Legis Daily

TABS Act of 2021

USA117th CongressHR-790| House 
| Updated: 2/4/2021
Andy Barr

Andy Barr

Republican Representative

Kentucky

Cosponsors (28)
Doug LaMalfa (Republican)Michael C. Burgess (Republican)David Kustoff (Republican)Frank D. Lucas (Republican)Jim Hagedorn (Republican)Alexander X. Mooney (Republican)Lee M. Zeldin (Republican)Warren Davidson (Republican)Van Taylor (Republican)Lance Gooden (Republican)William R. Timmons (Republican)Pete Sessions (Republican)J. French Hill (Republican)Barry Loudermilk (Republican)Jody B. Hice (Republican)Ann Wagner (Republican)Roger Williams (Republican)Trey Hollingsworth (Republican)Blaine Luetkemeyer (Republican)Mike Gallagher (Republican)Byron Donalds (Republican)Anthony Gonzalez (Republican)John W. Rose (Republican)Tom Emmer (Republican)Dan Crenshaw (Republican)Ralph Norman (Republican)Ted Budd (Republican)Bryan Steil (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Taking Account of Bureaucrats' Spending Act of 2021 or the TABS Act of 2021 This bill eliminates provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.
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Timeline

Bill from Previous Congress

HR 116-969
TABS Act of 2019
Feb 4, 2021
Introduced in House
Feb 4, 2021
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-969
    TABS Act of 2019


  • February 4, 2021
    Introduced in House


  • February 4, 2021
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • S 117-5280: CFPB Stability Act of 2022
AppropriationsConsumer creditConsumer Financial Protection BureauExecutive agency funding and structureFederal Reserve SystemFinancial services and investments

TABS Act of 2021

USA117th CongressHR-790| House 
| Updated: 2/4/2021
Taking Account of Bureaucrats' Spending Act of 2021 or the TABS Act of 2021 This bill eliminates provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-969
TABS Act of 2019
Feb 4, 2021
Introduced in House
Feb 4, 2021
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-969
    TABS Act of 2019


  • February 4, 2021
    Introduced in House


  • February 4, 2021
    Referred to the House Committee on Financial Services.
Andy Barr

Andy Barr

Republican Representative

Kentucky

Cosponsors (28)
Doug LaMalfa (Republican)Michael C. Burgess (Republican)David Kustoff (Republican)Frank D. Lucas (Republican)Jim Hagedorn (Republican)Alexander X. Mooney (Republican)Lee M. Zeldin (Republican)Warren Davidson (Republican)Van Taylor (Republican)Lance Gooden (Republican)William R. Timmons (Republican)Pete Sessions (Republican)J. French Hill (Republican)Barry Loudermilk (Republican)Jody B. Hice (Republican)Ann Wagner (Republican)Roger Williams (Republican)Trey Hollingsworth (Republican)Blaine Luetkemeyer (Republican)Mike Gallagher (Republican)Byron Donalds (Republican)Anthony Gonzalez (Republican)John W. Rose (Republican)Tom Emmer (Republican)Dan Crenshaw (Republican)Ralph Norman (Republican)Ted Budd (Republican)Bryan Steil (Republican)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 117-5280: CFPB Stability Act of 2022
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AppropriationsConsumer creditConsumer Financial Protection BureauExecutive agency funding and structureFederal Reserve SystemFinancial services and investments