,i  #aacth ,,congress  #b;d ,session    
,h4 ,r4 #dchc  ,,in ,,the ,,house ,,of  
,,representatives  ,april #c1 #bjad ,mr4
 ,pittenger 7for himself and ,mr4 ,heck 
of ,washington7 introduced the following
 bill2 which was referred to the        
,committee on ,financial ,services  ,a  
,,bill  ,to amend the ,consumer         
,financial ,protection ,act of #bjaj to 
establish a ,small ,business ,advisory  
,board1 and for other purposes4  #a4    
,short title ,this ,act may be cited as 
the ,bureau of ,consumer ,financial     
,protection ,small ,business ,advisory  
,board ,act4  #b4 ,establishment of a   
,small ,business ,advisory ,board within
 the ,bureau of ,consumer ,financial    
,protection  7a7 ,in general ,the       
,consumer ,financial ,protection ,act of
 #bjaj is amended by inserting after    
section #ajad 7#ab ,u4,s4,c4 #edid7 the 
following new section3  #ajad;,a4 ,small
 ,business ,advisory ,board  7a7        
,establishment ,the ,director shall     
establish a ,small ,business ,advisory  

,board--  7#a7 to advise and consult    
with the ,bureau in the exercise of the 
,bureau's functions under the ,federal  
consumer financial laws applicable to   
eligible financial products or services2
 and  7#b7 to provide information on    
emerging practices of small business    
concerns that provide eligible financial
 products or services1 including        
regional trends1 concerns1 and other    
relevant information4  7b7 ,membership  
7#a7 ,number ,the ,director shall       
appoint no fewer than #ab members to the
 ,small ,business ,advisory ,board4     
7#b7 ,qualification ,members appointed  
pursuant to paragraph 7#a7 shall be     
representatives of small business       
concerns that provide eligible financial
 products or services4  7c7 ,meetings   
,the ,small ,business ,advisory ,board--
  7#a7 shall meet from time to time at  
the call of the ,director2 and  7#b7    
shall meet at least twice each year4    
7d7 ,compensation and travel expenses   
,members of the ,small ,business        

,advisory ,board who are not full-time  
employees of the ,united ,states shall--
  7#a7 be entitled to receive           
compensation at a rate fixed by the     
,director while attending meetings of   
the ,small ,business ,advisory ,board1  
including travel time2 and  7#b7 be     
allowed travel expenses1 including      
transportation and subsistence1 while   
away from their homes or regular places 
of business4  7e7 ,definitions ,in this 
section--  7#a7 the term eligible       
financial product or service means a    
financial product or service that is    
offered or provided for use by consumers
 primarily for personal1 family1 or     
household purposes as described in      
clause 7i71 7iii71 7v71 7vi71 or 7ix7 of
 section #ajjb7ae77;,a72 and  7#b7 the  
term small business concern has the     
meaning given such term in section #c of
 the ,small ,business ,act 7#ae         
,u4,s4,c4 #fcb74  4  7b7 ,table of      
contents amendment ,the table of        
contents of the ,dodd-,frank ,wall      

,street ,reform and ,consumer           
,protection ,act 7#ab ,u4,s4,c4 #ecja et
 seq47 is amended by inserting after the
 item related to section #ajad the      
following new item3  ,sec4#ajad;,a4     
,small ,business ,advisory ,board4  4