S.1916 - HELP Rural Communities Act of 2014113th Congress (2013-2014)
|Sponsor:||Sen. McConnell, Mitch [R-KY] (Introduced 01/14/2014)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||09/16/2014 Committee on Banking, Housing, and Urban Affairs. Hearings held. (All Actions)|
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Subject — Policy Area:
- Finance and Financial Sector
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Summary: S.1916 — 113th Congress (2013-2014)All Bill Information (Except Text)
Introduced in Senate (01/14/2014)
Helping Expand Lending Practices in Rural Communities Act of 2014 or the HELP Rural Communities Act of 2014 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to direct the Consumer Financial Protection Bureau (CFPB) to establish an application process under which a person who lives or does business in a state may apply to have a county designated as a rural area for purposes of a federal consumer financial law.
Prescribes criteria for the CFPB to consider when evaluating such an application.
Requires the CFPB to enter each such application into a sortable, downloadable database publicly accessible through its website.