#aafth ,,congress  #ast ,session  ,h4   
,r4 #bda  ,,an ,,act  ,to amend the     
,bank ,service ,company ,act to provide 
improvements with respect to ,state     
banking agencies1 and for other         
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,bank ,service      
,company ,examination ,coordination ,act
 of #bjai4  #b4 ,bank ,service ,company 
,act improvements ,the ,bank ,service   
,company ,act 7#ab ,u4,s4,c4 #ahfa et   
seq47 is amended--  7#a7 in section     
#a7;b7-- 7,a7 by redesignating          
paragraphs 7#b7 through 7#i7 as         
paragraphs 7#c7 through 7#aj71          
respectively2 and  7,b7 by inserting    
after paragraph 7#a7 the following3     
7#b7 the term ,state banking agency     
shall have the same meaning given the   
term ,state ,bank ,supervisor under     
section #c of the ,federal ,deposit     
,insurance ,act2  2  7#b7 in section    
#e7;a71 by inserting 1 in consultation  
with the ,state banking agency1 after   
banking agency2 and  7#c7 in section    

#g--  7,a7 in subsection 7a7-- 7i7 in   
the first sentence1 by inserting or     
,state banking agency after appropriate 
,federal banking agency2 and  7ii7 in   
the second sentence1 by striking        
,federal banking agency that supervises 
any other shareholder or member and     
inserting ,federal or ,state banking    
agency that supervises any other        
shareholder or member2  7,b7 in         
subsection 7c7--  7i7 by inserting or a 
,state banking agency after appropriate 
,federal banking agency2  7ii7 by       
striking such agency each place such    
term appears and inserting such ,federal
 or ,state agency2  7,c7 by             
redesignating subsection 7d7 as         
subsection 7f72  7,d7 by inserting after
 subsection 7c7 the following3  7d7     
,availability of information            
,information obtained pursuant to the   
regulation and examination of service   
providers under this section or         
applicable ,state law may be furnished  
by and accessible to ,federal and ,state

 agencies to the same extent that       
supervisory information concerning      
depository institutions is authorized to
 be furnished to and required to be     
accessible by ,federal and ,state       
agencies under section #g7;a77#b7 of the
 ,federal ,deposit ,insurance ,act 7#ab 
,u4,s4,c4 #ahag7;a77#b77 or ,state law1 
as applicable4  7e7 ,coordination with  
,state ,banking ,agencies ,where a      
,state bank is principal shareholder or 
principal member of a bank service      
company or where a ,state bank is any   
other shareholder or member of the bank 
service company1 the appropriate        
,federal banking agency1 in carrying out
 examinations authorized by this        
section1 shall--  7#a7 provide          
reasonable and timely notice to the     
,state banking agency2 and  7#b7 to the 
fullest extent possible1 coordinate and 
avoid duplication of examination        
activities1 reporting requirements1 and 
requests for information4  2  7,e7 in   
subsection 7f71 as so redesignated1 by  

inserting 1 in consultation with ,state 
banking agencies1 after appropriate     
,federal banking agencies2 and  7,f7 by 
adding at the end the following3  7g7   
,rule of construction ,nothing in this  
section shall be construed as granting  
authority for a ,state banking agency to
 examine a bank service company where no
 such authority exists in ,state law4  4
  #c4 ,determination of ,budgetary      
,effects ,the budgetary effects of this 
,act1 for the purpose of complying with 
the ,statutory ,pay-,as-,you-,go ,act of
 #bjaj1 shall be determined by reference
 to the latest statement titled         
,budgetary ,effects of ,,paygo          
,legislation for this ,act1 submitted   
for printing in the ,congressional      
,record by the ,chairman of the ,house  
,budget ,committee1 provided that such  
statement has been submitted prior to   
the vote on passage4  ,passed the ,house
 of ,representatives ,september #aj1    
#bjai4;,clerk4