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Code · BILL · 115th Congress · H.R. 10 (Referred in Senate) — To create hope and opportunity for investors, consumers, and entrepreneurs by ending bailouts and Too Big to Fail, ho... · Sec. 712

Sec. 712. Bringing the Agency into the regular appropriations process

157 words·~1 min read·/bill/115/hr/10/rfs/section-712

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Section 1017 of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5497 ) is amended— in subsection (a)— by amending the heading of such subsection to read as follows: ; Budget, financial management, and audit.— by striking paragraphs (1), (2), and (3); by redesignating paragraphs
(4)and
(5)as paragraphs
(1)and (2), respectively; and by striking subparagraphs
(E)and
(F)of paragraph (1), as so redesignated; by striking subsections
(b)and (c); by redesignating subsections
(d)and
(e)as subsections
(b)and (c), respectively; and in subsection (c), as so redesignated— by striking paragraphs (1), (2), and
(3)and inserting the following: There is authorized to be appropriated to the Agency for each of fiscal years 2017 and 2018 an amount equal to the aggregate amount of funds transferred by the Board of Governors to the Bureau of Consumer Financial Protection during fiscal year 2015. ; and by redesignating paragraph
(4)as paragraph (2).
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Sec. 712
Bringing the Agency into the regular appropriations process
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