# 115-hr-1264: Community Financial Institution Exemption Act

115-hr-1264, Community Financial Institution Exemption Act, is a 115th Congress bill sponsored by Rep. Williams, Roger [R-TX-25] (R-TX); status Placed on the Union Calendar, Calendar No. 683. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-1264
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-1264
- Congress: 115
- Title: Community Financial Institution Exemption Act
- Status: Placed on the Union Calendar, Calendar No. 683.
- Introduced: 2017-02-28
- Sponsor: Rep. Williams, Roger [R-TX-25] (R-TX)
- Cosponsors: 30
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Community Financial Institution Exemption Act This bill amends the Consumer Financial Protection Act of 2010 to exempt community financial institutions from all rules and regulations issued by the Consumer Financial Protection Bureau (CFPB). A "community financial institution" is an insured depository institution or credit union with less than $50 billion in consolidated assets. Under specified circumstances, and with the written agreement of the Federal Reserve Board and other specified federal banking agencies, the CFPB may revoke such an exemption with respect to a certain rule or regulation and a specific class of institutions.

## Cosponsors (30)

- JOHN CULBERSON (R-TX), 2017-03-28T00:00:00.000Z
- Rep. Babin, Brian [R-TX-36] (R-TX), 2017-03-28T00:00:00.000Z
- Rep. Poe, Ted [R-TX-2] (R-TX), 2017-03-28T00:00:00.000Z
- Rep. Roe, David P. [R-TN-1] (R-TN), 2017-04-06T00:00:00.000Z
- Rep. Grothman, Glenn [R-WI-6] (R-WI), 2017-04-06T00:00:00.000Z
- Rep. Latta, Robert E. [R-OH-5] (R-OH), 2017-04-06T00:00:00.000Z
- LAMAR SMITH (R-TX), 2017-04-06T00:00:00.000Z
- Rep. Marchant, Kenny [R-TX-24] (R-TX), 2017-04-06T00:00:00.000Z
- Rep. Posey, Bill [R-FL-8] (R-FL), 2017-05-16T00:00:00.000Z
- Rep. Mitchell, Paul [R-MI-10] (R-MI), 2017-05-16T00:00:00.000Z
- Rep. Lucas, Frank D. [R-OK-3] (R-OK), 2017-05-16T00:00:00.000Z
- Rep. Young, Don [R-AK-At Large] (R-AK), 2017-05-16T00:00:00.000Z
- Rep. Trott, David A. [R-MI-11] (R-MI), 2017-05-16T00:00:00.000Z
- Rep. Bergman, Jack [R-MI-1] (R-MI), 2017-06-21T00:00:00.000Z
- Rep. Hurd, Will [R-TX-23] (R-TX), 2017-06-29T00:00:00.000Z
- Rep. Walberg, Tim [R-MI-5] (R-MI), 2017-06-29T00:00:00.000Z
- Rep. Brady, Kevin [R-TX-8] (R-TX), 2017-07-12T00:00:00.000Z
- Rep. Pittenger, Robert [R-NC-9] (R-NC), 2017-07-12T00:00:00.000Z
- Rep. Carter, John R. [R-TX-31] (R-TX), 2017-07-12T00:00:00.000Z
- Rep. Tipton, Scott R. [R-CO-3] (R-CO), 2017-07-12T00:00:00.000Z
- JOE BARTON (R-TX), 2017-07-19T00:00:00.000Z
- Rep. Pearce, Stevan [R-NM-2] (R-NM), 2017-07-19T00:00:00.000Z
- Rep. Ross, Dennis A. [R-FL-15] (R-FL), 2017-07-19T00:00:00.000Z
- Rep. Olson, Pete [R-TX-22] (R-TX), 2017-07-19T00:00:00.000Z
- Rep. Ratcliffe, John [R-TX-4] (R-TX), 2017-07-25T00:00:00.000Z
- Rep. Upton, Fred [R-MI-6] (R-MI), 2017-07-27T00:00:00.000Z
- Rep. Bishop, Mike [R-MI-8] (R-MI), 2017-07-27T00:00:00.000Z
- Rep. Moolenaar, John R. [R-MI-2] (R-MI), 2017-11-02T00:00:00.000Z
- Rep. Sessions, Pete [R-TX-17] (R-TX), 2017-11-09T00:00:00.000Z
- Rep. Granger, Kay [R-TX-12] (R-TX), 2018-07-10T00:00:00.000Z

## Related bills

- 115-hr-5499: Stephen Michael Gleason Congressional Gold Medal Act
- 115-hr-849: Protecting Seniors Access to Medicare Act
- 115-hr-184: Protect Medical Innovation Act of 2018
- 115-hr-1697: Israel Anti-Boycott Act
- 115-hr-38: Concealed Carry Reciprocity Act of 2017
- 115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018

## Sources
- [115-hr-1264 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/1264)

## Related
- [115-hr-5499: Stephen Michael Gleason Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-5499)
- [115-hr-849: Protecting Seniors Access to Medicare Act](https://policyrisk.com/legislation/115-hr-849)
- [115-hr-184: Protect Medical Innovation Act of 2018](https://policyrisk.com/legislation/115-hr-184)
- [115-hr-1697: Israel Anti-Boycott Act](https://policyrisk.com/legislation/115-hr-1697)
- [115-hr-38: Concealed Carry Reciprocity Act of 2017](https://policyrisk.com/legislation/115-hr-38)
- [115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018](https://policyrisk.com/legislation/115-hr-5141)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-1264 (as of 2025-11-18).