H.R. 5062, Examination and Supervisory Privilege Parity Act of 2014

H.R. 5062

Examination and Supervisory Privilege Parity Act of 2014

Sponsor
Rep. Ed Perlmutter

Date
July 29, 2014 (113th Congress, 2nd Session)

Staff Contact
Communications

Floor Situation

On Tuesday, July 29, 2014, the House will consider H.R. 5062, the Examination and Supervisory Privilege Parity Act of 2014, under a suspension of the rules.  H.R. 5062 was introduced on July 10, 2014 by Rep. Ed Perlmutter (D-CO) and referred to the Committee on Financial Services. 

Bill Summary

H.R. 5062 amends the Consumer Financial Protection Act of 2010 to clarify that the sharing of information between federal banking regulators, state banking regulators, and the agencies that license, supervise, or examine business that offer consumer financial products or services would not be construed as waiving, destroying, or otherwise affecting any legal privilege that a person may claim.

Cost

A CBO cost estimate is currently unavailable, but no cost is expected.

Additional Information

For questions or further information contact the GOP Conference at 5-5107.