,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #dfad  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #ag1         
#bjbj,mrs4 ,gillibr& 7= h]self & ,mr4   
,s&]s7 introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,homel& ,security & ,gov]nm5tal ,affairs
  ,a ,,bill  ,to am5d title #ci1 ,unit$ 
,/ates ,code1 to provide t ! ,unit$     
,/ates ,po/al ,s]vice may provide c]ta9 
basic f9ancial s]vices1 & = o!r         
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,po/al ,bank+ ,act4  #b4   
,au?ority = ! ,po/al ,s]vice to (f]     
c]ta9 f9ancial s]vices  7a7 ,9 g5]al    
,section #djd7;a7 ( title #ci1 ,unit$   
,/ates ,code1 is am5d$-- 7#a7 9 p>agraph
 7#g71 by /rik+ & at ! end2  7#b7 9     
p>agraph 7#h71 by /rik+ ! p]iod at ! end
 & ins]t+ a semicolon2 &  7#c7 by add+  
at ! end ! foll[+3  7#i7 to provide     
basic f9ancial s]vices1 includ+-- 7,a7  
l[-co/1 small-doll> loans1 n to exce$   
#ejj at a "t1 or #a1jjj f #a ye> ( !    
issuance ( ! initial loan1 z adju/$     

annually by ! ,po/ma/] ,g5]al to reflect
 any *ange 9 ! ,consum] ,price ,index = 
,all ,urban ,consum]s ( ! ,dep>tm5t (   
,labor2  7,b7 small doll> l5d+ s]vic+1  
:i* %all ensure t ! cu/om]'s access to !
 products & ! public int]e/ is giv5     
significant consid]ation2 &  7,c7 small 
*eck+ acc\nts & int]e/-be>+ sav+s       
acc\nts1 n to exce$ ! great] (-- 7i7    
#bj1jjj p] acc\nt2 &  7ii7 #be p]c5t ( !
 m$ian acc\nt balance report$ 9 ! ,f$]al
 ,deposit ,insurance ,corporation's     
qu>t]ly ,consolidat$ ,reports (         
,condition & ,income2  7,d7             
transactional s]vices1 includ+ debit    
c>ds1 automat$ tell] ma*9es1 onl9e *eck+
 acc\nts1 *eck-ca%+ s]vices1 automatic  
bill-pay1 mobile bank+1 or o!r products 
or p>tn]%ips t all[ us]s to engage 9 !  
f9ancial s]vices describ$ 9 ?is         
p>agraph2  7,e7 remittance s]vices1     
includ+ ! receiv+ & s5d+ ( money to     
dome/ic or =eign recipi5ts2 &  7,f7 su* 
o!r basic f9ancial s]vices z ! ,po/al   
,s]vice det]m9es appropriate 9 ! public 

int]e/2  7#aj7 to set int]e/ rates &    
fees = ! f9ancial in/rum5ts & products  
provid$ by ! ,po/al ,s]vice t-- 7,a7    
ensures t ! cu/om] access to ! products 
& ! public int]e/ is giv5 significant   
consid]ation2  7,b7 ensures t int]e/    
rates on sav+s acc\nts are at lea/ #ajj 
p]c5t ( ! ,f$]al ,deposit ,insurance    
,corporation's weekly national rate on  
nonjumbo sav+s acc\nts2 &  7,c7 ensures 
t ! total int]e/ rates on small-doll>   
loan am\nts-- 7i7 are inclusive (       
int]e/1 fees1 *>ges1 & ancill>y products
 & s]vices2 &  7ii7 d n exce$ #aja p]c5t
 ( ! ,treasury #a mon? con/ant maturity 
rate2 &  7#aa7 to provide all f9ancial  
products & s]vices 9 subsection 7a7     
exclusively1 ensur+ t ! cu/om]'s access 
to ! products & ! public int]e/ is giv5 
significant consid]ation1 & n ?r\gh a   
p>tn]%ip or contract ) private          
in/itutions1 includ+ insur$ depository  
in/itutions4  4  7b7 ,no bank *>t] ,!   
,unit$ ,/ates ,po/al ,s]vice %all n be  
grant$ a bank *>t]1 become an insur$    

depository in/itution1 z def9$ 9 section
 #c ( ! ,f$]al ,deposit ,insurance ,act 
7#ab ,u4,s4,c4 #ahac71 = ! purpose (    
capital requirem5ts4  7c7 ,,ucc ,!      
,unit$ ,/ates ,po/al ,s]vice %all be    
subject to ! provisions ( article #d ( !
 ,uni=m ,comm]cial ,code4  7d7          
,regulations ,! ,po/ma/] ,g5]al1 9      
consultation ) ! ,secret>y ( !          
,treasury1 ! ,bureau ( ,consum]         
,f9ancial ,protection1 & ! ,f$]al bank+ 
ag5cies1 %all promulgate regulations    
c>ry+ out ?is ,act & ! am5dm5ts made by 
?is ,act4  7e7 ,te*nical & con=m+       
am5dm5t  7#a7 ,9 g5]al ,section         
#djd7;e77#b7 ( title #ci1 ,unit$ ,/ates 
,code1 is am5d$ by add+ at ! end !      
foll[+3 ,! prec$+ s5t5ce %all n apply to
 any f9ancial s]vice (f]$ by ! ,po/al   
,s]vice "u subsection 7a77#i744  7#b7   
,f$]al ,res]ve ,act ,section #aa ( !    
,f$]al ,res]ve ,act is am5d$-- 7,a7 by  
r$esignat+ ! second subsection 7s7      
7relat+ to assessm5ts1 fees1 & o!r *>ges
 = c]ta9 companies7 z subsection 7t72 & 

7,b7 by add+ at ! end ! foll[+3  7u7    
,fund+ = ,po/al f9ancial s]vices ,!     
,bo>d1 9 consultation ) ! ,*airman ( !  
,bo>d & ! ,po/ma/] ,g5]al1 %all transf] 
to ! ,po/ma/] ,g5]al su* sums z may be  
necess>y to c>ry out ! s]vices describ$ 
9 section #djd7;a77#i7 ( title #ci1     
,unit$ ,/ates ,code1 :i* %all-- 7#a7 be 
suffici5t to ensure t ! products        
describ$ 9 t section %all sub/antially  
decrease ! numb] ( p :o d n h a bank    
acc\nt or use alt]native f9ancial       
products su* z payday l5d+1 *eck ca%+1  
prepaid debt c>ds1 & ov]draft fees2 &   
7#b7 be provid$ to ! ,po/ma/] ,g5]al    
?r\gh ( an acc\nt sep>ate f products n  
includ$ or all[$ "u section #djd ( t    
title4  4  7f7 ,rule ( con/ruction ,!   
s]vices (f]$ by ! ,unit$ ,/ates ,po/al  
,s]vice "u section #djd ( title #ci1    
,unit$ ,/ates ,code-- 7#a7 %all be      
consid]$ p]missible non-bank+ activities
 9 accordance ) section #bbe4bh ( title 
#ab1 ,code ( ,f$]al ,regulations2 &     
7#b7 %all n be consid]$ ! bus9ess (     

bank+ "u ! sev5? p>agraph ( section     
#eacf ( ! ,revis$ ,/atutes 7#ab         
,u4,s4,c4 #bd74  7g7 ,,gao report ,!    
,comptroll] ,g5]al ( ! ,unit$ ,/ates    
%all submit to ,congress an annual      
report t includes ! demographics1 numb] 
( p>ticipants1 & av]age balances & uses 
= all products describ$ 9 p>agraphs 7#i7
 & 7#aj7 ( section #djd7;a7 ( title #ci1
 ,unit$ ,/ates ,code1 z add$ by         
subsection 7a7 ( ?is section4