S.Amdt. 2171Senate115th Congress (2017-2019)
S.Amdt. 2171
Sponsored by
Sen. David Perdue (R-GA)
Submitted March 8, 2018
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Senate amendment submitted
March 8, 2018
Text
Submitted
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. ______