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.