,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #diej  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #ad1 #bjaf ,mr4
 ,quigley 7= himself & ,mr4 ,pitt5g]7   
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to e/abli% advisory committees 
)9 ! ,dep>tm5t ( ! ,treasury1 & = o!r   
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,small ,f9ancial           
,in/itution ,advisory ,committees ,act (
 #bjaf4  #b4 ,community ,bank ,advisory 
,committee  7a7 ,def9itions ,= purposes 
( ?is section3  7#a7 ,community bank ,! 
t]m community bank means a depository   
in/itution ) total assets (             
#aj1jjj1jjj1jjj or less4  7#b7          
,depository in/itution ,! t]m depository
 in/itution has ! mean+ giv5 t t]m "u   
section #c ( ! ,f$]al ,deposit          
,insurance ,act 7#ab ,u4,s4,c4 #ahac74  
7#c7 ,secret>y ,! t]m ,secret>y means ! 
,secret>y ( ! ,treasury4  7b7           
,e/abli%m5t & functions  7#a7           
,e/abli%m5t ,!re is e/abli%$ )9 !       

,dep>tm5t ( ! ,treasury 7h]eaft] 9 ?is  
section ref]r$ to z ! ,dep>tm5t7 !      
,community ,bank ,advisory ,committee   
7h]eaft] 9 ?is section ref]r$ to z !    
,committee74  7#b7 ,functions ,!        
,committee %all provide ! ,dep>tm5t )   
advice on ! ,dep>tm5t's ef=ts reg>d+    
f9ancial in/itutions legislation &      
regulation1 legislation affect+ ,f$]al  
dep>tm5ts & ag5cies t regulate or insure
 f9ancial in/itutions1 & securities     
m>kets legislation & regulation1 z su*  
ef=ts relate to community banks4  7c7   
,memb]%ip  7#a7 ,memb] appo9tm5t ,n lat]
 ?an #ab mon?s aft] ! date ( ! enactm5t 
( ?is ,act1 ! ,secret>y %all appo9t n   
few] ?an #ae1 & n m ?an #bj1 memb]s to !
 ,committee4 ,9 appo9t+ su* memb]s1 !   
,secret>y %all--  7,a7 include memb]s   
repres5t+ community banks t are n       
affiliates ( depository in/itutions )   
total assets ( m ?an #aj1jjj1jjj1jjj2   
7,b7 include memb]s repres5t+ community 
banks ( diff]5t *>t] types1 asset sizes1
 geographic areas1 & own]%ip types2     

7,c7 give /rong consid]ation to memb]s  
repres5t+ community banks pr$om9antly   
s]v+ traditionally rural & und]s]v$     
communities & populations & _! int]e/s2 
&  7,d7 make su* appo9tm5ts )\t reg>d to
 p>ty affiliation4  7#b7 ,t]m ,ea* memb]
 ( ! ,committee %all s]ve = a t]m ( #b  
ye>s1 :i* is n eligible = r5ewal4  7#c7 
,memb]s n ,dep>tm5t employees ,memb]s ( 
! ,committee %all n be treat$ z         
employees or ag5ts ( ! ,dep>tm5t solely 
because ( memb]%ip on ! ,committee4     
7#d7 ,resignation ,any memb] may resign 
at any "t by giv+ notice to ! ,dep>tm5t4
 ,! ,secret>y %all appo9t p]sons to fill
 vacancies on ! ,committee z ! vacancies
 occur4  7d7 ,*airman2 vice *airman2    
secret>y2 assi/ant secret>y  7#a7 ,9    
g5]al ,! memb]s ( ! ,committee %all     
elect1 f among ! memb]s ( ! ,committee--
 7,a7 a *airman2  7,b7 a vice *airman2  
7,c7 a secret>y2 &  7,d7 an assi/ant    
secret>y4  7#b7 ,t]m ,ea* memb] elect$  
"u p>agraph 7#a7 %all s]ve = a t]m ( #b 
ye>s 9 ! capacity = :i* ! memb] 0 elect$

 "u p>agraph 7#a74  7e7 ,meet+s  7#a7   
,frequ5cy ( meet+s ,! ,committee %all   
meet-- 7,a7 n less frequ5tly ?an #d     
times annually1 at ! call ( ! *airman ( 
! ,committee2 &  7,b7 f "t to "t1 at !  
call ( ! ,dep>tm5t4  7#b7 ,notice ,!    
*airman ( ! ,committee %all give !      
memb]s ( ! ,committee writt5 notice (   
ea* meet+1 n lat] ?an #d weeks be=e !   
date ( ! meet+4  7#c7 ,location ,at lea/
 #b ( ! meet+s ea* ye> %all take place 9
 p]son at ! ,dep>tm5t's headqu>t]s 9 !  
,di/rict ( ,columbia4 ,p>ticipants %\ld 
make e ef=t )9 reason to att5d ^! meet+s
 9 p]son4  7#d7 ,ag5da ,ea* meet+ %all  
be conduct$ 9 accordance ) an ag5da     
=mulat$ by ! *airman ( ! ,committee1 )  
input f o!r ,committee memb]s4  7#e7    
,dep>tm5t repres5tation ,ea* meet+ ( !  
,committee %all be att5d$ by ! ,secret>y
 or ! ,secret>y's designee4  7f7        
,comp5sation & travel exp5ses ,ea* memb]
 ( ! ,committee :o is n a full-"t       
employee ( ! ,unit$ ,/ates %all--  7#a7 
be entitl$ to receive comp5sation at a  

rate n to exce$ ! daily equival5t ( !   
annual rate ( basic pay 9 effect = a    
position at level ,v ( ! ,executive     
,s*$ule "u section #ecaf ( title #e1    
,unit$ ,/ates ,code1 = ea* day dur+ :i* 
! memb] is engag$ 9 ! actual p]=mance ( 
! duties ( ! ,committee2 &  7#b7 :ile   
away f ! home or regul> place ( bus9ess 
( ! memb] 9 ! p]=mance ( s]vices = !    
,committee1 be all[$ travel exp5ses1    
includ+ p] diem 9 lieu ( subsi/5ce1 9 ! 
same mann] z p]sons employ$ int]mitt5tly
 9 ! ,gov]nm5t s]vice are all[$ exp5ses 
"u section #egjc ( title #e1 ,unit$     
,/ates ,code4  7g7 ,/aff ,! ,dep>tm5t   
%all make available to ! ,committee su* 
/aff z ! *airman ( ! ,committee det]m9es
 are necess>y to c>ry out ! functions ( 
! ,committee4  7h7 ,review by ,dep>tm5t 
,! ,dep>tm5t %all-- 7#a7 review ! f9d+s 
& recomm5dations ( ! ,committee2 &  7#b7
 ea* "t ! ,committee submits a f9d+ or  
recomm5dation to ! ,dep>tm5t1 promptly1 
b no m ?an #fj days aft] submission1    
issue a public /atem5t1 a copy ( :i*    

%all be deliv]$ to ,committee memb]s--  
7,a7 assess+ ! f9d+ or recomm5dation ( !
 ,committee2 &  7,b7 disclos+ ! action1 
if any1 ! ,dep>tm5t int5ds to take )    
respect to ! f9d+ or recomm5dation4  #c4
 ,cr$it ,union ,advisory ,committee  7a7
 ,def9itions ,= purposes ( ?is section3 
7#a7 ,cr$it union ,! t]m cr$it union    
means a ,f$]al cr$it union or a ,/ate   
cr$it union1 z su* t]ms are def9$1      
respectively1 "u section #aja ( ! ,f$]al
 ,cr$it ,union ,act 7#ab ,u4,s4,c4      
#ageb74  7#b7 ,secret>y ,! t]m ,secret>y
 means ! ,secret>y ( ! ,treasury4  7b7  
,e/abli%m5t & functions  7#a7           
,e/abli%m5t ,!re is e/abli%$ )9 !       
,dep>tm5t ( ! ,treasury 7h]eaft] 9 ?is  
section ref]r$ to z ! ,dep>tm5t7 !      
,cr$it ,union ,advisory ,committee      
7h]eaft] 9 ?is section ref]r$ to z !    
,committee74  7#b7 ,functions ,!        
,committee %all provide ! ,dep>tm5t )   
advice on ! ,dep>tm5t's ef=ts reg>d+    
f9ancial in/itutions legislation &      
regulation1 legislation affect+ ,f$]al  

dep>tm5ts & ag5cies t regulate or insure
 f9ancial in/itutions1 & securities     
m>kets legislation & regulation1 z su*  
ef=ts relate to cr$it unions4  7c7      
,memb]%ip  7#a7 ,memb] appo9tm5t ,n lat]
 ?an #ab mon?s aft] ! date ( ! enactm5t 
( ?is ,act1 ! ,secret>y %all appo9t n   
few] ?an #ae1 & n m ?an #bj1 memb]s to !
 ,committee4 ,9 appo9t+ su* memb]s1 !   
,secret>y %all--  7,a7 include memb]s   
repres5t+ cr$it unions ) total assets ( 
#aj1jjj1jjj1jjj or less2  7,b7 include  
memb]s repres5t+ cr$it unions t are n   
affiliates ( cr$it unions ) total assets
 ( m ?an #aj1jjj1jjj1jjj2  7,c7 include 
memb]s repres5t+ cr$it unions ( diff]5t 
*>t] types1 asset sizes1 geographic     
areas1 & own]%ip types2  7,d7 give /rong
 consid]ation to memb]s repres5t+ cr$it 
unions pr$om9antly s]v+ traditionally   
rural & und]s]v$ communities &          
populations & _! int]e/s2 &  7,e7 make  
su* appo9tm5ts )\t reg>d to p>ty        
affiliation4  7#b7 ,t]m ,ea* memb] ( !  
,committee %all s]ve = a t]m ( #b ye>s1 

:i* is n eligible = r5ewal4  7#c7       
,memb]s n ,dep>tm5t employees ,memb]s ( 
! ,committee %all n be treat$ z         
employees or ag5ts ( ! ,dep>tm5t solely 
because ( memb]%ip on ! ,committee4     
7#d7 ,resignation ,any memb] may resign 
at any "t by giv+ notice to ! ,dep>tm5t4
 ,! ,secret>y %all appo9t p]sons to fill
 vacancies on ! ,committee z ! vacancies
 occur4  7d7 ,*airman2 vice *airman2    
secret>y2 assi/ant secret>y  7#a7 ,9    
g5]al ,! memb]s ( ! ,committee %all     
elect1 f among ! memb]s ( ! ,committee--
 7,a7 a *airman2  7,b7 a vice *airman2  
7,c7 a secret>y2 &  7,d7 an assi/ant    
secret>y4  7#b7 ,t]m ,ea* memb] elect$  
"u p>agraph 7#a7 %all s]ve = a t]m ( #b 
ye>s 9 ! capacity = :i* ! memb] 0 elect$
 "u p>agraph 7#a74  7e7 ,meet+s  7#a7   
,frequ5cy ( meet+s ,! ,committee %all   
meet-- 7,a7 n less frequ5tly ?an #d     
times annually1 at ! call ( ! *airman ( 
! ,committee2 &  7,b7 f "t to "t1 at !  
call ( ! ,dep>tm5t4  7#b7 ,notice ,!    
*airman ( ! ,committee %all give !      

memb]s ( ! ,committee writt5 notice (   
ea* meet+1 n lat] ?an #d weeks be=e !   
date ( ! meet+4  7#c7 ,location ,at lea/
 #b ( ! meet+s ea* ye> %all take place 9
 p]son at ! ,dep>tm5t's headqu>t]s 9 !  
,di/rict ( ,columbia4 ,p>ticipants %\ld 
make e ef=t )9 reason to att5d ^! meet+s
 9 p]son4  7#d7 ,ag5da ,ea* meet+ %all  
be conduct$ 9 accordance ) an ag5da     
=mulat$ by ! *airman ( ! ,committee1 )  
input f o!r ,committee memb]s4  7#e7    
,dep>tm5t repres5tation ,ea* meet+ ( !  
,committee %all be att5d$ by ! ,secret>y
 or ! ,secret>y's designee4  7f7        
,comp5sation & travel exp5ses ,ea* memb]
 ( ! ,committee :o is n a full-"t       
employee ( ! ,unit$ ,/ates %all--  7#a7 
be entitl$ to receive comp5sation at a  
rate n to exce$ ! daily equival5t ( !   
annual rate ( basic pay 9 effect = a    
position at level ,v ( ! ,executive     
,s*$ule "u section #ecaf ( title #e1    
,unit$ ,/ates ,code1 = ea* day dur+ :i* 
! memb] is engag$ 9 ! actual p]=mance ( 
! duties ( ! ,committee2 &  7#b7 :ile   

away f ! home or regul> place ( bus9ess 
( ! memb] 9 ! p]=mance ( s]vices = !    
,committee1 be all[$ travel exp5ses1    
includ+ p] diem 9 lieu ( subsi/5ce1 9 ! 
same mann] z p]sons employ$ int]mitt5tly
 9 ! ,gov]nm5t s]vice are all[$ exp5ses 
"u section #egjc ( title #e1 ,unit$     
,/ates ,code4  7g7 ,/aff ,! ,dep>tm5t   
%all make available to ! ,committee su* 
/aff z ! *airman ( ! ,committee det]m9es
 are necess>y to c>ry out ! functions ( 
! ,committee4  7h7 ,review by ,dep>tm5t 
,! ,dep>tm5t %all-- 7#a7 review ! f9d+s 
& recomm5dations ( ! ,committee2 &  7#b7
 ea* "t ! ,committee submits a f9d+ or  
recomm5dation to ! ,dep>tm5t1 promptly1 
b no m ?an #fj days aft] submission1    
issue a public /atem5t1 a copy ( :i*    
%all be deliv]$ to ,committee memb]s--  
7,a7 assess+ ! f9d+ or recomm5dation ( !
 ,committee2 &  7,b7 disclos+ ! action1 
if any1 ! ,dep>tm5t int5ds to take )    
respect to ! f9d+ or recomm5dation4