,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #cdff  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #ah1 #bjbc,mr4   
,b>r 7= himself & ,mr4 ,l\d]milk7       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices1 & 9
 addition to ! ,committee on ,rules1 = a
 p]iod to be subsequ5tly det]m9$ by !   
,speak]1 9 ea* case = consid]ation ( su*
 provisions z fall )9 ! jurisdiction ( !
 committee conc]n$  ,a ,,bill  ,to      
enhance ,f9ancial ,/ability ,ov]sight   
,c\ncil transp>5cy4  #a4 ,,fsoc         
transp>5cy  7a7 ,f9ancial ,/ability ,act
 ( #bjaj ,! ,f9ancial ,/ability ,act (  
#bjaj 7#ab ,u4,s4,c4 #ecaa et seq47 is  
am5d$-- 7#a7 9 section #aaa-- 7,a7 9    
subsection 7b77#a7-- 7i7 9 subp>agraph  
7,i71 by /rik+ & at ! end2  7ii7 9      
subp>agraph 7,j71 by /rik+ ! p]iod at ! 
end & ins]t+ 2 &2 &  7iii7 by add+ at ! 
end ! foll[+3  7,k7 an indep5d5t memb]  
appo9t$ by ! ,presid5t1 by & ) ! advice 
& cons5t ( ! ,s5ate1 & n ( ! same       
political p>ty z ! ,presid5t4  2  7,b7 9

 subsection 7c7-- 7i7 9 p>agraph 7#a71  
by /rik+ indep5d5t memb] & ins]t+       
indep5d5t memb]s2 &  7ii7 9 p>agraph    
7#d7-- 7,i7 9 ! head+1 by /rik+         
indep5d5t memb] & ins]t+ indep5d5t      
memb]s2 &  7,,ii7 by /rik+ subsection   
7b77#a77;,j7 & ins]t+ subp>agraph 7,j7  
or 7,k7 ( subsection 7b77#a72  7,c7 by  
/rik+ subsection 7d72  7,d7 by          
r$esignat+ subsections 7e7 ?r\gh 7j7 z  
subsections 7d7 ?r\gh 7i71 respectively2
  7,e7 9 subsection 7d71 z s r$esignat$1
 by add+ at ! end ! foll[+3  7#c7       
,notice to ,congress ,! ,*airp]son %all 
notify ! *air & rank+ memb]s ( !        
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb]s ( ! ,committee on ,bank+1 ,h\s+1
 & ,urban ,affairs ( ! ,s5ate ( a meet+ 
at ! same "t z ! meet+ p>ticipants are  
notifi$4  2  7,f7 9 subsection 7f71 z s 
r$esignat$1 by /rik+ 1 or to any special
 advisory1 te*nical1 or pr(essional     
committee appo9t$ by ! ,c\ncil1 except  
t1 if an advisory1 te*nical1 or         

pr(essional committee has "o or m memb]s
 :o are n employees ( or affiliat$ ) !  
,unit$ ,/ates ,gov]nm5t1 ! ,c\ncil %all 
publi% a li/ ( ! names ( ! memb]s ( su* 
committee2  7,g7 9 subsection 7g71 z s  
r$esignat$1 by ins]t+ be=e ! p]iod at ! 
end ! foll[+3 1 b if su* s]vices1 funds1
 facilities1 /aff1 or o!r support       
s]vices are provid$ ) respect to any    
,c\ncil program or activity t has1 or is
 plann$ to h1 duration ( great] ?an #ij 
days1 ! ,c\ncil %all notify ,congress ( 
su* provision2 &  7,h7 9 subsection 7i71
 z s r$esignat$1 by add+ at ! end !     
foll[+3 ,! ,c\ncil %all report on su*   
detail$ employees on a mon?ly basis to  
,congress42  7#b7 9 section #aab-- 7,a7 
9 subsection 7a77#b7-- 7i7 9 subp>agraph
 7,a71 by ins]t+ aft] sy/em ! foll[+3 & 
only aft] notify+ ,congress2  7ii7 by   
/rik+ subp>agraphs 7,d7 & 7,i72  7iii7  
by r$esignat+ subp>agraphs 7,e71 7,f71  
7,g71 7,h71 7,j71 7,k71 7,l71 7,m71 &   
7,n7 z subp>agraphs 7,d7 ?r\gh 7,l71    
respectively2  7iv7 9 subp>agraph 7,d71 

z s r$esignat$1 by /rik+ ag5cies & &    
ins]t+ ag5cies1 ,congress1 &2  7v7 9    
subp>agraph 7,e71 z s r$esignat$1 by    
ins]t+ aft] to ! memb] ag5cies ! foll[+3
 1 ! *air & rank+ memb] ( ! ,committee  
on ,f9ancial ,s]vices ( ! ,h\se (       
,repres5tatives & ! *air & rank+ memb] (
 ! ,committee on ,bank+1 ,h\s+1 & ,urban
 ,affairs ( ! ,s5ate2  7vi7 9           
subp>agraph 7,g71 z s r$esignat$1 by    
/rik+ may2  7vii7 9 subp>agraph 7,h71 z 
s r$esignat$1 by ins]t+ be=e ! semicolon
 ! foll[+3 1 & notify ! *air & rank+    
memb] ( ! ,committee on ,f9ancial       
,s]vices ( ! ,h\se ( ,repres5tatives & !
 *air & rank+ memb] ( ! ,committee on   
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate ( su* id5tifications2  7viii7 9  
subp>agraph 7,i71 z s r$esignat$1 by    
ins]t+ aft] prim>y f9ancial regulatory  
ag5cies to apply ! foll[+3 prim>y       
f9ancial regulatory ag5cies1 ! *air &   
rank+ memb] ( ! ,committee on ,f9ancial 
,s]vices ( ! ,h\se ( ,repres5tatives1 & 
! *air & rank+ memb] ( ! ,committee on  

,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate on ! co/s & b5efits ( apply+2 &  
7ix7 9 subp>agraph 7,j71 z s r$esignat$1
 by ins]t+ ! ,congress & be=e !         
,commission2  7,b7 9 subsection 7c71 by 
ins]t+ no lat] ?an #fj days aft] he>+12 
&  7,c7 9 subsection 7d7-- 7i7 9        
p>agraph 7#a7-- 7,i7 by /rik+ z necess>y
 & all t foll[s ?r\gh to monitor &      
ins]t+ z necess>y to monitor2  7,,ii7 by
 /rik+ 2 or & ins]t+ a p]iod2 &  7,,iii7
 by /rik+ subp>agraph 7,b72  7ii7 9     
p>agraph 7#b71 by ins]t+ be=e ! p]iod at
 ! end ! foll[+3 & to ,congress2  7iii7 
9 p>agraph 7#c71 by add+ at ! end !     
foll[+3  7,d ,congressional notification
 ,! ,c\ncil may n require ! submission (
 p]iodic & o!r reports "u ?is p>agraph  
until #cj days aft] ! ,c\ncil has       
notifi$ ! *air & rank+ memb] ( !        
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate ( !        
,c\ncil's int5tion to require su*       

submission4  2  7iv7 9 p>agraph 7#d71 by
 ins]t+ aft] ,c\ncil may ! foll[+3 1    
aft] notify+ ! *air & rank+ memb] ( !   
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate12 &  7v7 9 
p>agraph 7#e77;,a71 by ins]t+ be=e !    
p]iod at ! end ! foll[+3 1 except t     
,congress may reque/ any su* confid5tial
 data1 in=mation1 or reports2  7#c7 9   
section #aac-- 7,a7 9 subsection        
7a77#b7-- 7i7 9 subp>agraph 7,i71 by    
add+ & at ! end2  7ii7 9 subp>agraph    
7,j71 by /rik+ 2 & & ins]t+ a p]iod2 &  
7iii7 by /rik+ subp>agraph 7,k72  7,b7 9
 subsection 7b77#b7-- 7i7 9 subp>agraph 
7,i71 by add+ & at ! end2  7ii7 9       
subp>agraph 7,j71 by /rik+ 2 & & ins]t+ 
a p]iod2 &  7iii7 by /rik+ subp>agraph  
7,k72  7,c7 by /rik+ subsection 7f72    
7,d7 by r$esignat+ subsections 7g71 7h71
 & 7i7 z subsections 7f71 7g71 & 7h71   
respectively2  7,e7 9 subsection 7g71 z 
s r$esignat$1 by /rik+ subsection       

7d77#b71 7e77#c71 or 7f77#e7 & ins]t+   
subsection 7d77#b7 or 7e77#c72 &  7,f7  
by add+ at ! end ! foll[+3  7i7         
,congressional review  7#a7             
,notification ,if ! ,c\ncil makes a     
det]m9ation "u ?is section1 ! ,c\ncil   
%all imm$iately notify ,congress ( su*  
det]m9ation4  7#b7 ,effectiv5ess (      
det]m9ation ,a det]m9ation made by !    
,c\ncil "u ?is section-- 7,a7 may n take
 effect until ! end ( ! #fj-;day p]iod  
beg9n+ on ! date t ! ,c\ncil notifies ! 
,congress ( su* det]m9ation2 &  7,b7    
%all h no =ce or effect if disapprov$1 z
 provid$ "u ?is subsection4  7#c7       
,congressional disapproval proc$ure     
7,a7 ,jo9t resolution def9$ ,= purposes 
( ?is p>agraph1 ! t]m jo9t resolution   
means only a jo9t resolution introduc$  
dur+ ! #fj-;day p]iod describ$ "u       
p>agraph 7#b77;,a71 ! matt] aft] !      
resolv+ clause ( :i* is z foll[s3 ,t    
,congress disapproves ! det]m9ation ( ! 
,f9ancial ,/ability ,ov]sight ,c\ncil   
submitt$ 9 a notification to ,congress  

on 1 & su* det]m9ation %all h no =ce or 
effect4 7,! blank space be+ fill$ 9 ) ! 
appropriate date474  7,b7 ,treatm5t 9   
,s5ate  7i7 ,9 ! ,s5ate1 if ! committee 
to :i* is ref]r$ a jo9t resolution has n
 report$ su* jo9t resolution 7or an     
id5tical jo9t resolution7 at ! end ( !  
#bj-;day p]iod beg9n+ on ! date         
,congress is notifi$ ( a det]m9ation1   
su* committee may be dis*>g$ f fur!r    
consid]ation ( su* jo9t resolution ^u a 
petition support$ 9 writ+ by #cj ,memb]s
 ( ! ,s5ate1 & su* jo9t resolution %all 
be plac$ on ! cal5d>4  7ii7 ,9 ! ,s5ate1
 :5 ! committee to :i* a jo9t resolution
 is ref]r$ has report$1 or :5 a         
committee is dis*>g$ 7"u clause 7i77 f  
fur!r consid]ation ( a jo9t resolution1 
x is at any "t !reaft] 9 ord] 7ev5 ?\gh 
a previ\s motion to ! same effect has   
be5 disagre$ to7 = a motion to proce$ to
 ! consid]ation ( ! jo9t resolution1 &  
all po9ts ( ord] aga9/ ! jo9t resolution
 7& aga9/ consid]ation ( ! jo9t         
resolution7 are waiv$4 ,! motion is n   

subject to am5dm5t1 or to a motion to   
po/pone1 or to a motion to proce$ to !  
consid]ation ( o!r bus9ess4 ,a motion to
 reconsid] ! vote by :i* ! motion is    
agre$ to or disagre$ to %all n be 9     
ord]4 ,if a motion to proce$ to !       
consid]ation ( ! jo9t resolution is     
agre$ to1 ! jo9t resolution %all rema9 !
 unf9i%$ bus9ess ( ! ,s5ate until       
dispos$ (4  7iii7 ,9 ! ,s5ate1 debate on
 ! jo9t resolution1 & on all debatable  
motions & appeals 9 connection !re)1    
%all be limit$ to n m ?an #aj h\rs1 :i* 
%all be divid$ equally betwe5 ^? favor+ 
& ^? oppos+ ! jo9t resolution4 ,a motion
 fur!r to limit debate is 9 ord] & n    
debatable4 ,an am5dm5t to1 or a motion  
to po/pone1 or a motion to proce$ to !  
consid]ation ( o!r bus9ess1 or a motion 
to recommit ! jo9t resolution is n 9    
ord]4  7iv7 ,9 ! ,s5ate1 imm$iately     
foll[+ ! conclusion ( ! debate on a jo9t
 resolution1 & a s+le quorum call at !  
conclusion ( ! debate if reque/$ 9      
accordance ) ! rules ( ! ,s5ate1 ! vote 

on f9al passage ( ! jo9t resolution %all
 occur4  7v7 ,9 ! ,s5ate1 appeals f !   
decisions ( ! ,*air relat+ to !         
application ( ! rules ( ! ,s5ate to !   
proc$ure relat+ to a jo9t resolution    
%all be decid$ )\t debate4  7vi7 ,9 !   
,s5ate1 ! proc$ure specifi$ 9 ?is       
subp>agraph %all n apply to !           
consid]ation ( a jo9t resolution aft] ! 
end ( ! #fj-;day p]iod describ$ "u      
p>agraph 7#b77;,a74  7#d7 ,treatm5t (   
jo9t resolution receiv$ f ! o!r ,h\se   
,if1 be=e ! passage by "o ,h\se ( a jo9t
 resolution ( t ,h\se1 t ,h\se receives 
f ! o!r ,h\se a jo9t resolution1 !n !   
foll[+ proc$ures %all apply3 7,a7 ,!    
jo9t resolution ( ! o!r ,h\se %all n be 
ref]r$ to a committee4  7,b7 ,) respect 
to a jo9t resolution ( ! ,h\se receiv+ !
 jo9t resolution-- 7i7 ! proc$ure 9 t   
,h\se %all be ! same z if no jo9t       
resolution _h be5 receiv$ f ! o!r ,h\se2
 b  7ii7 ! vote on f9al passage %all be 
on ! jo9t resolution ( ! o!r ,h\se4     
7#e7 ,treatm5t ( ?is p>agraph ,?is      

p>agraph is enact$ by ,congress-- 7,a7 z
 an ex]cise ( ! rulemak+ p[] ( ! ,s5ate 
& ,h\se ( ,repres5tatives1 respectively1
 & z su* x is deem$ a "p ( ! rules ( ea*
 ,h\se1 respectively1 b applicable only 
) respect to ! proc$ure to be foll[$ 9 t
 ,h\se 9 ! case ( a jo9t resolution1 & x
 sup]s$es o!r rules only to ! ext5t t x 
is inconsi/5t ) su* rules2 &  7,b7 )    
full recognition ( ! con/itutional "r ( 
ei!r ,h\se to *ange ! rules 7s f> z     
relat+ to ! proc$ure ( t ,h\se7 at any  
"t1 9 ! same mann]1 & to ! same ext5t z 
9 ! case ( any o!r rule ( t ,h\se4  2   
7#d7 9 section #aae-- 7,a7 9 subsection 
7a77#a71 by ins]t+ aft] recomm5dations  
to ! foll[+3 ! *air & rank+ memb] ( !   
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives1 ! *air & rank+ 
memb] ( ! ,committee on ,bank+1 ,h\s+1 &
 ,urban ,affairs ( ! ,s5ate1 &2  7,b7 9 
subsection 7c77#c71 by ins]t+ aft]      
recomm5dations to ! foll[+3 ! *air &    
rank+ memb] ( ! ,committee on ,f9ancial 
,s]vices ( ! ,h\se ( ,repres5tatives1 ! 

*air & rank+ memb] ( ! ,committee on    
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate1 &2  7,c7 9 subsection 7d7-- 7i7 
9 p>agraph 7#a71 by ins]t+ aft] make    
recomm5dations to ! ,bo>d ( ,gov]nors ! 
foll[+3 1 if ! *air & rank+ memb] ( !   
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate are notifi$
 ( su* recomm5dations12 &  7ii7 9       
p>agraph 7#b71 by ins]t+ aft] make      
recomm5dations to ! ,bo>d ( ,gov]nors ! 
foll[+3 1 if ! *air & rank+ memb] ( !   
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate are notifi$
 ( su* recomm5dations12  7,d7 9         
subsection 7e71 by ins]t+ aft] make     
recomm5dations to ! ,bo>d ( ,gov]nors ! 
foll[+3 1 if ! *air & rank+ memb] ( !   
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 

& ,urban ,affairs ( ! ,s5ate are notifi$
 ( su* recomm5dations12  7,e7 9         
subsection 7f71 by ins]t+ aft] make     
recomm5dations to ! ,bo>d ( ,gov]nors ! 
foll[+3 1 if ! *air & rank+ memb] ( !   
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate are notifi$
 ( su* recomm5dations12 &  7,f7 9       
subsection 7g71 by ins]t+ aft] make     
recomm5dations to ! ,bo>d ( ,gov]nors ! 
foll[+3 1 if ! *air & rank+ memb] ( !   
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate are notifi$
 ( su* recomm5dations12  7#e7 9 section 
#aaf7;a71 by ins]t+ aft] may ! foll[+3 1
 aft] notify+ ! *air & rank+ memb] ( !  
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate12  7#f7 9  
section #abj-- 7,a7 9 subsection 7a71 by

 ins]t+ aft] regulatory ag5cies !       
foll[+3 1 if ! *air & rank+ memb] ( !   
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate are notifi$
 ( su* recomm5dations12  7,b7 9         
subsection 7b7-- 7i7 9 p>agraph 7#a71 by
 ins]t+ aft] to ! public ! foll[+3 &    
,congress2 &  7ii7 9 p>agraph 7#b77;,a71
 by ins]t+ be=e ! semicolon ! foll[+3 1 
& ! notice requir$ "u p>agraph 7#a7 %all
 conta9 data1 me?odology1 & analysis    
detail+ su* co/s2  7,c7 9 subsection    
7c77#b71 by ins]t+ aft] recomm5d$ by !  
,c\ncil ! foll[+3 1 aft] notify+ ! *air 
& rank+ memb] ( ! ,committee on         
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! *air & rank+ memb] (
 ! ,committee on ,bank+1 ,h\s+1 & ,urban
 ,affairs ( ! ,s5ate ( su* imposition12 
7,d7 9 subsection 7e77#b77;,a71 by      
ins]t+ be=e ! p]iod at ! end ! foll[+3 1
 & notify ! *air & rank+ memb] ( !      
,committee on ,f9ancial ,s]vices ( !    

,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate ( su*      
det]m9ation & ! factors1 data1 &        
analysis lead+ to su* det]m9ation2 &    
7,e7 by add+ at ! end ! foll[+3  7f7    
,delay 9 implem5tation ,a prim>y        
f9ancial regulatory ag5cy may n implem5t
 a recomm5dation made by ! ,c\ncil "u   
subsection 7a7 until ! end ( ! #ij-;day 
p]iod beg9n+ on ! date su* recomm5dation
 is issu$4  2  7#g7 9 section #aba--    
7,a7 9 subsection 7d71 by ins]t+ aft]   
,gov]nors may ! foll[+3 1 aft] notify+ !
 *air & rank+ memb] ( ! ,committee on   
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! *air & rank+ memb] (
 ! ,committee on ,bank+1 ,h\s+1 & ,urban
 ,affairs ( ! ,s5ate12 &  7,b7 by add+  
at ! end ! foll[+3  7e7 ,notice to      
,congress2 delay 9 implem5tation ,!     
,bo>d ( ,gov]nors-- 7#a7 %all notify !  
*air & rank+ memb] ( ! ,committee on    
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! *air & rank+ memb] (

 ! ,committee on ,bank+1 ,h\s+1 & ,urban
 ,affairs ( ! ,s5ate ( an int5tion to   
take an action describ$ "u p>agraph 7#a7
 ?r\gh 7#e7 ( subsection 7a72 &  7#b7   
may n take su* an action until ! end ( !
 #fj-;day p]iod beg9n+ on ! date ( su*  
notification4  2  7#h7 9 section #abb-- 
7,a7 9 subsection 7a71 by /rik+ may     
audit & ins]t+ %all annually audit2 &   
7,b7 9 subsection 7b77#b7-- 7i7 by /rik+
 ,! ,comptroll] & ins]t+ ,! *air & rank+
 memb] ( ! ,committee on ,f9ancial      
,s]vices ( ! ,h\se ( ,repres5tatives1 ! 
*air & rank+ memb] ( ! ,committee on    
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate1 & ! ,comptroll]2 &  7ii7 by     
/rik+ z ! ,comptroll] ,g5]al & ins]t+ z 
! *air1 rank+ memb]1 or ,comptroll]     
,g5]al1 z applicable2  7#i7 9 section   
#aeb7;e71 by add+ at ! end ! foll[+3 ,! 
,(fice %all report on su* detail$       
employees on a mon?ly basis to          
,congress42  7#aj7 9 section #aec-- 7,a7
 9 subsection 7a7-- 7i7 9 p>agraph 7#c71
 by /rik+ ess5tial2  7ii7 by /rik+      

p>agraph 7#e72  7iii7 by r$esignat+     
p>agraphs 7#f7 & 7#g7 z p>agraphs 7#e7 &
 7#f71 respectively2 &  7iv7 9 p>agraph 
7#e71 z s r$esignat$1 by ins]t+ be=e !  
semicolon ! foll[+3 1 ! *air & rank+    
memb] ( ! ,committee on ,f9ancial       
,s]vices ( ! ,h\se ( ,repres5tatives1 & 
! *air & rank+ memb] ( ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate2  7,b7 9 subsection 7b7-- 7i7 9  
p>agraph 7#a7-- 7,i7 by ins]t+ aft] ) ! 
,c\ncil1 ! foll[+3 ! *air & rank+ memb] 
( ! ,committee on ,f9ancial ,s]vices ( !
 ,h\se ( ,repres5tatives1 ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate12 &  7,,ii7
 9 subp>agraph 7,b71 by ins]t+ be=e !   
semicolon ! foll[+3 & )\t prior notice (
 su* %>+ be+ provid$ to ! *air & rank+  
memb] ( ! ,committee on ,f9ancial       
,s]vices ( ! ,h\se ( ,repres5tatives & !
 *air & rank+ memb] ( ! ,committee on   
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate2  7ii7 9 p>agraph 7#b71 by ins]t+
 be=e ! semicolon ! foll[+3 1 aft]      

provid+ notice to ! *air & rank+ memb] (
 ! ,committee on ,f9ancial ,s]vices ( ! 
,h\se ( ,repres5tatives & ! *air & rank+
 memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate ( su*      
rese>* projects2  7iii7 9 p>agraph 7#c71
 by ins]t+ be=e ! p]iod at ! end !      
foll[+3 1 aft] provid+ notice to ! *air 
& rank+ memb] ( ! ,committee on         
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! *air & rank+ memb] (
 ! ,committee on ,bank+1 ,h\s+1 & ,urban
 ,affairs ( ! ,s5ate ( su* assi/ance2 & 
7,c7 9 subsection 7f77#a71 by /rik+ b   
only & ins]t+ b n e>li] ?an #fj days    
aft] ! ,director notifies ! ,committee  
on ,f9ancial ,s]vices ( ! ,h\se (       
,repres5tatives & ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate ( ! requirem5t to produce su*    
data & only2  7#aa7 9 section #aed--    
7,a7 9 subsection 7b7-- 7i7 9 p>agraph  
7#a77;,b77i71 by ins]t+ aft] by !       
,c\ncil1 ! foll[+3 aft] notify+ ! *air &
 rank+ memb] ( ! ,committee on ,f9ancial

 ,s]vices ( ! ,h\se ( ,repres5tatives & 
! *air & rank+ memb] ( ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate12 &  7ii7 9 p>agraph 7#b71 by    
add+ at ! end ! foll[+3  7,c7 ,review & 
report on ! co/ ( ! databases ,! ,data  
,c5t] %all review & report to !         
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! ,committee  
on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! 
,s5ate annually on ! co/ to ! ,gov]nm5t 
& ! co/ to private sector entities (    
ma9ta9+ ! f9ancial company ref]5ce      
database & ! f9ancial in/rum5t ref]5ce  
database1 relative to a detail$         
quantification ( b5efits4  2  7,b7 9    
subsection 7c77#a77;,e71 by ins]t+ be=e 
! semicolon ! foll[+3 or ,congress2 &   
7,c7 9 subsection 7d77#b7-- 7i7 9       
subp>agraph 7,b71 by /rik+ & at ! end2  
7ii7 9 subp>agraph 7,c71 by /rik+ !     
p]iod at ! end & ins]t+ 2 &2 &  7iii7 by
 add+ at ! end ! foll[+3  7,d7 evid5ce (
 ineffici5t1 ineffective1 or burd5some  
regulations4  2 &  7#ab7 9 section      

#aee7;d7-- 7,a7 by /rik+ ,beg9n+ &      
ins]t+ ! foll[+3  7#a7 ,9 g5]al ,beg9n+ 
2 &  7,b7 by add+ at ! end ! foll[+3    
7#b7 ,maximum assessm5t am\nt ,!        
aggregate am\nt ( assessm5ts collect$   
pursuant to p>agraph 7#a7 may n exce$ ! 
aggregate am\nt ( assessm5ts collect$ 9 
! mo/ rec5tly complet$ fiscal ye> end+  
be=e ! date ( enactm5t ( ?is p>agraph1 z
 su* aggregate am\nt is adju/$ annually 
by ! ,director ( ! ,(fice to reflect !  
*ange 9 ! ,consum] ,price ,index = ,all 
,urban ,consum]s publi%$ by ! ,bureau ( 
,labor ,/ati/ics ( ! ,dep>tm5t ( ,labor4
  4  7b7 ,con=m+ am5dm5ts  7#a7 ,title  
#e ,section #ecad ( title #e1 ,unit$    
,/ates ,code1 is am5d$ by /rik+         
,indep5d5t ,memb] ( ! ,f9ancial         
,/ability ,ov]sight ,c\ncil 7#a7 &      
ins]t+ ,indep5d5t ,memb]s ( ! ,f9ancial 
,/ability ,ov]sight ,c\ncil 7#b74  7#b7 
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act ,! table (    
cont5ts 9 section #a7;b7 ( !            
,dodd-,frank ,wall ,/reet ,re=m &       

,consum] ,protection ,act is am5d$ by   
ins]t+ aft] ! item relat+ to section    
#agf ! foll[+3  ,sec4 #agg4             
,congressional notice4  4