,,ib ,union ,cal5d> ,no4 #bfe #aag?     
,,congress  #b;d ,session  ,h4 ,r4 #gjjc
 ,report ,no4 #aag-cea ,,9 ,,! ,,h\se   
,,( ,,repres5tatives  ,m>* #h1 #bjbb,ms4
 ,wat]s 7= h]self & ,mr4 ,p]lmutt]7     
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices     
,june #g1 #bjbb;,additional sponsor3    
,mr4 ,david ,scott ( ,georgia  ,june #g1
 #bjbb,report$ ) an am5dm5t1 committ$ to
 ! ,committee ( ! ,:ole ,h\se on ! ,/ate
 ( ! ,union1 & ord]$ to be              
printed,strike out all aft] ! enact+    
clause & ins]t ! "p pr9t$ 9 italic,for  
text ( introduc$ bill1 see copy ( bill z
 introduc$ on ,m>* #h1 #bjbb  ,a ,,bill 
,to am5d ! ,f$]al ,cr$it ,union ,act to 
p]mit cr$it unions to s]ve c]ta9        
und]s]v$ areas1 & = o!r purposes4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,exp&+ ,f9ancial ,access = ,und]s]v$    
,communities ,act4  #b4 ,cr$it union    
s]vice to und]s]v$ areas ,section #aji (
 ! ,f$]al ,cr$it ,union ,act 7#ab       
,u4,s4,c4 #agei7 is am5d$-- 7#a7 9      

subsection 7c77#b7-- 7,a7 by /rik+ !    
field ( memb]%ip category ( :i* is      
describ$ 9 subsection 7b77#b712  7,b7 by
 am5d+ subp>agraph 7,a7 to read z       
foll[s3  7,a7 ! ,bo>d det]m9es t ! local
 community1 neighborhood1 or rural      
di/rict is an und]s]v$ area2 &  2 &     
7,c7 9 subp>agraph 7,b71 by ins]t+ n    
lat] ?an #b ye>s aft] hav+ su* und]s]v$ 
area add$ to ! cr$it union's *>t]1 be=e 
! cr$it union2 &  7#b7 by add+ at ! end 
! foll[+3  7h7 ,*ange ( field ( memb]%ip
 to include und]s]v$ areas  7#a7 ,9     
g5]al ,if an exi/+ ,f$]al cr$it union   
applies to ! ,bo>d to alt] or exp& !    
field ( memb]%ip ( ! cr$it union to s]ve
 an und]s]v$ area1 ! cr$it union %all   
submit a bus9ess & m>ket+ plan ) su*    
application t expla9s ! cr$it union's   
ability & int5t to s]ve ! population ( !
 und]s]v$ area ?r\gh ! *ange 9 field (  
memb]%ip4  7#b7 ,report by cr$it union  
,n lat] ?an #b ye>s aft] ! date on :i* a
 ,f$]al cr$it union's application       
describ$ "u p>agraph 7#a7 is approv$1 ! 

cr$it union1 z "p ( ! ord9>y c\rse ( !  
exam9ation cycle & sup]vision process1  
%all submit a report to ! ,adm9i/ration 
t includes-- 7,a7 an e/imate ( ! numb] (
 memb]s ( ! cr$it union :o are memb]s by
 reason ( ! application2  7,b7 a        
description ( ! types ( f9ancial s]vices
 utiliz$ by memb]s ( ! cr$it union :o   
are memb]s by reason ( ! application2 & 
7,c7 an update ( ! cr$it union's        
implem5tation ( ! bus9ess & m>ket+ plan 
describ$ "u p>agraph 7#a74  4  #c4      
,memb] bus9ess l5d+ 9 und]s]v$ areas    
,section #ajg;,a7c77#a77;,b7 ( ! ,f$]al 
,cr$it ,union ,act 7#ab ,u4,s4,c4       
#ageg;a7c77#a77;,b77 is am5d$-- 7#a7 9  
clause 7iv71 by /rik+ or at ! end2  7#b7
 9 clause 7v71 by /rik+ ! p]iod & ins]t+
 2 or2 &  7#c7 by add+ at ! end !       
foll[+3  7vi7 t is made to a memb] or   
associat$ borr[] t lives 9 or op]ates 9 
an und]s]v$ area4  4  #d4 ,und]s]v$ area
 def9$ ,section #aja ( ! ,f$]al ,cr$it  
,union ,act 7#ab ,u4,s4,c4 #ageb7 is    
am5d$-- 7#a7 9 p>agraph 7#h71 by /rik+ 2

 & & ins]t+ a p]iod2  7#b7 9 p>agraph   
7#i71 by /rik+ ! p]iod at ! end & ins]t+
 2 &2 &  7#c7 by add+ at ! end ! foll[+3
  7#aj7 ,! t]m und]s]v$ area means a    
geographic area consi/+ ( "o or m       
population c5sus tracts or "o or m      
c\nties1 t encompass or are locat$ )9-- 
7,a7 an inve/m5t area1 z def9$ "u       
section #ajc7af7 ( ! ,community         
,developm5t ,bank+ & ,f9ancial          
,in/itutions ,act ( #aiid2  7,b7 gr\ps (
 contigu\s c5sus tracts 9 :i* at lea/   
#he p]c5t individually qualify z        
l[-income communities1 z def9$ "u       
section #de;,d7e7 ( ! ,int]nal ,rev5ue  
,code ( #aihf2 or  7,c7 an area t is m  
?an t5 miles1 z measur$ f ea* po9t along
 ! area's p]imet]1 f ! ne>e/ bran* ( a  
depository in/itution 7z def9$ "u       
section #c ( ! ,f$]al ,deposit          
,insurance ,act7 or cr$it union4  4  #e4
 ,reports by ! ,national ,cr$it ,union  
,adm9i/ration  7a7 ,initial report ,n   
lat] ?an #c ye>s aft] ! date ( enactm5t 
( ?is ,act1 b no soon] ?an #b ye>s aft] 

! date ( enactm5t ( ?is ,act1 !         
,national ,cr$it ,union ,adm9i/ration   
%all issue a report to ! ,committee on  
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate on ! implem5tation ( ! am5dm5ts  
made by ?is ,act4  7b7 ,update ,!       
,national ,cr$it ,union ,adm9i/ration   
%all issue an updat$ report on !        
implem5tation ( ! am5dm5ts made by ?is  
,act to ! committees describ$ "u        
subsection 7a7 on ! date t is #e ye>s   
aft] ! date on :i* ! ,adm9i/ration      
issues ! initial report "u subsection   
7a74  ,june #g1 #bjbb,report$ ) an      
am5dm5t1 committ$ to ! ,committee ( !   
,:ole ,h\se on ! ,/ate ( ! ,union1 &    
ord]$ to be pr9t$