,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #aff  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #c1 #bjai,mr4 
,gre5 ( ,texas introduc$ ! foll[+ bill2 
:i* 0 ref]r$ to ! ,committee on         
,f9ancial ,s]vices  ,a ,,bill  ,to      
e/abli% an ,(fice ( ,fair ,l5d+ ,te/+ to
 te/ = compliance ) ! ,equal ,cr$it     
,opportunity ,act1 to /r5g!n ! ,equal   
,cr$it ,opportunity ,act & to provide = 
crim9al p5alties = violat+ su* ,act1 & =
 o!r purposes4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,fair ,l5d+ = ,all 
,act4  #b4 ,(fice ( ,fair ,l5d+ ,te/+   
7a7 ,e/abli%m5t ,!re is e/abli%$ )9 !   
,bureau ( ,consum] ,f9ancial ,protection
 an ,(fice ( ,fair ,l5d+ ,te/+ 7h]e9aft]
 ref]r$ to z ! ,(fice74  7b7 ,director  
,! head ( ! ,(fice %all be a ,director1 
:o %all-- 7#a7 be appo9t$ to a #e-ye>   
t]m by1 & report to1 ! ,director ( !    
,bureau ( ,consum] ,f9ancial            
,protection2  7#b7 appo9t & fix !       
comp5sation ( su* employees z are       
necess>y to c>ry out ! duties ( ! ,(fice

 "u ?is section2 &  7#c7 provide an     
e/imat$ annual budget to ! ,director ( !
 ,bureau ( ,consum] ,f9ancial           
,protection4  7c7 ,civil s]vice position
 ,! position ( ! ,director %all be a    
c>e] position )9 ! civil s]vice4  7d7   
,te/+  7#a7 ,9 g5]al ,! ,(fice1 9       
consultation ) ! ,attorney ,g5]al & !   
,secret>y ( ,h\s+ & ,urban ,developm5t1 
%all conduct te/+ ( compliance ) !      
,equal ,cr$it ,opportunity ,act by      
cr$itors1 ?r\gh ! use ( individuals :o1 
)\t any bona fide int5t to receive a    
loan1 pose z prospective borr[]s = !    
purpose ( ga!r+ in=mation4  7#b7        
,ref]ral ( violations ,if1 9 c>ry+ out !
 te/+ describ$ "u p>agraph 7#a71 !      
,(fice believes a p]son has violat$ !   
,equal ,cr$it ,opportunity ,act1 !      
,(fice %all ref] su* violation 9 writ+  
to ! ,attorney ,g5]al = appropriate     
action4  7e7 ,report to ,congress       
,section #gjg ( ! ,equal ,cr$it         
,opportunity ,act 7#ae ,u4,s4,c4        
#afia;f7 is am5d$ by add+ at ! end !    

foll[+3 ,9 addition1 ea* report ( !     
,bureau %all include an analysis ( !    
te/+ c>ri$ out pursuant to section #b ( 
! ,fair ,l5d+ = ,all ,act1 & ea* report 
( ! ,bureau & ! ,attorney ,g5]al %all   
include a summ>y ( crim9al en=cem5t     
actions tak5 "u section #gjf;,a44  #c4  
,prohibition on cr$it discrim9ation     
,subsection 7a7 ( #gja ( ! ,equal ,cr$it
 ,opportunity ,act 7#ae ,u4,s4,c4 #afia7
 is am5d$ to read z foll[s3  7a7 ,x %all
 be unlawful = any cr$itor to           
discrim9ate aga9/ any applicant1 )      
respect to any aspect ( a cr$it         
transaction--  7#a7 on ! basis ( race1  
color1 religion1 national orig91 sex    
7includ+ sexual ori5tation & g5d]       
id5tity71 m>ital /atus1 or age 7provid$ 
! applicant has ! capacity to contract72
  7#b7 on ! basis ( ! applicant's zip   
code1 or c5sus tract2  7#c7 because all 
or "p ( ! applicant's income d]ives f   
any public assi/ance program2 or  7#d7  
because ! applicant has 9 good fai?     
ex]cis$ any "r "u ! ,consum] ,cr$it     

,protection ,act4  4  #d4 ,crim9al      
p5alties = violations ( ! ,equal ,cr$it 
,opportunity ,act  7a7 ,9 g5]al ,!      
,equal ,cr$it ,opportunity ,act 7#ae    
,u4,s4,c4 #afia et seq47 is am5d$ by    
ins]t+ aft] section #gjf ! foll[+3      
#gjf;,a4 ,crim9al p5alties  7a7         
,individual violations ,any p]son :o    
kn[+ly & willfully violates ?is title   
%all be f9$ n m ?an #ej1jjj1 or         
imprison$ n m ?an #a ye>1 or bo?4  7b7  
,patt]n or practice  7#a7 ,9 g5]al ,any 
p]son :o engages 9 a patt]n or practice 
( kn[+ly & willfully violat+ ?is title  
%all be f9$ n m ?an #ajj1jjj = ea*      
violation ( ?is title1 or imprison$ n m 
?an tw5ty ye>s1 or bo?4  7#b7 ,p]sonal  
liability ( executive (fic]s & directors
 ( ! bo>d ,any executive (fic] or       
director ( ! bo>d ( an entity :o kn[+ly 
& willfully causes ! entity to engage 9 
a patt]n or practice ( kn[+ly &         
willfully violat+ ?is title 7or :o      
directs ano!r ag5t1 s5ior (fic]1 or     
director ( ! entity to commit su* a     

violation or engage 9 su* acts t result 
9 ! director or (fic] be+ p]sonally     
unju/ly enri*$7 %all be--  7,a7 f9$ 9 an
 am\nt n to exce$ #ajj p]c5t ( !        
comp5sation 7includ+ /ock options aw>d$ 
z comp5sation7 receiv$ by su* (fic] or  
director f ! entity--  7i7 dur+ ! "t    
p]iod 9 :i* ! violations occurr$2 or    
7ii7 9 ! "o to ?ree ye> "t p]iod prec$+ 
! date on :i* ! violations 7 discov]$2 &
  7,b7 imprison$ = n m ?an #e ye>s4  4  
7b7 ,cl]ical am5dm5t ,! table ( cont5ts 
= ! ,equal ,cr$it ,opportunity ,act 7#ae
 ,u4,s4,c4 #afia et seq47 is am5d$ by   
ins]t+ aft] ! item relat+ to section    
#gjf ! foll[+3  #gjf;,a4 ,crim9al       
p5alties4  4  #e4 ,review ( loan        
applications  7a7 ,9 g5]al ,subtitle ,c 
( ! ,consum] ,f9ancial ,protection ,act 
( #bjaj 7#ab ,u4,s4,c4 #eeca et seq47 is
 am5d$ by add+ at ! end ! foll[+3       
#ajch4 ,review ( loan applications  7a7 
,9 g5]al ,! ,bureau %all c>ry out       
reviews ( loan applications & ! process 
( tak+ loan applications be+ us$ by     

cov]$ p]sons to ensure su* applications 
& processes d n violate ! ,equal ,cr$it 
,opportunity ,act or any o!r ,f$]al     
consum] f9ancial law4  7b7 ,prohibition 
& en=cem5t ,if ! ,bureau det]m9es "u    
subsection 7a7 t any loan application or
 process ( tak+ a loan application      
violates ! ,equal ,cr$it ,opportunity   
,act or any o!r ,f$]al consum] f9ancial 
law1 ! ,bureau %all--  7#a7 prohibit !  
cov]$ p]son f us+ su* application or    
process2 &  7#b7 take su* en=cem5t or   
o!r actions ) respect to ! cov]$ p]son z
 ! ,bureau det]m9es appropriate4  4  7b7
 ,cl]ical am5dm5t ,! table ( cont5ts 9  
section #a ( ! ,dodd-,frank ,wall ,/reet
 ,re=m & ,consum] ,protection ,act is   
am5d$ by ins]t+ aft] ! item relat+ to   
section #ajcg ! foll[+3  ,sec4 #ajch4   
,review ( loan applications4  4  #f4    
,mortgage data collection  7a7 ,9 g5]al 
,section #cjd7;b77#d7 ( ! ,home         
,mortgage ,disclosure ,act ( #aige 7#ab 
,u4,s4,c4 #bhjc7;b77#d77 is am5d$ by    
/rik+ c5sus tract1 income level1 racial 

*>act]i/ics1 age1 & g5d] & ins]t+ !     
applicant or borr[]'s zip code1 c5sus   
tract1 income level1 race1 color1       
religion1 national orig91 sex1 m>ital   
/atus1 sexual ori5tation1 & age4  7b7   
,protection ( privacy int]e/s ,section  
#cjd7;h77#c77;,a7 ( ! ,home ,mortgage   
,disclosure ,act ( #aige 7#ab ,u4,s4,c4 
#bhjc7;h77#c77;,a77 is am5d$--  7#a7 9  
clause 7i71 by /rik+ & at ! end2  7#b7  
by r$esignat+ clause 7ii7 z clause      
7iii72 &  7#c7 by ins]t+ aft] clause 7i7
 ! foll[+3  7ii7 zip code1 c5sus tract1 
& any o!r category ( data describ$ 9    
subsection 7b77#d71 z ! ,bureau det]m9es
 to be necess>y to satisfy ! purpose    
describ$ 9 p>agraph 7#a77;,e71 & 9 a    
mann] consi/5t ) t purpose2 &  4