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H.R.5403 / 113th Congress

Reforming CFPB Indirect Auto Financing Guidance Act

Referred to the House Committee on Financial Services.

Official summary

Version 00 · Introduced in House · Sep 8, 2014

Reforming CFPB Indirect Auto Financing Guidance Act - Declares without force or effect Consumer Financial Protection Bureau (CFPB) Bulletin 2013-02 (Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act), published March 21, 2013.

Amends the Consumer Financial Protection Act of 2010 to direct the CFPB, when proposing and issuing guidance primarily related to indirect auto financing, to:

provide for a public notice and comment period before issuing the guidance in final form;

make publicly available all information relied on by the CFPB;

redact any information exempt from disclosure under the Freedom of Information Act;

consult with the Board of Governors of the Federal Reserve System, the Federal Trade Commission (FTC), and the Department of Justice (DOJ); and study the costs and impacts of the guidance to consumers and women-owned, minority-owned, and small businesses.

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Who introduced it

Rep. Stutzman, Marlin A. [R-IN-3] · R–IN

Committees

  • Financial Services Committee
149 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the House Committee on Financial Services.

  2. Introduced in House

  3. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Aug 12, 2025. Consult Congress.gov for the current record.

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