An amendment numbered 4 printed in House Report 112-172 to clarify that the nonvoting members of the council are allowed to petition against any rule made by the Consumer Financial Protection Bureau (CFPB), even if they represent an industry the CFPB is not permitted to regulate.

1. 1

   Change 1: Replaces “Section” with new text

   ReplacesPage 1, line 6Printed page

   Struck: Section

   Inserted: (a) In General.--Section

   Original wording

   Page 1, line 6, strike “Section” and insert the following:

2. 2

   Change 2: Inserts new text on page 1, line 12

   InsertsPrinted page

   Inserted: (b) Petition by Nonvoting Members; No Restrictions on Petition Subject Matter.--Section 1023 of the Dodd-Frank Wall Street Reform and Consumer Protection act is amended by adding at the end the following new subsection:

   Inserted: "(g) Petition by Nonvoting Members.--Notwithstanding any other subsection of this section, the provisions of this section shall apply to a petition by a nonvoting member of the Council to the same extent that they apply to a petition by an agency represented by a member of the Council.

   Inserted: "(h) No Restrictions on Petition Subject Matter.--Petitions made under this section may be made by an agency or a nonvoting member of the Council on any subject matter, regardless of the areas of particular expertise of such agency or nonvoting member.".

   Original wording

   Page 1, after line 12, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed