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116TH CONGRESS
1ST SESSION
H. R. 969
To amend the Consumer Financial Protection Act of 2010 to bring the
Bureau of Consumer Financial Protection into the regular appropriations
process, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY 5, 2019
Mr. BARR (for himself, Mr. HILL of Arkansas, Mr. STIVERS, Mr. TIPTON, Mr.
LOUDERMILK, Mr. HUIZENGA, Mr. ZELDIN, Mr. WEBER of Texas, Mr.
POSEY, Mr. DUNN, Mr. AUSTIN SCOTT of Georgia, Mr. ALLEN, Mr.
EMMER, Mr. DUFFY, Mr. ROUZER, Mr. DAVIDSON
of Ohio, Mr.
RIGGLEMAN, Mr. BUDD, Mr. WALBERG, Mr. ABRAHAM, Mr. KELLY of
Mississippi, Mr. BABIN, Mr. DAVID P. ROE of Tennessee, Mr. NORMAN,
Mr. CRENSHAW, Mr. JOHN W. ROSE of Tennessee, Mr. LAMALFA, Mr.
GALLAGHER, and Mr. HICE of Georgia) introduced the following bill;
which was referred to the Committee on Financial Services
A BILL
To amend the Consumer Financial Protection Act of 2010
to bring the Bureau of Consumer Financial Protection
into the regular appropriations process, and for other
purposes.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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•HR 969 IH
SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Taking Account of Bu-
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reaucrats’ Spending Act of 2019’’ or the ‘‘TABS Act of
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2019’’.
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SEC. 2. BRINGING THE BUREAU INTO THE REGULAR AP-
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PROPRIATIONS PROCESS.
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Section 1017 of the Consumer Financial Protection
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Act of 2010 (12 U.S.C. 5497) is amended—
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(1) in subsection (a)—
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(A) by amending the heading of such sub-
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section to read as follows: ‘‘BUDGET, FINAN-
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CIAL MANAGEMENT, AND AUDIT.—’’;
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(B) by striking paragraphs (1), (2), and
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(3);
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(C) by redesignating paragraphs (4) and
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(5) as paragraphs (1) and (2), respectively; and
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(D) by striking subparagraphs (E) and (F)
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of paragraph (1), as so redesignated;
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(2) by striking subsections (b) and (c);
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(3) by redesignating subsections (d) and (e) as
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subsections (b) and (c), respectively; and
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(4) in subsection (c), as so redesignated—
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(A) by striking paragraphs (1), (2), and
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(3) and inserting the following:
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‘‘(1) AUTHORIZATION
OF
APPROPRIATIONS.—
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There are authorized to be appropriated such sums
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•HR 969 IH
as may be necessary to carry out this title for each
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of fiscal years 2019 and 2020.’’; and
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(B) by redesignating paragraph (4) as
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paragraph (2).
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Æ
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