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Civil Investigative Demand Reform Act of 2024
11/16/2024, 9:05 AM
Summary of Bill HR 10036
Bill 118 hr 10036, also known as the Civil Investigative Demand Reform Act of 2024, aims to make changes to the process of civil investigative demands (CIDs) issued by government agencies during investigations.
The bill seeks to increase transparency and accountability in the CID process by requiring agencies to provide more detailed information to individuals or entities being investigated. This includes specifying the nature of the conduct being investigated, the applicable laws or regulations, and the reasons for issuing the CID.
Additionally, the bill aims to protect the rights of individuals or entities subject to CIDs by allowing them to challenge the demands in court before being forced to comply. This would help prevent potential abuses of power by government agencies during investigations. Overall, the Civil Investigative Demand Reform Act of 2024 seeks to strike a balance between the need for effective investigations and the protection of individual rights. It is intended to ensure that CIDs are issued fairly and transparently, while also providing avenues for recourse for those being investigated.
The bill seeks to increase transparency and accountability in the CID process by requiring agencies to provide more detailed information to individuals or entities being investigated. This includes specifying the nature of the conduct being investigated, the applicable laws or regulations, and the reasons for issuing the CID.
Additionally, the bill aims to protect the rights of individuals or entities subject to CIDs by allowing them to challenge the demands in court before being forced to comply. This would help prevent potential abuses of power by government agencies during investigations. Overall, the Civil Investigative Demand Reform Act of 2024 seeks to strike a balance between the need for effective investigations and the protection of individual rights. It is intended to ensure that CIDs are issued fairly and transparently, while also providing avenues for recourse for those being investigated.
Read the Full Bill
Current Status of Bill HR 10036
Bill HR 10036 is currently in the status of Bill Introduced since October 25, 2024. Bill HR 10036 was introduced during Congress 118 and was introduced to the House on October 25, 2024. Bill HR 10036's most recent activity was Referred to the House Committee on Financial Services. as of October 25, 2024
Bipartisan Support of Bill HR 10036
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
7Democrat Cosponsors
5Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 10036
Primary Policy Focus
Alternate Title(s) of Bill HR 10036
To reform the civil investigative demand process of the Bureau of Consumer Financial Protection.
To reform the civil investigative demand process of the Bureau of Consumer Financial Protection.
Comments

Blaze Coates
947
1 year ago
I can't wait for this new bill to pass! It's going to make a big difference in how things are done. I'm excited to see the long term effects of it.

Izaiah Wood
829
1 year ago
This bill sounds confusing. What's the point of it?
Sponsors and Cosponsors of HR 10036
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