IB 
Union Calendar No. 414 
114TH CONGRESS 
2D SESSION 
H. R. 1486 
[Report No. 114–538] 
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 
MARCH 19, 2015 
Mr. BARR (for himself, Mr. DUFFY, Mr. NEUGEBAUER, Mr. PEARCE, Mr. 
STIVERS, and Mr. HULTGREN) introduced the following bill; which was 
referred to the Committee on Financial Services 
MAY 6, 2016 
Additional sponsors: Mr. GUINTA, Mr. TIPTON, Mr. ROTHFUS, Mr. 
PITTENGER, Mr. YOUNG of Iowa, Mr. CRENSHAW, Mr. HUIZENGA of 
Michigan, Mr. FINCHER, Mr. YOHO, Mr. ROHRABACHER, Mr. RIBBLE, 
Mr. RICE of South Carolina, Mrs. LOVE, Mr. THOMPSON of Pennsyl-
vania, Mr. WALDEN, Mr. EMMER of Minnesota, Mr. TOM PRICE of Geor-
gia, Mr. ROKITA, Mr. KELLY of Pennsylvania, Mrs. WALORSKI, Mr. 
HURT of Virginia, Mr. GRAVES of Louisiana, Mr. RODNEY DAVIS of Illi-
nois, Mr. GIBBS, Mr. ALLEN, Mr. WILSON of South Carolina, Mr. 
LAMALFA, Mr. COLE, Mr. CHABOT, Mr. POLIQUIN, Mr. JORDAN, Mr. 
STEWART, Mr. DESANTIS, Mr. GOSAR, Mr. PALMER, Mr. LUCAS, Mr. 
AUSTIN SCOTT of Georgia, Mr. CONAWAY, Mr. LUETKEMEYER, Mr. 
BABIN, Mr. WILLIAMS, Mr. BOUSTANY, Mr. SESSIONS, Mr. SHUSTER, 
and Mr. YOUNG of Alaska 
MAY 6, 2016 
Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed 
[Strike out all after the enacting clause and insert the part printed in italic] 
[For text of introduced bill, see copy of bill as introduced on March 19, 2015] 
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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. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Taking Account of Bu-
reaucrats’ Spending Act of 2016’’ or the ‘‘TABS Act of 
2016’’. 
SEC. 2. BRINGING THE BUREAU INTO THE REGULAR APPRO-
PRIATIONS PROCESS. 
Section 1017 of the Consumer Financial Protection 
Act of 2010 (12 U.S.C. 5497) is amended— 
(1) in subsection (a)— 
(A) by amending the heading of such sub-
section to read as follows: ‘‘BUDGET, FINANCIAL 
MANAGEMENT, AND AUDIT.—’’; 
(B) by striking paragraphs (1), (2), and 
(3); 
(C) by redesignating paragraphs (4) and 
(5) as paragraphs (1) and (2), respectively; and 
(D) by striking subparagraphs (E) and (F) 
of paragraph (1), as so redesignated; 
(2) by striking subsections (b) and (c); 
(3) by redesignating subsections (d) and (e) as 
subsections (b) and (c), respectively; and 
(4) in subsection (c), as so redesignated— 
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(A) by striking paragraphs (1), (2), and (3) 
and inserting the following: 
‘‘(1) AUTHORIZATION
OF
APPROPRIATIONS.— 
There is authorized to be appropriated to the Bureau 
for fiscal year 2017 an amount equal to the aggregate 
amount of funds transferred by the Board of Gov-
ernors to the Bureau during fiscal year 2015.’’; and 
(B) by redesignating paragraph (4) as 
paragraph (2). 
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Union Calendar No. 414 
114TH CONGRESS 
2D SESSION 
H. R. 1486 
[Report No. 114–538] 
A BILL 
To amend the Consumer Financial Protection Act 
of 2010 to bring the Bureau of Consumer Finan-
cial Protection into the regular appropriations 
process, and for other purposes. 
MAY 6, 2016 
Reported with an amendment, committed to the Com-
mittee of the Whole House on the State of the Union, 
and ordered to be printed 
VerDate Sep 11 2014 
21:24 May 06, 2016
Jkt 059200
PO 00000
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