Defunding any penalties assessed to the Bureau of Consumer Financial Protection Fund or the Consumer Financial Civil Penalty Fund

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AMENDMENT TO H.R. [XXXX], AS REPORTED

OFFERED BY [NAME OF MEMBER] OF [STATE]

At the end of the bill insert the following:

Sec. [XXX]. None of the funds made available under this or any other Act, or any prior Appropriations Act may be used to assess or collect any penalties under 12 U.S. Code § 5497 or any other Act to be transferred to the Bureau of Consumer Financial Protection Fund or the Consumer Financial Civil Penalty Fund.

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