,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #egeh  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,novemb] #bj1 #bjad   
,mr4 ,luetkemey] 7= himself1 ,mr4       
,murphy ( ,florida1 ,mr4 ,ha/+s (       
,florida1 & ,mr4 ,/iv]s7 introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to provide requirem5ts = !     
appropriate ,f$]al bank+ ag5cies :5     
reque/+ or ord]+ a depository in/itution
 to t]m9ate a specific cu/om] acc\nt1 to
 provide = additional requirem5ts relat$
 to subpo5as issu$ "u ! ,f9ancial       
,in/itutions ,re=m1 ,recov]y1 &         
,en=cem5t ,act ( #aihi1 & = o!r         
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,f9ancial ,in/itution      
,cu/om] ,protection ,act ( #bjad4  #b4  
,requirem5ts = deposit acc\nt t]m9ation 
reque/s & ord]s  7a7 ,t]m9ation reque/s 
or ord]s mu/ be mat]ial  7#a7 ,9 g5]al  
,an appropriate ,f$]al bank+ ag5cy may n
 sugge/1 reque/1 or ord] a depository   
in/itution to t]m9ate a specific cu/om] 

acc\nt or to o!rwise re/rict or         
disc\rage a depository in/itution f     
ent]+ into or ma9ta9+ a bank+           
relation%ip ) a specific cu/om] unless--
  7,a7 ! ag5cy has a mat]ial reason =   
su* sugge/ion1 reque/1 or ord]2 &  7,b7 
su* reason is n bas$ solely on          
reputation risk4  7#b7 ,treatm5t (      
national security ?reats ,if an         
appropriate ,f$]al bank+ ag5cy believes 
a specific cu/om] poses a ?reat to      
national security1 includ+ any belief t 
su* cu/om] is involv$ 9 t]rori/ f9anc+1 
su* belief %all satisfy ! mat]iality    
requirem5t "u p>agraph 7#a77;,a74  7#c7 
,rulemak+ ,n lat] ?an ! end ( ! #fj-;day
 p]iod beg9n+ on ! date ( ! enactm5t (  
?is ,act1 ! appropriate ,f$]al bank+    
ag5cies %all1 jo9tly1 issue regulations 
def9+ ! t]m reputation risk = purposes (
 ?is section4  7b7 ,notice requirem5t   
7#a7 ,9 g5]al ,if an appropriate ,f$]al 
bank+ ag5cy sugge/s1 reque/s1 or ord]s a
 depository in/itution to t]m9ate a     
specific cu/om] acc\nt1 ! ag5cy %all--  

7,a7 provide su* sugge/ion1 reque/1 or  
ord] to ! in/itution 9 writ+2 &  7,b7   
accompany su* sugge/ion1 reque/1 or ord]
 ) a ju/ification = :y su* t]m9ation is 
ne$$1 includ+ any specific laws or      
regulations ! ag5cy believes are be+    
violat$ by ! cu/om]1 if any4  7#b7      
,ju/ification requirem5t ,a ju/ification
 describ$ "u p>agraph 7#a77;,b7 may n be
 bas$ solely on ! reputation risk to !  
depository in/itution4  7c7 ,cu/om]     
notice  7#a7 ,notice n requir$ ,no?+ 9  
?is section %all be con/ru$ z requir+ a 
depository in/itution or an appropriate 
,f$]al bank+ ag5cy to in=m a cu/om] ( ! 
ju/ification = ! cu/om]'s acc\nt        
t]m9ation describ$ "u subsection 7b74   
7#b7 ,notice prohibit$ 9 cases (        
national security ,if an appropriate    
,f$]al bank+ ag5cy sugge/s1 reque/s1 or 
ord]s a depository in/itution to t]m9ate
 a specific cu/om] acc\nt bas$ on a     
belief t ! cu/om] poses a ?reat to      
national security1 nei!r ! depository   
in/itution nor ! appropriate ,f$]al     

bank+ ag5cy may in=m ! cu/om] ( !       
ju/ification = ! cu/om]'s acc\nt        
t]m9ation4  7d7 ,report+ requirem5t ,ea*
 appropriate ,f$]al bank+ ag5cy %all    
issue an annual report to ! ,congress   
/at+--  7#a7 ! aggregate numb] (        
specific cu/om] acc\nts t ! ag5cy       
sugge/$1 reque/$1 or ord]$ a depository 
in/itution to t]m9ate dur+ ! previ\s    
ye>2 &  7#b7 ! legal au?ority "u :i* !  
ag5cy made su* sugge/ions1 reque/s1 &   
ord]s4  7e7 ,def9itions ,= purposes (   
?is section3  7#a7 ,appropriate ,f$]al  
bank+ ag5cy ,! t]m appropriate ,f$]al   
bank+ ag5cy means--  7,a7 ! appropriate 
,f$]al bank+ ag5cy1 z def9$ "u section  
#c ( ! ,f$]al ,deposit ,insurance ,act  
7#ab ,u4,s4,c4 #ahac72 &  7,b7 !        
,national ,cr$it ,union ,adm9i/ration1 9
 ! case ( an insur$ cr$it union4  7#b7  
,depository in/itution ,! t]m depository
 in/itution means--  7,a7 a depository  
in/itution1 z def9$ "u section #c ( !   
,f$]al ,deposit ,insurance ,act 7#ab    
,u4,s4,c4 #ahac72 &  7,b7 an insur$     

cr$it union4  #c4 ,am5dm5ts to !        
,f9ancial ,in/itutions ,re=m1 ,recov]y1 
& ,en=cem5t ,act ( #aihi ,section #iea (
 ! ,f9ancial ,in/itutions ,re=m1        
,recov]y1 & ,en=cem5t ,act ( #aihi 7#ab 
,u4,s4,c4 #ahcc;a7 is am5d$--  7#a7 9   
subsection 7c77#b71 by /rik+ affect+ &  
ins]t+ by or aga9/2 &  7#b7 9 subsection
 7g7--  7,a7 9 ! head]1 by /rik+        
subpo5as & ins]t+ inve/igations2 &  7,b7
 by am5d+ p>agraph 7#a77;,c7 to read z  
foll[s3  7,c7 summon witnesses & require
 ! production ( any books1 pap]s1       
correspond5ce1 memor&a1 or o!r records  
:i* ! ,attorney ,g5]al deems relevant or
 mat]ial to ! inquiry1 if ! ,attorney   
,g5]al--  7i7 reque/s a c\rt ord] f a   
c\rt ( compet5t jurisdiction = su*      
actions & (f]s specific & articulable   
facts %[+ t !re are reasonable gr\nds to
 believe t ! in=mation or te/imony s\ght
 is relevant & mat]ial = conduct+ an    
inve/igation "u ?is section2 or  7ii7   
ei!r p]sonally or ?r\gh delegation no   
l[] ?an ! ,deputy ,attorney ,g5]al1     

issues & signs a subpo5a = su* actions &
 has reasonable gr\nds to believe t !   
in=mation or te/imony s\ght is relevant 
= conduct+ an inve/igation "u ?is       
section4  4