#aafth ,,congress  #ast ,session  ,h4   
,r4 #djfg  ,,an ,,act  ,to amend the    
,consumer ,financial ,protection ,act of
 #bjaj to direct the ,office of         
,community ,affairs to identify causes  
leading to1 and solutions for1          
under-banked1 un-banked1 and underserved
 consumers1 and for other purposes4  #a4
 ,short title ,this ,act may be cited as
 the ,financial ,inclusion in ,banking  
,act of #bjai4  #b4 ,office of          
,community ,affairs duties with respect 
to under-banked1 un-banked1 and         
underserved consumers ,section          
#ajac7;b77#b7 of the ,consumer          
,financial ,protection ,act of #bjaj    
7#ab ,u4,s4,c4 #edic7;b77#b77 is        
amended--  7#a7 by striking ,the        
,director shall establish a unit and    
inserting the following3  7,a7 ,in      
general ,the ,director shall establish a
 unit to be known as the ,office of     
,community ,affairs  2 and  7#b7 by     
adding at the end the following3  7,b7  
,duties related to under-banked1        

un-banked1 and underserved consumers    
7i7 ,in general ,the ,office of         
,community ,affairs shall--  7,i7 lead  
coordination of research to identify any
 causes and challenges contributing to  
the decision of individuals who1 and    
households that1 do not initiate or     
maintain on-going and sustainable       
relationships with depository           
institutions1 including consulting with 
trade associations representing         
depository institutions1 trade          
associations representing minority      
depository institutions1 organizations  
representing the interests of           
traditionally underserved consumers and 
communities1 organizations representing 
the interests of consumers 7particularly
 low- and moderate-income individuals71 
civil rights groups1 community groups1  
consumer advocates1 and the ,consumer   
,advisory ,board about this matter2     
7,,ii7 identify subject matter experts  
within the ,bureau to work on the issues
 identified under subclause 7,i72       

7,,iii7 lead coordination efforts       
between other ,federal departments and  
agencies to better assess the reasons   
for the lack of1 and help increase the  
participation of1 under-banked1         
un-banked1 and underserved consumers in 
the banking system2 and  7,,iv7 identify
 and develop strategies to increase     
financial education to under-banked1    
un-banked1 and underserved consumers4   
7ii7 ,coordination with other ,bureau   
offices ,in carrying out this paragraph1
 the ,office of ,community ,affairs     
shall consult with and coordinate with  
the research unit established under     
subsection 7b77#a7 and such other       
offices of the ,bureau as the ,director 
may determine appropriate4  7iii7       
,reporting  7,i7 ,in general ,the       
,office of ,community ,affairs shall    
submit a report to ,congress1 within two
 years of the date of enactment of this 
subparagraph and every #b years         
thereafter1 that identifies any factors 
impeding the ability of1 or limiting the

 option for1 individuals or households  
to have access to fair1 on-going1 and   
sustainable relationships with          
depository institutions to meet their   
financial needs1 discusses any          
regulatory1 legal1 or structural        
barriers to enhancing participation of  
under-banked1 un-banked1 and underserved
 consumers with depository institutions1
 and contains recommendations to promote
 better participation for all consumers 
with the banking system4  7,,ii7 ,timing
 of report ,to the extent possible1 the 
,office shall submit each report        
required under subclause 7,i7 during a  
year in which the ,federal ,deposit     
,insurance ,corporation does not issue  
the report on encouraging use of        
depository institutions by the unbanked 
required under section #di of the       
,federal ,deposit ,insurance ,act4  4   
#c4 ,discretionary surplus funds  7a7   
,in general ,the dollar amount specified
 under section #g7;a77#c77;,a7 of the   
,federal ,reserve ,act 7#ab ,u4,s4,c4   

#bhi7;a77#c77;,a77 is reduced by        
#aj1jjj1jjj4  7b7 ,effective date ,the  
amendment made by subsection 7a7 shall  
take effect on ,september #cj1 #bjbi4   
#d4 ,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 ,october #bh1      
#bjai4;,clerk4