H. R. 969
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
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.
This Act may be cited as the
Taking Account of Bureaucrats’ Spending Act of 2019 or the
TABS Act of 2019.
Bringing the Bureau into the regular appropriations process
Section 1017 of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497) is amended—
in subsection (a)—
by amending the heading of such subsection to read as follows:
Budget, financial management, and audit.—;
by striking paragraphs (1), (2), and (3);
by redesignating paragraphs (4) and (5) as paragraphs (1) and (2), respectively; and
by striking subparagraphs (E) and (F) of paragraph (1), as so redesignated;
by striking subsections (b) and (c);
by redesignating subsections (d) and (e) as subsections (b) and (c), respectively; and
in subsection (c), as so redesignated—
by striking paragraphs (1), (2), and (3) and inserting the following:
Authorization of appropriations
There are authorized to be appropriated such sums as may be necessary to carry out this title for each of fiscal years 2019 and 2020.
by redesignating paragraph (4) as paragraph (2).