,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #dcbe  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #bg1 #bjbj,mr4   
,scott ( ,s\? ,c>ol9a 7= himself & ,mr4 
,man*97 introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to am5d ! ,consum] ,f9ancial   
,protection ,act ( #bjaj to cl>ify !    
au?ority ( ! ,bureau ( ,consum]         
,f9ancial ,protection ) respect to      
p]sons regulat$ by a ,/ate insurance    
regulator1 & = o!r purposes4  #a4 ,%ort 
title ,?is ,act may be cit$ z ! ,bus9ess
 ( ,insurance ,regulatory ,re=m ,act (  
#bjbj4  #b4 ,cl>ification to ! au?ority 
( ! ,bureau ) respect to p]sons regulat$
 by a ,/ate insurance regulator ,section
 #ajbg7;f7 ( ! ,consum] ,f9ancial       
,protection ,act ( #bjaj 7#ab ,u4,s4,c4 
#eeag7;f77 is am5d$-- 7#a7 9 p>agraph   
7#b7-- 7,a7 9 ! p>agraph head+1 by /rik+
 ,description ( activities & ins]t+     
,exceptions2  7,b7 by /rik+ ,p>agraph   
7#a7 & ins]t+ ! foll[+3  7,a7 ,au?ority 

,p>agraph 7#a7  2 &  7,c7 by ins]t+ aft]
 subp>agraph 7,a71 z s designat$1 !     
foll[+3  7,b7 ,limitation ,) respect to 
a p]son regulat$ by a ,/ate insurance   
regulator-- 7i7 if t p]son is (f]+ or   
provid+ a consum] f9ancial product or   
s]vice1 ! ,bureau may n en=ce ?is title 
) respect to t p]son to ! ext5t t !     
p]son is engag$ 9 ! bus9ess ( insurance2
 or  7ii7 if t p]son is subject to any  
enum]at$ consum] law or any law = :i*   
au?orities are transf]r$ "u subtitle ,f 
or ,h1 ! au?ority ( ! ,bureau to en=ce t
 law ) respect to t p]son %all be n>r[ly
 con/ru$ to ! ext5t t ! p]son is engag$ 
9 ! bus9ess ( insurance4  2 &  7#b7 by  
add+ at ! end ! foll[+3  7#d7 ,rule (   
con/ruction ,! en=cem5t ( ?is title %all
 be broadly con/ru$ 9 favor ( ! au?ority
 ( a ,/ate insurance regulator ) respect
 to a p]son regulat$ by ! ,/ate         
insurance regulator4  4