,,ii  #aae? ,,congress  #b;d ,session   
,s4 #bgee  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #be1 #bjah,mrs4 
,gillibr& introduc$ ! foll[+ bill2 :i* 0
 read twice & ref]r$ to ! ,committee on 
,homel& ,security & ,gov]nm5tal ,affairs
  ,a ,,bill  ,to am5d title #ci1 ,unit$ 
,/ates ,code1 to provide t ! ,unit$     
,/ates ,po/al ,s]vice may provide c]ta9 
basic f9ancial s]vices1 & = o!r         
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,po/al ,bank+ ,act4  #b4   
,au?ority = ! ,po/al ,s]vice to (f]     
c]ta9 f9ancial s]vices  7a7 ,9 g5]al    
,section #djd ( title #ci1 ,unit$ ,/ates
 ,code1 is am5d$--  7#a7 9 subsection   
7a7-- 7,a7 9 p>agraph 7#g71 by /rik+ &  
at ! end2  7,b7 9 p>agraph 7#h71 by     
/rik+ ! p]iod at ! end & ins]t+ a       
semicolon2 &  7,c7 by add+ at ! end !   
foll[+3  7#i7 to provide basic f9ancial 
s]vices1 includ+-- 7,a7 l[-co/1         
small-doll> loans1 n to exce$ #ejj at a 
"t1 or #a1jjj f #a ye> ( ! issuance ( ! 
initial loan1 z adju/$ annually by !    

,po/ma/] ,g5]al to reflect any *ange 9 !
 ,consum] ,price ,index = ,all ,urban   
,consum]s ( ! ,dep>tm5t ( ,labor2  7,b7 
alone1 or 9 p>tn]%ip ) depository       
in/itutions1 z def9$ 9 section #c ( !   
,f$]al ,deposit ,insurance ,act 7#ab    
,u4,s4,c4 #ahac71 & ,f$]al cr$it unions1
 z def9$ 9 section #aja ( ! ,f$]al      
,cr$it ,union ,act 7#ab ,u4,s4,c4       
#ageb71 small *eck+ acc\nts &           
int]e/-be>+ sav+s acc\nts1 n to exce$ ! 
great] (--  7i7 #bj1jjj p] acc\nt2 &    
7ii7 #be p]c5t ( ! m$ian acc\nt balance 
report$ 9 ! ,f$]al ,deposit ,insurance  
,corporation's qu>t]ly ,consolidat$     
,reports ( ,condition & ,income2  7,c7  
transactional s]vices1 includ+ debit    
c>ds1 automat$ tell] ma*9es1 onl9e *eck+
 acc\nts1 *eck-ca%+ s]vices1 automatic  
bill-pay1 mobile bank+1 or o!r products 
t all[s us]s to engage 9 ! f9ancial     
s]vices describ$ 9 ?is p>agraph2  7,d7  
remittance s]vices1 includ+ ! receiv+ & 
s5d+ ( money to dome/ic or =eign        
recipi5ts2 &  7,e7 su* o!r basic        

f9ancial s]vices z ! ,po/al ,s]vice     
det]m9es appropriate 9 ! public int]e/2 
7#aj7 to set int]e/ rates & fees = !    
f9ancial in/rum5ts & products provid$ by
 ! ,po/al ,s]vice t--  7,a7 ensures t ! 
cu/om] access to ! products & ! public  
int]e/ is giv5 significant consid]ation2
  7,b7 ensures t int]e/ rates on sav+s  
acc\nts are at lea/ #ajj p]c5t ( !      
,f$]al ,deposit ,insurance              
,corporation's weekly national rate on  
nonjumbo sav+s acc\nts2 &  7,c7 ensures 
t ! total int]e/ rates on small-doll>   
loan am\nts-- 7i7 are inclusive (       
int]e/1 fees1 *>ges1 & ancill>y products
 & s]vices2 &  7ii7 d n exce$ #aja p]c5t
 ( ! ,treasury #a mon? con/ant maturity 
rate2 &  7#aa7 all[ capitalization ( an 
am\nt deem$ necess>y by ! ,po/ma/]      
,g5]al t s]ve ! purpose ( ?is section1  
?r\gh ( an acc\nt sep>ate f products n  
includ$ or all[$ 9 ?is section1 = !     
purposes ( enact+ ! provisions ( ?is    
section4  2 &  7#b7 by add+ at ! end !  
foll[+3  7f7 ,any net pr(its f s]vices  

provid$ "u ?is section t are n great]   
?an ! am\nt ( initial capitalization--  
7#a7 %all be report$ sep>ately f mail   
s]vice & deliv]y2  7#b7 9 ! case ( any  
am\nt appropriat$1 %all be return$ to ! 
g5]al fund ( ! ,treasury n lat] ?an #i  
ye>s aft] ! date ( enactm5t ( ?is       
subsection2 &  7#c7 may be repaid to !  
(f]+ organization or organizations if ! 
,po/ma/] ,g5]al det]m9es t ! s]vices    
provid$ 9 ?is subsection are n r$uc$ z a
 result4  4  7b7 ,no bank *>t] ,! ,unit$
 ,/ates ,po/al ,s]vice %all n be grant$ 
a bank *>t]1 become an insur$ depository
 in/itution1 z def9$ 9 section #c ( !   
,f$]al ,deposit ,insurance ,act 7#ab    
,u4,s4,c4 #ahac71 or engage 9           
traditional bank+ activities su* z l5d+4
  7c7 ,,ucc ,! ,unit$ ,/ates ,po/al     
,s]vice %all be subject to ! provisions 
( article #d ( ! ,uni=m ,comm]cial      
,code4  7d7 ,regulations ,! ,po/ma/]    
,g5]al1 9 consultation ) ! ,secret>y ( !
 ,treasury1 ! ,bureau ( ,consum]        
,f9ancial ,protection1 & ! ,f$]al bank+ 

ag5cies1 %all promulgate regulations    
c>ry+ out ?is ,act & ! am5dm5ts made by 
?is ,act4  7e7 ,te*nical & con=m+       
am5dm5t ,section #djd7;e77#b7 ( title   
#ci1 ,unit$ ,/ates ,code1 is am5d$ by   
add+ at ! end ! foll[+3 ,! prec$+ s5t5ce
 %all n apply to any f9ancial s]vice    
(f]$ by ! ,po/al ,s]vice "u subsection  
7a77#i744  7f7 ,rule ( con/ruction ,!   
s]vices (f]$ by ! ,unit$ ,/ates ,po/al  
,s]vice "u section #djd ( title #ci1    
,unit$ ,/ates ,code--  7#a7 %all be     
consid]$ p]missible non-bank+ activities
 9 accordance ) section #bbe4bh ( title 
#ab1 ,code ( ,f$]al ,regulations2 &     
7#b7 %all n be consid]$ ! bus9ess (     
bank+ "u ! sev5? p>agraph ( section     
#eacf ( ! ,revis$ ,/atutes 7#ab         
,u4,s4,c4 #bd74