,,ib  ,union ,calendar ,no4 #fhh  #aaeth
 ,,congress  #b;d ,session  ,h4 ,r4     
#dhfa  ,report ,no4 #aae-hij  ,,in ,,the
 ,,house ,,of ,,representatives         
,january #ai1 #bjah ,mr4 ,hollingsworth 
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services  ,august #c1       
#bjah;,additional sponsor3 ,mr4 ,barr   
,august #c1 #bjah ,committed to the     
,committee of the ,whole ,house on the  
,state of the ,union and ordered to be  
printed  ,a ,,bill  ,to nullify certain 
guidance on deposit advance products1 to
 require the ,federal banking agencies  
to establish standards for short-term1  
small-dollar loans made by insured      
depository institutions1 to exempt      
insured depository institutions and     
insured credit unions from the payday   
lending rule of the ,bureau of ,consumer
 ,financial ,protection1 and for other  
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,ensuring ,quality  
,unbiased ,access to ,loans ,act of     

#bjah or the ,,equal ,act of #bjah4  #b4
 ,nullification of1 and requirements    
for1 guidance on deposit advance        
products ,the final guidance of the     
,federal ,deposit ,insurance            
,corporation titled ,guidance on        
,supervisory ,concerns and ,expectations
 ,regarding ,deposit ,advance ,products 
7#gh ,fed4 ,reg4 #gjeeb2 ,november #bf1 
#bjac7 shall have no force or effect4   
#c4 ,short-term1 small-dollar loans  7a7
 ,in general ,not later than #bd months 
after the date of the enactment of this 
,act1 the ,federal banking agencies     
shall each issue regulations1 after     
providing for public notice and comment1
 to establish standards for short-term1 
small-dollar loans or lines of credit   
made available by insured depository    
institutions4  7b7 ,considerations ,in  
issuing regulations to establish        
standards under subsection 7a71 the     
,federal banking agencies shall ensure  
that the standards encourage products   
that are consistent with safe and sound 

banking1 provide fair access to         
financial services1 and treat customers 
fairly4  7c7 ,coordinated efforts ,in   
issuing regulations to establish        
standards under subsection 7a71 the     
,federal banking agencies shall consult 
and coordinate with each other4  7d7    
,effect on ,state law ,regulations      
issued under subsection 7a7 shall       
supersede any ,state law that sets      
standards for short-term1 small-dollar  
loans or lines of credit made available 
by insured depository institutions4  7e7
 ,definitions ,for purposes of this     
section1 the terms insured depository   
institution and ,federal banking agency 
have the meaning given those terms1     
respectively1 under section #c of the   
,federal ,deposit ,insurance ,act4  #d4 
,exemption from payday rule ,the rule   
submitted by the ,bureau of ,consumer   
,financial ,protection relating to      
,payday1 ,vehicle ,title1 and ,certain  
,high-,cost ,installment ,loans         
7published at #hb ,fed4 ,reg4 #eddgb    

7,november #ag1 #bjag77 shall not apply 
to-- 7#a7 a loan made by an insured     
depository institution 7as defined under
 section #c of the ,federal ,deposit    
,insurance ,act7 on or after the date   
that the appropriate ,federal banking   
agency 7as defined under section #c of  
such ,act7 issues the regulations       
described under section #c7;a72 or  7#b7
 a loan made by an insured credit union 
or noninsured credit union 7as such     
terms are defined1 respectively1 under  
section #aja of the ,federal ,credit    
,union ,act74  ,august #c1 #bjah        
,committed to the ,committee of the     
,whole ,house on the ,state of the      
,union and ordered to be printed