,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #gjbb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #i1 #bjbb,mr4    
,fo/] introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to am5d ! ,f$]al  
,cr$it ,union ,act to modify requirem5ts
 relat+ to ! regulation & exam9ation (  
cr$it union organizations & s]vice      
provid]s1 to provide ! ,director ( !    
,f$]al ,h\s+ ,f9ance ,ag5cy ) ! au?ority
 to regulate ! provision ( s]vices      
provid$ to ! ,gov]nm5t-sponsor$         
ent]prises & ,f$]al ,home ,loan ,banks1 
& = o!r purposes4  #a4 ,%ort title ,?is 
,act may be cit$ z ! ,/r5g!n+           
,cyb]security = ! ,f9ancial ,sector ,act
 ( #bjbb4  #b4 ,regulation & exam9ation 
( cr$it union organizations & s]vice    
provid]s ,section #bjf;,a ( ! ,f$]al    
,cr$it ,union ,act 7#ab ,u4,s4,c4       
#aghf;a7 is am5d$-- 7#a7 9 subsection   
7a77#a71 by /rik+ t & ins]t+ an2  7#b7 9
 subsection 7c77#b71 by ins]t+ aft] %all
 notify ! ,bo>d ! foll[+3 1 9 a mann] & 

me?od prescrib$ by ! ,bo>d12 &  7#c7 by 
/rik+ subsection 7f74  #c4 ,regulation (
 s]vice provid]s by ! ,f$]al ,h\s+      
,f9ance ,ag5cy ,subp>t ,a ( "p #b (     
subtitle ,a ( ! ,f$]al ,h\s+ ,ent]prises
 ,f9ancial ,safety & ,s\ndness ,act (   
#aiib 7#ab ,u4,s4,c4 #deda et seq47 is  
am5d$ by add+ at ! end ! foll[+ new     
section3  #acbi4 ,regulation &          
exam9ation ( c]ta9 s]vice provid]s      
,:5ev] a regulat$ entity or ! ,(fice (  
,f9ance causes to be p]=m$ = itself1 by 
contract or o!rwise1 any activity t is  
p]missible = ! regulat$ entity or !     
,(fice ( ,f9ance1 :e!r on or (f its     
premises-- 7#a7 su* p]=mance %all be    
subject to regulation & exam9ation by ! 
,director to ! same ext5t z if su*      
activity 7 be+ p]=m$ by su* entity or   
,(fice itself on its own premises2 &    
7#b7 ! regulat$ entity or ,(fice (      
,f9ance %all notify ! ,director ( !     
exi/5ce ( ! s]vice relation%ip )9 ?irty 
days aft] ! mak+ ( su* s]vice contract  
or ! p]=mance ( ! activity by ! s]vice  

provid]1 :i*ev] occurs fir/4  4