To direct the Attorney General to provide State officials with access to criminal history information with respect to certain financial service providers required to undergo State criminal background checks, and for other purposes.

Bill: 113-hr-5320
Sponsor: full_name: Rep. Bachus, Spencer [R-AL-6]
Introduced: 2014-07-31
Policy area: Finance and Financial Sector
Subjects: Banking and financial institutions regulation

Criminal justice information and records

Financial services and investments

Intergovernmental relations

Licensing and registrations

State and local government operations
Latest action: action_date: 2014-09-26
text: Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.

Summaries:
action_date: 2014-07-31
action_desc: Introduced in House
text: <p>Amends the S.A.F.E. Mortgage Licensing Act of 2008 to direct the Attorney General to provide appropriate state officials responsible for regulating financial service providers or related businesses (in addition to state officials responsible for regulating state-licensed loan originators) with access to criminal history information to the extent that criminal history background checks are required under state law for the licensing of such parties.</p>

tv_txt: I 113th CONGRESS 2d Session H. R. 5320 IN THE HOUSE OF REPRESENTATIVES July 31, 2014 Mr. Bachus (for himself, Mr. Sessions , and Ms. Moore ) introduced the following bill; which was referred to the Committee on Financial Services , and in addition to the Committee on the Judiciary , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To direct the Attorney General to provide State officials with access to criminal history information with respect to certain financial service providers required to undergo State criminal background checks, and for other purposes.

1. Background checks Section 1511(a) of the S.A.F.E. Mortgage Licensing Act of 2008 ( 12 U.S.C. 5110(a) ) is amended— (1) by inserting after State-licensed loan originators the following: , other financial service providers, or related businesses ; and (2) by inserting before the period the following: , other financial service providers, or persons working in related businesses .