Interagency Pandemic Guidance for Consumers Act This bill directs financial regulators to issue interagency guidance regarding consumer debt relief options (e.g., deferment, forbearance, and affordable payment plans) in the event of a major disaster or pandemic. Financial regulators must also test financial institutions' response to a pandemic or major disaster every five years and report the results to Congress.
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Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Banking and financial institutions regulationCongressional oversightConsumer creditConsumer Financial Protection BureauDebt collectionDepartment of AgricultureDepartment of Housing and Urban DevelopmentDisaster relief and insuranceEmergency medical services and trauma careFederal Deposit Insurance Corporation (FDIC)Federal Housing Finance AgencyFederal Reserve SystemFinancial crises and stabilizationGovernment information and archivesInfectious and parasitic diseasesNational Credit Union AdministrationWages and earnings
Interagency Pandemic Guidance for Consumers Act
USA116th CongressHR-6378| House
| Updated: 3/23/2020
Interagency Pandemic Guidance for Consumers Act This bill directs financial regulators to issue interagency guidance regarding consumer debt relief options (e.g., deferment, forbearance, and affordable payment plans) in the event of a major disaster or pandemic. Financial regulators must also test financial institutions' response to a pandemic or major disaster every five years and report the results to Congress.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Banking and financial institutions regulationCongressional oversightConsumer creditConsumer Financial Protection BureauDebt collectionDepartment of AgricultureDepartment of Housing and Urban DevelopmentDisaster relief and insuranceEmergency medical services and trauma careFederal Deposit Insurance Corporation (FDIC)Federal Housing Finance AgencyFederal Reserve SystemFinancial crises and stabilizationGovernment information and archivesInfectious and parasitic diseasesNational Credit Union AdministrationWages and earnings