,,ii  #aacth ,,congress  #ast ,session  
,s4 #gaj  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,april #aa1 #bjac   
,mr4 ,warner 7for himself1 ,mr4 ,toomey1
 ,mr4 ,carper1 ,mr4 ,moran1 and ,mr4    
,johanns7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs  ,a ,,bill  ,to     
provide for exemptions from municipal   
advisor registration requirements4  #a4 
,short title ,this ,act may be cited as 
the ,municipal ,advisors ,relief ,act of
 #bjac4  #b4 ,bank exemption from       
municipal advisor registration ,section 
#ae;,b7e77#d7 of the ,securities        
,exchange ,act of #aicd 7#ae ,u4,s4,c4  
#gho-#d7;e77#d77 is amended--  7#a7 in  
subparagraph 7,a71 by striking entity7  
and inserting entity1 or a person       
appointed to or volunteering on a board1
 commission1 committee1 or similar      
function of a municipal entity72 and    
7#b7 in subparagraph 7,c71 by inserting 
after include the following3 a bank 7as 

defined in section 7#c77;a77#f77 or an  
agency or branch of a foreign bank 7as  
defined in paragraphs 7#a7 and 7#c71    
respectively1 of section #a7;b7 of the  
,international ,banking ,act of #aigh   
7#ab ,u4,s4,c4 #caja7714