[Congressional Record Volume 164, Number 41 (Thursday, March 8, 2018)]
[Senate]
[Page S1592]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2171. Mr. PERDUE (for himself, Mr. Hoeven, Mr. Kennedy, Mr. Scott,
Mr. Isakson, Mr. Daines, Mr. Paul, Mr. Lee, Mr. Enzi, and Mr. Rubio)
submitted an amendment intended to be proposed by him to the bill S.
2155, to promote economic growth, provide tailored regulatory relief,
and enhance consumer protections, and for other purposes; which was
ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. ___. SUBJECTING THE BUREAU OF CONSUMER FINANCIAL
PROTECTION TO THE REGULAR APPROPRIATIONS
PROCESS.
(a) In General.--Section 1017 of the Consumer Financial
Protection Act of 2010 (12 U.S.C. 5497) is amended--
(1) in subsection (a)--
(A) in the subsection heading, by striking ``Transfer of
Funds From Board Of Governors.--'' and inserting ``Budget and
Financial Management.--'';
(B) by striking paragraphs (1) through (3);
(C) by redesignating paragraphs (4) and (5) as paragraphs
(1) and (2), respectively; and
(D) in paragraph (1), as so redesignated--
(i) in the paragraph heading, by striking ``Budget and
financial management.--'' and inserting ``In general.--'';
(ii) by striking subparagraph (E); and
(iii) by redesignating subparagraph (F) as subparagraph
(E);
(2) by striking subsections (b) through (d);
(3) by redesignating subsection (e) as subsection (b); and
(4) in subsection (b), as so redesignated--
(A) by striking paragraphs (1) through (3) and inserting
the following:
``(1) Authorization of appropriations.--There is authorized
to be appropriated such funds as may be necessary to carry
out this title for fiscal year 2020.''; and
(B) by redesignating paragraph (4) as paragraph (2).
(b) Effective Date.--The amendments made by this Act shall
take effect on October 1, 2019.
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