,,ib  ,union ,cal5d> ,no4 #fhh  #aae?   
,,congress  #b;d ,session  ,h4 ,r4 #dhfa
  ,report ,no4 #aae-hij  ,,9 ,,! ,,h\se 
,,( ,,repres5tatives  ,janu>y #ai1 #bjah
 ,mr4 ,holl+swor? introduc$ ! foll[+    
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,augu/ #c1          
#bjah;,additional sponsor3 ,mr4 ,b>r    
,augu/ #c1 #bjah ,committ$ to !         
,committee ( ! ,:ole ,h\se on ! ,/ate ( 
! ,union & ord]$ to be pr9t$  ,a ,,bill 
,to nullify c]ta9 guidance on deposit   
advance products1 to require ! ,f$]al   
bank+ ag5cies to e/abli% /&>ds =        
%ort-t]m1 small-doll> loans made by     
insur$ depository in/itutions1 to exempt
 insur$ depository in/itutions & insur$ 
cr$it unions f ! payday l5d+ rule ( !   
,bureau ( ,consum] ,f9ancial            
,protection1 & = o!r purposes4  #a4     
,%ort title ,?is ,act may be cit$ z !   
,ensur+ ,quality ,unbias$ ,access to    
,loans ,act ( #bjah or ! ,,equal ,act ( 
#bjah4  #b4 ,nullification (1 &         
requirem5ts =1 guidance on deposit      

advance products ,! f9al guidance ( !   
,f$]al ,deposit ,insurance ,corporation 
titl$ ,guidance on ,sup]visory ,conc]ns 
& ,expectations ,reg>d+ ,deposit        
,advance ,products 7#gh ,f$4 ,reg4      
#gjeeb2 ,novemb] #bf1 #bjac7 %all h no  
=ce or effect4  #c4 ,%ort-t]m1          
small-doll> loans  7a7 ,9 g5]al ,n lat] 
?an #bd mon?s aft] ! date ( ! enactm5t (
 ?is ,act1 ! ,f$]al bank+ ag5cies %all  
ea* issue regulations1 aft] provid+ =   
public notice & comm5t1 to e/abli% /&>ds
 = %ort-t]m1 small-doll> loans or l9es (
 cr$it made available by insur$         
depository in/itutions4  7b7            
,consid]ations ,9 issu+ regulations to  
e/abli% /&>ds "u subsection 7a71 !      
,f$]al bank+ ag5cies %all ensure t !    
/&>ds enc\rage products t are consi/5t )
 safe & s\nd bank+1 provide fair access 
to f9ancial s]vices1 & treat cu/om]s    
fairly4  7c7 ,coord9at$ ef=ts ,9 issu+  
regulations to e/abli% /&>ds "u         
subsection 7a71 ! ,f$]al bank+ ag5cies  
%all consult & coord9ate ) ea* o!r4  7d7

 ,effect on ,/ate law ,regulations issu$
 "u subsection 7a7 %all sup]s$e any     
,/ate law t sets /&>ds = %ort-t]m1      
small-doll> loans or l9es ( cr$it made  
available by insur$ depository          
in/itutions4  7e7 ,def9itions ,=        
purposes ( ?is section1 ! t]ms insur$   
depository in/itution & ,f$]al bank+    
ag5cy h ! mean+ giv5 ^? t]ms1           
respectively1 "u section #c ( ! ,f$]al  
,deposit ,insurance ,act4  #d4          
,exemption f payday rule ,! rule        
submitt$ by ! ,bureau ( ,consum]        
,f9ancial ,protection relat+ to ,payday1
 ,vehicle ,title1 & ,c]ta9 ,high-,co/   
,in/allm5t ,loans 7publi%$ at #hb ,f$4  
,reg4 #eddgb 7,novemb] #ag1 #bjag77 %all
 n apply to-- 7#a7 a loan made by an    
insur$ depository in/itution 7z def9$ "u
 section #c ( ! ,f$]al ,deposit         
,insurance ,act7 on or aft] ! date t !  
appropriate ,f$]al bank+ ag5cy 7z def9$ 
"u section #c ( su* ,act7 issues !      
regulations describ$ "u section #c7;a72 
or  7#b7 a loan made by an insur$ cr$it 

union or non9sur$ cr$it union 7z su*    
t]ms are def9$1 respectively1 "u section
 #aja ( ! ,f$]al ,cr$it ,union ,act74   
,augu/ #c1 #bjah ,committ$ to !         
,committee ( ! ,:ole ,h\se on ! ,/ate ( 
! ,union & ord]$ to be pr9t$