[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 3394 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 3394

   To address fee disclosure requirements under the Electronic Fund 
 Transfer Act, to amend the Federal Deposit Insurance Act with respect 
to information provided to the Bureau of Consumer Financial Protection, 
                        and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 17, 2012

  Mr. Johnson of South Dakota (for himself, Mr. Shelby, Mr. Brown of 
  Ohio, Mr. Johanns, Mrs. McCaskill, Mr. Crapo, Mr. Tester, and Mrs. 
Hagan) introduced the following bill; which was read twice and referred 
        to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
   To address fee disclosure requirements under the Electronic Fund 
 Transfer Act, to amend the Federal Deposit Insurance Act with respect 
to information provided to the Bureau of Consumer Financial Protection, 
                        and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. FEE DISCLOSURE REQUIREMENT.

    Section 904(d)(3)(B) of the Electronic Fund Transfer Act (15 U.S.C. 
1693b(d)(3)(B)) is amended--
            (1) in the subparagraph heading, by striking 
        ``requirements.--'' and inserting ``requirement.--'';
            (2) by striking clause (i);
            (3) by striking ``(ii) On the screen.--''; and
            (4) by striking ``, except that during the period 
        beginning'' and all that follows through the end and inserting 
        a period.

SEC. 2. FDIA AMENDMENTS REGARDING DISCLOSURES TO THE BUREAU OF CONSUMER 
              FINANCIAL PROTECTION.

    The Federal Deposit Insurance Act (12 U.S.C. 1811 et seq.) is 
amended--
            (1) in section 11(t)(2)(A) (12 U.S.C. 1821(t)(2)(A)), by 
        inserting after clause (v) the following:
                            ``(vi) The Bureau of Consumer Financial 
                        Protection.''; and
            (2) in section 18(x) (12 U.S.C. 1828(x))--
                    (A) by inserting ``the Bureau of Consumer Financial 
                Protection,'' before ``any Federal banking agency'' 
                each place that term appears; and
                    (B) by striking ``such agency'' each place that 
                term appears and inserting ``such Bureau, agency''.
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