Sec. 604. Final regulatory flexibility analysis
89 words·~1 min read·
/bill/118/hr/2798/rh/section-604·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 604(a) of title 5, United States Code, is amended by amending the second paragraph
(6)to read as follows: with respect to the Bureau of Consumer Financial Protection, a description of the steps the Bureau has taken to minimize any additional cost of credit for small entities and, where no significant alternatives for small entities was adopted, a detailed justification of the Bureau’s determination that the relative size and resources of small entities should have no bearing on the rule, supported by factual, policy and legal reasons. .