H.R. 3141

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3141 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3141 To impose limitations on the amount of unobligated balances of the Bureau of Consumer Financial Protection, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 1, 2025 Mr. Downing (for himself, Mr. Meuser, Mr. Ogles, and Mr. Sessions) 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``CFPB Budget Integrity Act''. SEC. 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''. <all>