,i #aahth ,,congress #ast ,session ,h4 ,r4 #agdi ,,in ,,the ,,house ,,of ,,representatives ,march #bc1 #bjbc,mr4 ,fitzgerald 7for himself1 ,mr4 ,norman1 ,mr4 ,fallon1 and ,mrs4 ,miller of ,illinois7 introduced the following bill2 which was referred to the ,committee on the ,judiciary1 and in addition to the ,committees on ,small ,business1 and ,financial ,services1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to impose additional requirements for covered agencies in regulatory flexibility analysis4 #a4 ,short title ,this ,act may be cited as the ,making the ,,cfpb ,accountable to ,small ,businesses ,act of #bjbc4 #b4 ,rulemaking under ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act ,section #ajbb7;b77#b77;,a7 of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act 7#ab ,u4,s4,c4 #eeab7;b77#b77;,a77 is amended-- 7#a7 in clause 7i71 by striking and at the end2 7#b7 in clause 7ii71 by striking the semicolon at the end and inserting 2 and2 and 7#c7 by adding at the end the following3 7iii7 the impact of proposed rules on small entities1 in accordance with section #fji of title #e1 ,united ,states ,code2 4 #c4 ,initial regulatory flexibility analysis ,section #fjc7;d77#a7 of title #e1 ,united ,states ,code1 is amended-- 7#a7 in subparagraph 7,b71 by striking and at the end2 7#b7 in subparagraph 7,c71 by striking the period and inserting 2 and2 and 7#c7 by adding at the end the following3 7,d7 where the covered agency does not adopt any alternatives described in paragraphs 7#a7 through 7#d7 of subsection 7c71 a detailed justification of the covered agency's determination that the relative size and resources of small entities should have no bearing on the rule1 supported by factual1 policy and legal reasons4 4 #d4 ,final regulatory flexibility analysis ,section #fjd7;a7 of title #e1 ,united ,states ,code1 is amended in the second paragraph 7#f7 to read as follows3 7#g7 for a covered agency1 as defined in section #fji7;d77#b71 a description of the steps the agency has taken to minimize any additional cost of credit for small entities and1 where no significant alternatives for small entities was adopted1 a detailed justification of the covered agency's determination that the relative size and resources of small entities should have no bearing on the rule1 supported by factual1 policy and legal reasons4 4