,,ii  #aah? ,,congress  #a/ ,session    
,s4 #bbeb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ab1 #bjbc,mr4   
,k5n$y 7= himself & ,ms4 ,smi?7         
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to require ! ,f$]al bank+      
regulators to jo9tly conduct a /udy &   
develop a /rategic plan to address      
*all5ges fac$ by propos$ depository     
in/itutions seek+ de novo depository    
in/itution *>t]s1 & = o!r purposes4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,promot+ ,new & ,div]se ,depository     
,in/itutions ,act4  #b4 ,def9itions ,9  
?is ,act3 7#a7 ,depository in/itution ,!
 t]m depository in/itution-- 7,a7 has ! 
mean+ giv5 ! t]m 9 section #c ( ! ,f$]al
 ,deposit ,insurance ,act 7#ab ,u4,s4,c4
 #ahac72 &  7,b7 includes a ,f$]al cr$it
 union & a ,/ate cr$it union1 z ^? t]ms 
are def9$ 9 section #aja ( ! ,f$]al     
,cr$it ,union ,act 7#ab ,u4,s4,c4       
#ageb74  7#b7 ,community developm5t     

f9ancial in/itution ,! t]m community    
developm5t f9ancial in/itution has !    
mean+ giv5 9 section #ajc ( ! ,riegle   
,community ,developm5t & ,regulatory    
,improvem5t ,act ( #aiid 7#ab ,u4,s4,c4 
#dgjb74  7#c7 ,f$]al bank+ regulators ,!
 t]m ,f$]al bank+ regulators means !    
,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve    
,sy/em1 ! ,comptroll] ( ! ,curr5cy1 !   
,f$]al ,deposit ,insurance ,corporation1
 ! ,national ,cr$it ,union              
,adm9i/ration1 & ! ,director ( ! ,bureau
 ( ,consum] ,f9ancial ,protection4  7#d7
 ,m9ority depository in/itution ,! t]m  
m9ority depository in/itution has !     
mean+ giv5 9 section #cjh7;b7 ( !       
,f9ancial ,in/itutions ,re=m1 ,recov]y1 
& ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 
#adfc note74  #c4 ,/udy & /rategic plan 
7a7 ,9 g5]al ,! ,f$]al bank+ regulators 
%all jo9tly-- 7#a7 conduct a /udy ab\t !
 *all5ges fac$ by propos$ depository    
in/itutions1 includ+ propos$ m9ority    
depository in/itutions1 seek+ de novo   
depository in/itution *>t]s2 &  7#b7 n  

lat] ?an #ah mon?s aft] ! date (        
enactm5t ( ?is section1 submit to !     
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs ( ! ,s5ate & ! ,committee on   
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & publi% publically--   
7,a7 an analysis bas$ on ! /udy conduct$
 pursuant to p>agraph 7#a72  7,b7 any   
f9d+s f ! /udy conduct$ pursuant to     
p>agraph 7#a72 &  7,c7 any legislative  
recomm5dations t ! ,f$]al bank+         
regulators develop$ bas$ on ! /udy      
conduct$ pursuant to p>agraph 7#a74  7b7
 ,/rategic plan  7#a7 ,9 g5]al ,n lat]  
?an #ah mon?s aft] ! date ( enactm5t (  
?is section1 ! ,f$]al bank+ regulators  
%all jo9tly submit to ! ,committee on   
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate & ! ,committee on ,f9ancial      
,s]vices ( ! ,h\se ( ,repres5tatives &  
publi% publically a /rategic plan bas$  
on ! /udy conduct$ pursuant to          
subsection 7a7 & design$ to help propos$
 depository in/itutions 7includ+ propos$
 m9ority depository in/itutions7        

successfully apply = de novo depository 
in/itution *>t]s 9 a mann] t promotes   
increas$ availability ( bank+ & f9ancial
 s]vices1 safety & s\ndness1 consum]    
protection1 community re9ve/m5t1        
f9ancial /ability1 & a level play+      
field4  7#b7 ,cont5ts ( /rategic plan ,!
 /rategic plan describ$ 9 p>agraph 7#a7 
%all-- 7,a7 promote ! *>t]+ ( de novo   
depository in/itutions1 includ+-- 7i7   
propos$ m9ority depository in/itutions2 
&  7ii7 propos$ depository in/itutions t
 c\ld be c]tifi$ z community developm5t 
f9ancial in/itutions2 &  7,b7 describe  
actions ! ,f$]al bank+ regulators may   
take t w\ld increase ! numb] (          
depository in/itutions locat$ 9         
geographic areas :]e consum]s lack      
access to a bran* ( a depository        
in/itution4  7c7 ,public involvem5t ,:5 
conduct+ ! /udy & develop+ ! /rategic   
plan requir$ by ?is ,act1 ! ,f$]al bank+
 regulators %all invite comm5ts & o!r   
fe$back f ! public to in=m ! /udy &     
/rategic plan4