,,ib ,union ,calendar ,no4 #bja #aaith  
,,congress  #ast ,session  ,h4 ,r4 #cddf
 ,report ,no4 #aai-bdd ,,in ,,the       
,,house ,,of ,,representatives  ,may    
#ae1 #bjbe,mr4 ,huizenga 7for himself1  
,mr4 ,barr1 ,mr4 ,meuser1 and ,mr4      
,rose7 introduced the following bill2   
which was referred to the ,committee on 
,financial ,services  ,september #h1    
#bjbe;,committed to the ,committee of   
the ,whole ,house on the ,state of the  
,union and ordered to be printed  ,a    
,,bill  ,to amend the ,federal ,deposit 
,insurance ,act to revise the membership
 requirements for the ,board of         
,directors of the ,federal ,deposit     
,insurance ,corporation1 and for other  
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,,fdic ,board       
,accountability ,act4  #b4 ,,fdic ,board
 of ,directors ,section #b of the       
,federal ,deposit ,insurance ,act 7#ab  
,u4,s4,c4 #ahab7 is amended-- 7#a7 in   
subsection 7a7-- 7,a7 in paragraph      
7#a7-- 7i7 in subparagraph 7,a71 by     

adding and at the end2 and  7ii7 by     
striking subparagraphs 7,b7 and 7,c7 and
 inserting the following3  7,b7 #d of   
whom shall be appointed by the          
,president1 by and with the advice and  
consent of the ,senate1 from among      
individuals who are citizens of the     
,united ,states1 #a of whom shall have  
,state bank supervisory experience1 and 
separately #a of whom shall have        
demonstrated primary experience working 
in or supervising depository            
institutions having less than           
#aj1jjj1jjj1jjj in total assets4  2 and 
7,b7 by adding at the end the following3
  7#c7 ,non-voting status of the        
,director of the ,bureau of ,consumer   
,financial ,protection ,the ,director of
 the ,bureau of ,consumer ,financial    
,protection shall serve as a non-voting 
observer to the ,board of ,directors of 
the ,corporation4  2  7#b7 in subsection
 7c7-- 7,a7 in paragraph 7#a71 by adding
 at the end the following3 ,no          
individual may be appointed as a member 

for more than two terms42 and  7,b7 by  
adding at the end the following3  7#d7  
,maximum length of service              
,notwithstanding any other provision of 
this ,act1 no person shall serve as a   
member for more than twelve years in    
total4  2  7#c7 in subsection 7d77#b7-- 
7,a7 by striking ,consumer ,financial   
,protection ,bureau each place such term
 appears and inserting ,bureau of       
,consumer ,financial ,protection2 and   
7,b7 by inserting or observer1 as the   
case may be1 after member2 and  7#d7 in 
subsection 7f77#b71 by striking or of   
the ,consumer ,financial ,protection    
,bureau4  ,september #h1                
#bjbe;,committed to the ,committee of   
the ,whole ,house on the ,state of the  
,union and ordered to be printed