CFPB Budget Integrity Act

Section 1017(a)(2) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5497(a)(2)) is amended by adding at the end the following new subparagraph:

For a fiscal year, the amount of unobligated balances of the Bureau may not exceed 5 percent of the dollar amount referred to in subparagraph (A)(iii). The Director shall transfer any excess amount of such unobligated balances to the general fund of the Treasury.

Section 1017(e)(4) of such Act (12 U.S.C. 5497(e)(4)) is amended by inserting (including a description of the use of any unobligated balances) after funds of the Bureau.