S Amdt 4034 - Federal Preemption Over State Consumer Financial Laws - National Key Vote
Richard Burr voted Yea (Amendment Vote) on this Amendment.
Read statements Richard Burr made in this general time period.
Timeline
- Senate Amendment Rejected
- May 18, 2010
- Introduced
- May 18, 2010
Related Legislation
- S Amdt 3826 - Consumer Financial Protection Division Within The FDIC
- S Amdt 3839 - Termination of Fannie Mae and Freddie Mac Conservatorships
- S Amdt 3938 - Study on Ending the Conservatorships of Fannie Mae and Freddie Mac
- S Amdt 3760 - Federal Reserve Audit
- S Amdt 3816 - Derivatives Regulation Modifications
- S Amdt 3962 - Home Loan Regulation Modifications
- S Amdt 3955 - Establishing New Mortgage Underwriting Requirements and Eliminating a Risk Retention Requirement
- S Amdt 3991 - Credit Rating Agency Board
- S Amdt 3832 - Establishing Bankruptcy Process for Non-bank Financial Institutions
- S Amdt 3989 - Debit Card Fee Regulations
- S Amdt 3987 - Bureau of Consumer Financial Protection Termination
- S Amdt 4051 - Prohibiting Funding of State and Local Governments to Prevent Defaulting on Debt
- S Amdt 4071 - Amending State Authority to Enforce Consumer Financial Regulations
- S Amdt 4114 - Credit Default Swap Regulations
- S Amdt 4072 - Inspector General Appointment Modification
- S Amdt 3746 - Allowing States to Limit Credit Card Interest Rates
Related Issues
Stage Details
Title: Federal Preemption Over State Consumer Financial Laws
Vote Smart's Synopsis:
Vote to adopt an amendment to S Amdt 3739 to S 3217 that specifies that the powers granted by this Act to state attorney generals in preserving and enforcing state consumer financial laws (Sec. 1042) do not apply to any national bank, or subsidiary thereof, regulated by the Office of the Comptroller of the Currency.
Highlights:
- Repeals a requirement that the courts or the Comptroller of the Currency, before prescribing a regulation or order that federal law preempts a state consumer financial law, consult with the Director of the Bureau of Consumer Financial Protection and determine that federal law provides a "substantial standard" which regulates the particular conduct, activity, or authority of a national bank that is subject to state consumer financial law (Sec. 1044).
Title: Federal Preemption Over State Consumer Financial Laws