,i #aacth ,,congress #ast ,session ,h4 ,r4 #cchi ,,in ,,the ,,house ,,of ,,representatives ,october #cj1 #bjac ,mrs4 ,capito 7for herself1 ,mr4 ,huizenga of ,michigan1 ,mr4 ,westmoreland1 ,mr4 ,cotton1 ,mr4 ,garrett1 ,mr4 ,campbell1 ,mr4 ,luetkemeyer1 ,mr4 ,duffy1 ,mr4 ,bachus1 ,mr4 ,posey1 and ,mr4 ,pittenger7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to repeal the ,consumer ,financial ,civil ,penalty ,fund and to deposit existing amounts in such ,fund into the ,treasury1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,,cfpb ,slush ,fund ,elimination ,act of #bjac4 #b4 ,repeal of ,fund 7a7 ,in general ,section #ajag of the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #edig7 is amended-- 7#a7 in subsection 7c71 by striking and in the ,civil ,penalty ,fund established under subsection 7d72 and 7#b7 by amending subsection 7d7 to read as follows3 7d7 ,penalty funds deposited into the general fund ,if the ,bureau obtains a civil penalty against any person in any judicial or administrative action under ,federal consumer financial laws1 the ,bureau shall deposit the amount of the penalty collected into the general fund of the ,treasury4 4 7b7 ,funds deposited in ,treasury ,the ,board of ,governors of the ,federal ,reserve ,system shall deposit all amounts in the ,consumer ,financial ,civil ,penalty ,fund into the general fund of the ,treasury4