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H.R. 1IntroducedHouseSenatePresidentLawBecame law
Sec. 50003 · H.R. 1

Bureau of Consumer Financial Protection

Title V — Committee on Financial Services

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No wording changed between Passed the House and On the Senate calendar.

How the text changed

Passed the House → On the Senate calendar · Sec. 50003

Section 1017(a)(2) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497(a)(2)) is amended— (1) in subparagraph (A)(iii)— (A) by striking 12 percent and inserting 5 percent; and (B) by striking 2013 and inserting 2025; and (2) by striking subparagraph (C) and inserting the following: (C) Limitation on unobligated balances With respect to a fiscal year, the amount of unobligated balances of the Bureau may not exceed 5 percent of the dollar amount referred to in subparagraph (A)(iii), as adjusted under subparagraph (B). The Director shall transfer any excess amount of such unobligated balances to the general fund of the Treasury..

•HR 1 PCSSEC. 50003

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