,,ib  ,union ,cal5d> ,no4 #fhc  #aae?   
,,congress  #b;d ,session  ,h4 ,r4 #abfd
  ,report ,no4 #aae-hhe  ,,9 ,,! ,,h\se 
,,( ,,repres5tatives  ,febru>y #bh1     
#bjag ,mr4 ,williams introduc$ ! foll[+ 
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,augu/ #c1          
#bjah;,additional sponsors3 ,mr4        
,culb]son1 ,mr4 ,bab91 ,mr4 ,poe (      
,texas1 ,mr4 ,roe ( ,t5nessee1 ,mr4     
,gro?man1 ,mr4 ,latta1 ,mr4 ,smi? (     
,texas1 ,mr4 ,m>*ant1 ,mr4 ,posey1 ,mr4 
,mit*ell1 ,mr4 ,lucas1 ,mr4 ,"y (       
,alaska1 ,mr4 ,trott1 ,mr4 ,b]gman1 ,mr4
 ,hurd1 ,mr4 ,walb]g1 ,mr4 ,brady (     
,texas1 ,mr4 ,pitt5g]1 ,mr4 ,c>t] (     
,texas1 ,mr4 ,tipton1 ,mr4 ,b>ton1 ,mr4 
,pe>ce1 ,mr4 ,ross1 ,mr4 ,olson1 ,mr4   
,ratcliffe1 ,mr4 ,upton1 ,mr4 ,bi%op (  
,mi*igan1 ,mr4 ,mool5a>1 ,mr4 ,sessions1
 & ,ms4 ,grang]  ,augu/ #c1 #bjah       
,report$ ) am5dm5ts1 committ$ to !      
,committee ( ! ,:ole ,h\se on ! ,/ate ( 
! ,union1 & ord]$ to be pr9t$ ,/rike out
 all aft] ! enact+ clause & ins]t ! "p  

pr9t$ 9 italic ,= text ( introduc$ bill1
 see copy ( bill z introduc$ on ,febru>y
 #bh1 #bjag  ,a ,,bill  ,to provide an  
exemption f rules & regulations ( !     
,bureau ( ,consum] ,f9ancial protection 
= community f9ancial in/itutions1 & =   
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,community ,f9ancial   
,in/itution ,exemption ,act4  #b4       
,exemption = c]ta9 f9ancial in/itutions 
,section #ajbb7;b7 ( ! ,consum]         
,f9ancial ,protection ,act ( #bjaj 7#ab 
,u4,s4,c4 #eeab7;b77 is am5d$--  7#a7 9 
p>agraph 7#c71 by am5d+ ! head+ to read 
z foll[s3 ,g5]al exemptions2  7#b7 by   
r$esignat+ p>agraph 7#d7 z p>agraph     
7#e72 &  7#c7 by ins]t+ aft] p>agraph   
7#c7 ! foll[+3  7#d7 ,specific exemption
 = c]ta9 f9ancial in/itutions  7,a7 ,9  
g5]al ,an insur$ depository in/itution  
or cr$it union ) less ?an               
#ej1jjj1jjj1jjj 9 consolidat$ assets    
%all be exempt f all rules & regulations
 issu$ by ! ,bureau4  7,b7 ,exception ,!
 ,bureau may revoke an exemption provid$

 "u subp>agraph 7,a7 ) respect to a     
specific rule or regulation & a specific
 class ( insur$ depository in/itutions  
or cr$it unions describ$ 9 subp>agraph  
7,a7 if--  7i7 ! ,bureau makes a        
detail$1 writt5 f9d+ t su* class (      
insur$ depository in/itutions or cr$it  
unions describ$ 9 subp>agraph 7,a7 has  
engag$ 9 a patt]n or practice (         
activities t h be5 detrim5tal to !      
int]e/s ( consum]s & are ( a type t !   
specific rule or regulation is int5d$ to
 address2  7ii7 ! ,bureau consults ) !  
,f$]al bank+ ag5cies ) respect to su*   
revocation2 &  7iii7 ea* ,f$]al bank+   
ag5cy provides ! ,bureau ) a writt5     
notice /at+ t ! ,f$]al bank+ ag5cy      
agrees ) su* revocation4  7,c7          
,effective date2 effect on prior rules  
7i7 ,effective date ,?is p>agraph %all  
take effect ) respect to rules &        
regulations issu$ or modifi$ aft] ! date
 ( enactm5t ( ?is p>agraph4  7ii7       
,effect on prior rules ,?is p>agraph    
%all n prohibit ! ,bureau f modify+ a   

rule or regulation issu$ prior to ! date
 ( enactm5t ( ?is p>agraph ) respect to 
insur$ depository in/itutions or cr$it  
unions describ$ 9 subp>agraph 7,a7 if ! 
effect ( su* modification is to exp& a  
curr5t exemption or to r$uce ! co/s & ! 
regulatory burd5 associat$ ) comply+ )  
su* rule or regulation4  7,d7 ,f$]al    
bank+ ag5cy def9$ ,= purposes ( ?is     
p>agraph1 ! t]m ,f$]al bank+ ag5cy means
 ! ,bo>d ( ,gov]nors1 ! ,(fice ( !      
,comptroll] ( ! ,curr5cy1 !             
,corporation1 & ! ,national ,cr$it      
,union ,adm9i/ration4  4  ,am5d ! title 
s z to read3 ,a bill to provide an      
exemption f rules & regulations ( !     
,bureau ( ,consum] ,f9ancial ,protection
 = c]ta9 f9ancial in/itutions1 & = o!r  
purposes44  ,augu/ #c1 #bjah ,report$ ) 
am5dm5ts1 committ$ to ! ,committee ( !  
,:ole ,h\se on ! ,/ate ( ! ,union1 &    
ord]$ to be pr9t$