,,ii  #aae? ,,congress  #a/ ,session    
,s4 #aegi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ai1 #bjag,mr4   
,r\nds 7= himself & ,mr4 ,k+7 introduc$ 
! foll[+ bill2 :i* 0 read twice & ref]r$
 to ! ,committee on ,bank+1 ,h\s+1 &    
,urban ,affairs  ,a ,,bill  ,to am5d !  
,consum] ,f9ancial ,protection ,act (   
#bjaj to e/abli% advisory bo>ds1 & = o!r
 purposes4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,bureau ( ,consum]      
,f9ancial ,protection ,advisory ,bo>d   
,enhancem5t ,act4  #b4 ,e/abli%m5t (    
advisory bo>ds )9 ! ,bureau ( ,consum]  
,f9ancial ,protection  7a7 ,9 g5]al     
,subtitle ,a ( ! ,consum] ,f9ancial     
,protection ,act ( #bjaj 7#ab ,u4,s4,c4 
#edia et seq47 is am5d$ by ins]t+ aft]  
section #ajad 7#ab ,u4,s4,c4 #edid7 !   
foll[+3  #ajad;,a4 ,advisory ,bo>ds  7a7
 ,def9itions ,9 ?is section-- 7#a7 ! t]m
 eligible f9ancial product or s]vice    
means a f9ancial product or s]vice t is 
(f]$ or provid$ = use by consum]s       
prim>ily = p]sonal1 family1 or h\sehold 

purposes z describ$ 9 clause 7i71 7iii71
 7v71 7vi71 or 7ix7 ( section           
#ajjb7ae77;,a72  7#b7 ! t]m rural area  
has ! mean+ giv5 ! t]m 9 section        
#acic7;a77#b7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf2 &  7#c7 ! t]ms small bus9ess  
conc]n1 small bus9ess conc]n own$ &     
controll$ by vet]ans1 & small bus9ess   
conc]n own$ & controll$ by wom5 h !     
mean+s giv5 ^? t]ms 9 section #c ( !    
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcb74  7b7 ,small ,bus9ess ,advisory   
,bo>d  7#a7 ,e/abli%m5t ,! ,director    
%all e/abli% a ,small ,bus9ess ,advisory
 ,bo>d-- 7,a7 to advise & consult ) !   
,bureau 9 ! ex]cise ( ! functions ( !   
,bureau "u ! ,f$]al consum] f9ancial    
laws applicable to eligible f9ancial    
products or s]vices2 &  7,b7 to provide 
in=mation on em]g+ practices ( small    
bus9ess conc]ns t provide eligible      
f9ancial products or s]vices1 includ+   
regional tr5ds1 ! effect t decisions by 
! ,bureau h on rural areas1 conc]ns1 &  
o!r relevant in=mation4  7#b7 ,memb]%ip 

7,a7 ,numb] ,! ,director %all appo9t n  
less ?an #ae & n m ?an #bj memb]s to !  
,small ,bus9ess ,advisory ,bo>d4  7,b7  
,qualification ,memb]s appo9t$ "u       
subp>agraph 7,a7 %all be repres5tatives 
( small bus9ess conc]ns t--  7i7 provide
 eligible f9ancial products or s]vices2 
&  7ii7 are s]vice provid]s to cov]$    
p]sons4  7,c7 ,additional consid]ations 
,9 appo9t+ memb]s "u subp>agraph 7,a71 !
 ,director %all-- 7i7 include memb]s    
repres5t+ small bus9ess conc]ns own$ &  
controll$ by vet]ans1 small bus9ess     
conc]ns own$ & controll$ by wom51 &     
m9ority-own$ small bus9ess conc]ns1 & ! 
int]e/s ( ^? conc]ns1 )\t reg>d to p>ty 
affiliation2 &  7ii7 require an adequate
 repres5tation ( memb]s t own small     
bus9ess conc]ns = :i* ! pr9cipal place (
 bus9ess is 9 a rural area or und]s]v$  
area4  7#c7 ,meet+s ,! ,small ,bus9ess  
,advisory ,bo>d-- 7,a7 %all meet f "t to
 "t at ! call ( ! ,director2 &  7,b7    
%all meet n less ?an twice ea* ye>4  7c7
 ,cr$it ,union ,advisory ,c\ncil  7#a7  

,e/abli%m5t ,! ,director %all e/abli% a 
,cr$it ,union ,advisory ,c\ncil to      
advise & consult ) ! ,bureau on consum] 
f9ancial products or s]vices t impact   
cr$it unions4  7#b7 ,memb]%ip  7,a7     
,numb] ,! ,director %all appo9t n less  
?an #ae & n m ?an #bj memb]s to ! ,cr$it
 ,union ,advisory ,c\ncil4  7,b7        
,consid]ations ,9 appo9t+ memb]s "u     
subp>agraph 7,a71 ! ,director %all-- 7i7
 include memb]s repres5t+ cr$it unions  
pr$om9antly s]v+ traditionally und]s]v$ 
communities & populations & _! int]e/s1 
)\t reg>d to p>ty affiliation2 &  7ii7  
require an adequate repres5tation (     
memb]s t repres5t cr$it unions t are    
headqu>t]$ 9 a rural area or und]s]v$   
area4  7#c7 ,meet+s ,! ,cr$it ,union    
,advisory ,c\ncil-- 7,a7 %all meet f "t 
to "t at ! call ( ! ,director2 &  7,b7  
%all meet n less ?an twice ea* ye>4  7d7
 ,community ,bank ,advisory ,c\ncil     
7#a7 ,e/abli%m5t ,! ,director %all      
e/abli% a ,community ,bank ,advisory    
,c\ncil to advise & consult ) ! ,bureau 

on consum] f9ancial products or s]vices 
t impact community banks4  7#b7         
,memb]%ip  7,a7 ,numb] ,! ,director %all
 appo9t n less ?an #ae & n m ?an #bj    
memb]s to ! ,community ,bank ,advisory  
,c\ncil4  7,b7 ,consid]ations ,9 appo9t+
 memb]s "u subp>agraph 7,a71 ! ,director
 %all-- 7i7 include memb]s repres5t+    
community banks pr$om9antly s]v+        
traditionally und]s]v$ communities &    
populations & _! int]e/s1 )\t reg>d to  
p>ty affiliation2 &  7ii7 require an    
adequate repres5tation ( memb]s t       
repres5t community banks t are          
headqu>t]$ 9 a rural area or und]s]v$   
area4  7#c7 ,meet+s ,! ,community ,bank 
,advisory ,c\ncil-- 7,a7 %all meet f "t 
to "t at ! call ( ! ,director2 &  7,b7  
%all meet n less ?an twice ea* ye>4  7e7
 ,comp5sation & travel exp5ses ,memb]s (
 ! ,small ,bus9ess ,advisory ,bo>d1 !   
,cr$it ,union ,advisory ,c\ncil1 or !   
,community ,bank ,advisory ,c\ncil1 z   
e/abli%$ "u subsections 7b71 7c71 & 7d71
 respectively1 :o are n full-"t         

employees ( ! ,unit$ ,/ates %all--  7#a7
 be entitl$ to receive comp5sation at a 
rate fix$ by ! ,director :ile att5d+    
meet+s ( ! ,small ,bus9ess ,advisory    
,bo>d1 ! ,cr$it ,union ,advisory        
,c\ncil1 or ! ,community ,bank ,advisory
 ,c\ncil1 includ+ travel "t2 &  7#b7 be 
all[$ travel exp5ses1 includ+           
transportation & subsi/5ce1 :ile away f 
_! homes or regul> places ( bus9ess4  4 
7b7 ,table ( cont5ts am5dm5t ,! table ( 
cont5ts 9 section #a7;b7 ( !            
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act 7,public ,law 
#aaa-bjc2 #abd ,/at4 #acgf7 is am5d$ by 
ins]t+ aft] ! item relat+ to section    
#ajad ! foll[+3  ,sec4 #ajad;,a4        
,advisory ,bo>ds4  4