,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #eahh  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #bd1 #bjad ,mr4 
,c>ney introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to am5d ! ,consum]
 ,f9ancial ,protection ,act ( #bjaj to  
require ! ,bureau ( ,consum] ,f9ancial  
,protection to develop a model =m = a   
disclosure notice t %all be us$ by      
depository in/itutions & cr$it unions1 &
 = o!r purposes4  #a4 ,f9d+s ,congress  
f9ds t3  7#a7 ,depository in/itutions & 
cr$it unions h an obligation to provide 
consum]s ) policy & fee in=mation 9 a   
concise & easy to und]/& =mat4  7#b7    
,because ! l5g? ( disclosure =ms ranges 
f #ba to #aec pages = depository        
in/itutions & #i to #ec pages = cr$it   
unions1 consum]s h a difficult "t       
und]/&+ h[ mu* !y are pay+ = _! *eck+   
acc\nts & o!r f9ancial products4        
,consum]s %\ld be able to comp>e acc\nt 
t]ms & conditions among depository      
in/itutions & cr$it unions4  7#c7 ,a    

simplifi$1 /&>diz$ disclosure =m w\ld   
r$uce consum] confusion & make x easi] =
 in/itutions to compete on price &      
quality ( f9ancial products4  #b4 ,model
 disclosures = depository in/itutions & 
cr$it unions ,section #ajcb ( ! ,consum]
 ,f9ancial ,protection ,act ( #bjaj 7#ab
 ,u4,s4,c4 #eecb7 is am5d$ by add+ at ! 
end ! foll[+ new subsection3  7g7 ,model
 disclosures = depository in/itutions & 
cr$it unions  7#a7 ,9 g5]al ,! ,bureau1 
by rule1 %all develop a model =m = a    
disclosure notice t %all be us$ by      
depository in/itutions & cr$it unions = 
provision ( disclosures to be giv5 to a 
consum] be=e t consum] op5s a *eck+     
acc\nt4  7#b7 ,/akehold] input ,prior to
 issu+ a rule pursuant to p>agraph 7#a71
 ! ,bureau %all solicit input f         
repres5tatives ( depository in/itutions 
& cr$it unions1 non-pr(it consum]       
protection entities1 & organizations t  
repres5t ! int]e/s ( depository         
in/itutions & cr$it unions4  7#c7       
,requirem5ts ,a model =m develop$       

pursuant to p>agraph 7#a7 %all--  7,a7  
comply ) ! =mat requirem5ts ( subsection
 7b77#b72  7,b7 :5 practicable1 be made 
available on ! website ( ! depository   
in/itution or cr$it union2 &  7,c7      
include disclosures relat+ to--  7i7    
op5+ a *eck+ acc\nt & use ( su* acc\nt2 
7ii7 consequ5ces ( ov]draft on su*      
acc\nt1 includ+ any fees relat$ to      
ov]draft2  7iii7 process+ policies ( !  
depository in/itution or cr$it union2 & 
7iv7 proc$ures = resolv+ a dispute      
betwe5 ! consum] & ! depository         
in/itution or cr$it union4  7#d7        
,exemption = c]ta9 banks ,any depository
 in/itution or cr$it union ) total      
assets ( less ?an #b1jjj1jjj1jjj %all be
 exempt f ! requirem5ts ( ?is           
subsection4  4