,,ib ,union ,cal5d> ,no4 #bjh #aai?     
,,congress  #a/ ,session  ,h4 ,r4 #ddfj 
,report ,no4 #aai-bea ,,9 ,,! ,,h\se ,,(
 ,,repres5tatives  ,july #af1 #bjbe,mr4 
,meus] introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,septemb] #h1 #bjbe;,committ$ 
to ! ,committee ( ! ,:ole ,h\se on !    
,/ate ( ! ,union & ord]$ to be pr9t$  ,a
 ,,bill  ,to require a guidance cl>ity  
/atem5t on c]ta9 f9ancial ag5cy         
guidance1 & = o!r purposes4  #a4 ,%ort  
title ,?is ,act may be cit$ z ! ,/op    
,ag5cy ,fiat ,en=cem5t ( ,guidance ,act 
or ! ,,safe ,guidance ,act4  #b4        
,guidance cl>ity /atem5t requir$  7a7 ,9
 g5]al ,! head ( ea* f9ancial ag5cy %all
 include a guidance cl>ity /atem5t z    
describ$ 9 subsection 7b7 on any        
guidance issu$ by t f9ancial ag5cy on & 
aft] ! date ( ! enactm5t ( ?is ,act4    
7b7 ,guidance cl>ity /atem5t ,a guidance
 cl>ity /atem5t requir$ "u subsection   
7a7 %all be display$ prom95tly on ! fir/
 page ( ! docum5t & %all include !      

foll[+3 ,?is guidance does n h ! =ce &  
effect ( law & !re=e does n e/abli% any 
rights or obligations = any p]son & is n
 b9d+ on ! ag5cy or ! public4 ,if ?is   
guidance sugge/s h[ regulat$ entities   
may comply ) applicable /atutes or      
regulations1 noncompliance ) ?is        
guidance does n conclusively e/abli% a  
violation ( applicable law44  7c7       
,def9itions ,9 ?is section3 7#a7        
,f9ancial ag5cy ,! t]m f9ancial ag5cy   
means ! foll[+3 7,a7 ,! ,bureau (       
,consum] ,f9ancial ,protection4  7,b7 ,!
 ,dep>tm5t ( ,h\s+ & ,urban ,developm5t4
  7,c7 ,! ,dep>tm5t ( ! ,treasury4  7,d7
 ,! ,f$]al ,deposit ,insurance          
,corporation4  7,e7 ,! ,f$]al ,h\s+     
,f9ance ,ag5cy4  7,f7 ,! ,bo>d (        
,gov]nors ( ! ,f$]al ,res]ve ,sy/em4    
7,g7 ,! ,national ,cr$it ,union         
,adm9i/ration4  7,h7 ,! ,(fice ( !      
,comptroll] ( ! ,curr5cy4  7,i7 ,!      
,securities & ,ex*ange ,commission4     
7#b7 ,guidance ,! t]m guidance means a  
f9ancial ag5cy /atem5t ( g5]al          

applicability1 int5d$ to h a future     
effect on ! behavior ( regulat$ p>ties1 
t sets =? a policy on a /atutory1       
regulatory1 or te*nical issue1 or an    
int]pretation ( a /atute or regulation1 
b does n include-- 7,a7 a rule          
promulgat$ pursuant to notice & comm5t  
"u section #eec ( title #e1 ,unit$      
,/ates ,code2  7,b7 a rule exempt f     
rulemak+ requirem5ts "u section #eec7;a7
 ( title #e1 ,unit$ ,/ates ,code2  7,c7 
a rule ( f9ancial ag5cy organization1   
proc$ure1 or practice2  7,d7 a decision 
( a f9ancial ag5cy adjudication "u      
section #eed ( title #e1 ,unit$ ,/ates  
,code1 or any simil> /atutory provision2
  7,e7 int]nal guidance direct$ to !    
issu+ f9ancial ag5cy or o!r ag5cy t is n
 int5d$ to h a sub/antial future effect 
on ! behavior ( regulat$ p>ties2 or     
7,f7 int]nal executive bran* legal      
advice or legal op9ions address$ to     
executive bran* (ficials4  ,septemb] #h1
 #bjbe;,committ$ to ! ,committee ( !    
,:ole ,h\se on ! ,/ate ( ! ,union &     

ord]$ to be pr9t$