Consumer Financial Protection Accountability and Reform Act of 2026

(h) Limitation on actions based on unfair, deceptive, or abusive acts or practices

(1) In general. Notwithstanding subsection (g), in any action brought by the Bureau under section 1036(a)(1)(B), or by the attorney general (or the equivalent thereof) or other regulator of a State pursuant to section 1042, alleging an unfair, deceptive, or abusive act or practice, the applicable statute of limitations shall be determined in accordance with this subsection.

(2) Conduct subject to another Federal consumer financial law. If conduct alleged to constitute an unfair, deceptive, or abusive act or practice under this title is the same conduct, or arises from the same set of operative facts, as conduct that would constitute a violation of a Federal consumer financial law that provides for a statute of limitations, such action may not be brought after the expiration of the statute of limitations applicable to such Federal consumer financial law.

(3) Rule of construction. Nothing in this subsection shall be construed to—

(A) preclude the Bureau from bringing an action under section 1036(a)(1)(B), or preclude the attorney general (or the equivalent thereof) or other regulator of a State from brining an action pursuant to section 1042, based on conduct that does not constitute a violation of another Federal consumer financial law; or

(B) alter, extend, or toll any statute of limitations applicable to a violation of any Federal consumer financial law.