,,ii  #aafth ,,congress  #ast ,session  
,s4 #bhhc  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,november #ah1 
#bjai,mr4 ,menendez 7for himself and    
,mr4 ,kennedy7 introduced the following 
bill2 which was read twice and referred 
to the ,committee on ,banking1 ,housing1
 and ,urban ,affairs  ,a ,,bill  ,to    
apply the provisions relating to        
consumer liability for unauthorized     
transfers to small business concerns1   
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,small ,business ,fraud ,protection     
,act4  #b4 ,application of the          
,electronic ,fund ,transfer ,act to     
small business concerns  7a7 ,in general
 ,section #iji of the ,electronic ,fund 
,transfer ,act 7#ae ,u4,s4,c4 #afic;g7  
is amended by adding at the end the     
following3  7f7 ,for purposes of this   
section1 the term consumer shall include
 a small business concern1 as defined in
 section #c7;a7 of the ,small ,business 
,act 7#ae ,u4,s4,c4 #fcb7;a774  4  7b7  

,regulations ,not later than #b years   
after the date of enactment of this     
,act1 the ,bureau of ,consumer          
,financial ,protection shall amend      
#ajje4f of title #ab1 ,code of ,federal 
,regulations1 to carry out the amendment
 made by subsection 7a74