,,ii  #aah? ,,congress  #a/ ,session    
,s4 #aaei  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,m>* #cj1 #bjbc,mr4    
,boozman 7= himself1 ,mr4 ,da9es1 ,ms4  
,lummis1 ,mr4 ,cram]1 ,mr4 ,grassley1 & 
,mr4 ,k5n$y7 introduc$ ! foll[+ bill2   
:i* 0 read twice & ref]r$ to !          
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs  ,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 ) t 
rule or guidance1 reg>dless ( ! date on 
:i* t f9ancial in/itution began !       
op]ations ( ! f9ancial in/itution4  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 %all be 
requir$ to comply ) ! rule or guidance b
 %all n be 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 any p>tn]%ip1 company1            
corporation1 association 7incorporat$ or
 un9corporat$71 tru/1 e/ate1 coop]ative 
organization1 or o!r entity t-- 7,a7    
engages 9 any f9ancial activity2 &  7,b7
 9 ea* ( ! #b cal5d> ye>s prec$+ ! fir/ 
day ( ! safe h>bor p]iod describ$ 9     

subsection 7g77#d77;,b71 orig9at$ n less
 ?an #ejj cr$it transactions = small    
bus9esses4  2 &  7,b7 by /rik+ p>agraph 
7#b7 & ins]t+ ! foll[+3  7#b7 ,small    
bus9ess ,! t]m small bus9ess means any  
entity ) gross annual rev5ues ( n m ?an 
#a1jjj1jjj 9 ! mo/ rec5tly complet$     
fiscal ye> prec$+ ! fir/ day ( ! safe   
h>bor p]iod describ$ 9 subsection       
7g77#d77;,b74  4