H.R. 4460

119th CONGRESS 1st Session

To require a guidance clarity statement on certain financial agency guidance, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES · July 16, 2025 · Sponsor: Mr. Meuser · Committee: Committee on Financial Services

Table of contents

• H.R. 4460
  • SEC. 1. Short title
  • SEC. 2. Guidance clarity statement required

SEC. 1. Short title

• This Act may be cited as the or the .

SEC. 2. Guidance clarity statement required

• (a) In general
  • The head of each financial agency shall include a guidance clarity statement as described in subsection (b) on any guidance issued by that financial agency on and after the date of the enactment of this Act.
• (b) Guidance clarity statement
  • A guidance clarity statement required under subsection (a) shall be displayed prominently on the first page of the document and shall include the following: . This guidance does not have the force and effect of law and therefore does not establish any rights or obligations for any person and is not binding on the agency or the public. If this guidance suggests how regulated entities may comply with applicable statutes or regulations, noncompliance with this guidance does not conclusively establish a violation of applicable law.
• (c) Definitions
  • In this section:
    • The term financial agency means the following:
    • The term guidance means a financial agency statement of general applicability, intended to have a future effect on the behavior of regulated parties, that sets forth a policy on a statutory, regulatory, or technical issue, or an interpretation of a statute or regulation, but does not include—