Sec. 501 Bringing the Bureau of Consumer Financial Protection 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), (c), and (d);
by redesignating subsection (e) as subsection (b); and
in subsection (b), as so redesignated—
by striking paragraphs (1), (2), and (3) and inserting the following:
“(1) Authorization of appropriations—There is authorized to be appropriated $200,000,000 to carry out this title for each of fiscal years 2013 and 2014.”
by redesignating paragraph (4) as paragraph (2).