,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #ahjf  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #bg1 #bjbc,mr4   
,hill 7= himself1 ,mr4 ,williams (      
,texas1 & ,mr4 ,luetkemey]7 introduc$ ! 
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to am5d ! ,equal ,cr$it        
,opportunity ,act to modify !           
requirem5ts associat$ ) small bus9ess   
loan data collection1 & = o!r purposes4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,small ,l5d]s ,exempt f ,new ,data &  
,excessive ,report+ ,act or ! ,small    
,,l5d] ,act4  #b4 ,small bus9ess loan   
data collection ,section #gjd;,b ( !    
,equal ,cr$it ,opportunity ,act 7#ae    
,u4,s4,c4 #afia;c-#b7 is am5d$--  7#a7 9
 subsection 7g71 by add+ at ! end !     
foll[+3  7#d7 ,compliance  7,a7 ,9 g5]al
 ,) respect to any rules or guidance    
issu$ "u ?is subsection on or aft] !    
date ( ! enactm5t ( ?is p>agraph1 !     
,bureau %all provide a f9ancial         
in/itution a #c-ye> p]iod to comply )   

su* rule or guidance1 reg>dless ( ! date
 on :i* su* f9ancial in/itution began   
its op]ations4  7,b7 ,safe h>bor ,)     
respect to any rules or guidance issu$  
"u ?is subsection on or aft] ! date ( ! 
enactm5t ( ?is p>agraph1 beg9n+ on !    
date aft] ! la/ day ( ! #c-ye> p]iod    
describ$ 9 subp>agraph 7,a71 ! ,bureau  
%all provide a #b-ye> safe h>bor to     
f9ancial in/itutions dur+ :i* ea* su*   
f9ancial in/itution is requir$ to comply
 ) ! rule or guidance b n subject to any
 p5alties = failure to comply4  2 &     
7#b7 9 subsection 7h7--  7,a7 by /rik+  
p>agraph 7#a7 & ins]t+ ! foll[+3  7#a7  
,f9ancial in/itution ,! t]m f9ancial    
in/itution means--  7,a7 any p>tn]%ip1  
company1 corporation1 association       
7incorporat$ or un9corporat$71 tru/1    
e/ate1 coop]ative organization1 or o!r  
entity t engages 9 any f9ancial         
activity2 &  7,b7 9 ea* ( ! two cal5d>  
ye>s prec$+ ! fir/ day ( ! safe h>bor   
p]iod describ$ 9 subsection             
7g77#d77;,b71 orig9at$ n less ?an #ejj  

cr$it transactions = small bus9esses4  2
 &  7,b7 by /rik+ p>agraph 7#b7 & ins]t+
 ! foll[+3  7#b7 ,small bus9ess ,! t]m  
small bus9ess means any entity ) gross  
annual rev5ues ( #a1jjj1jjj or less 9 ! 
mo/ rec5tly complet$ fiscal ye> prec$+ !
 fir/ day ( ! safe h>bor p]iod describ$ 
9 subsection 7g77#d77;,b74  4