Sec. 925. Bringing the Bureau into the regular appropriations process
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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 Bureau for each of fiscal years 2018 and 2019 an amount equal to the aggregate amount of funds transferred by the Board of Governors to the Bureau during fiscal year 2015. ; and by redesignating paragraph
(4)as paragraph (2). The amendments made by subsection
(a)shall take effect on October 1, 2018. Notwithstanding paragraph (1), subparagraph
(C)of section 1017(a)(2) of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5497(a)(2) ) is repealed effective on the date of the enactment of this Act.
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Sec. 925
Bringing the Bureau into the regular appropriations process
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