(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
SAFE Act Confidentiality and Privilege Enhancement Act - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to extend to state and federal regulatory officials having financial services oversight authority (currently only those having mortgage oversight authority) access to any information provided to the Nationwide Mortgage Licensing System and Registry (or any system established by the Director of the Consumer Financial Protection Bureau [CFPB]) without the loss of privilege or confidentiality protections provided by federal and state laws.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4626 Introduced in House (IH)]
113th CONGRESS
2d Session
H. R. 4626
To ensure access to certain information for financial services industry
regulators, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
May 9, 2014
Mrs. Capito introduced the following bill; which was referred to the
Committee on Financial Services
_______________________________________________________________________
A BILL
To ensure access to certain information for financial services industry
regulators, 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 ``SAFE Act Confidentiality and
Privilege Enhancement Act''.
SEC. 2. CONFIDENTIALITY OF INFORMATION SHARED BETWEEN STATE AND FEDERAL
FINANCIAL SERVICES REGULATORS.
Section 1512(a) of the S.A.F.E. Mortgage Licensing Act of 2008 (12
U.S.C. 5111(a)) is amended by inserting ``or financial services''
before ``industry''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Mrs. Capito moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H6997-6998)
DEBATE - The House proceeded with forty minutes of debate on H.R. 4626.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6997)
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6997)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 500.
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