Code · BILL · 118th Congress · H.R. 8338 (Reported in House) — To regulate small-dollar, short-term credit products, to protect the privacy of lenders, and to improve the unfair, d... · Sec. 401

Sec. 401. Rulemaking requirement

82 words·~1 min read·/bill/118/hr/8338/rh/section-401·

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Section 704B(e)(4) of the Equal Credit Opportunity Act ( 15 U.S.C. 1691c–2(e)(4) ) is amended— by striking The Bureau may, and inserting: The Bureau may, ; and by adding at the end the following: The Bureau shall, before deleting or modifying data under this paragraph, issue, through advance notice and comment, a rule that includes a description of what modifications and deletions the Bureau intends to make to the data and how such modifications and deletions will advance a privacy interest. .

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15 USC 1691c–2(e)(4)

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Sec. 401

Rulemaking requirement

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