AMENDMENTS TO THE EXPEDITED FUNDS AVAILABILITY ACT.

SEC. 1086. AMENDMENTS TO THE EXPEDITED FUNDS AVAILABILITY ACT.(a) Amendment to Section 603.—Section 603(d)(1) of the Expedited Funds Availability Act (12 U.S.C. 4002) is amended by inserting after “Board” the following “, jointly with the Director of the Bureau of Consumer Financial Protection,”.(b) Amendments to Section 604.—Section 604 of the Expedited Funds Availability Act (12 U.S.C. 4003) is amended—(1) by inserting after “Board” each place that term appears, other than in subsection (f), the following: “, jointly with the Director of the Bureau of Consumer Financial Protection,”; and124 STAT. 2086(2) in subsection (f), by striking “Board.” each place that term appears and inserting the following: “Board, jointly with the Director of the Bureau of Consumer Financial Protection.”.(c) Amendments to Section 605.—Section 605 of the Expedited Funds Availability Act (12 U.S.C. 4004) is amended—(1) by inserting after “Board” each place that term appears, other than in the heading for section 605(f)(1), the following: “, jointly with the Director of the Bureau of Consumer Financial Protection,”; and(2) in subsection (f)(1), in the paragraph heading, by inserting “and bureau” after “board”.(d) Amendments to Section 609.—Section 609 of the Expedited Funds Availability Act (12 U.S.C. 4008) is amended:(1) in subsection (a), by inserting after “Board” the following “, jointly with the Director of the Bureau of Consumer Financial Protection,”; and(2) by striking subsection (e) and inserting the following:“(e) Consultations.—In prescribing regulations under subsections (a) and (b), the Board and the Director of the Bureau of Consumer Financial Protection, in the case of subsection (a), and the Board, in the case of subsection (b), shall consult with the Comptroller of the Currency, the Board of Directors of the Federal Deposit Insurance Corporation, and the National Credit Union Administration Board.”.(e) Expedited Funds Availability Improvements.—Section 603 of the Expedited Funds Availability Act (12 U.S.C. 4002) is amended—(1) in subsection (a)(2)(D), by striking “$100” and inserting “$200”; and(2) in subsection (b)(3)(C), in the subparagraph heading, by striking “$100” and inserting “$200”; and(3) in subsection (c)(1)(B)(iii), in the clause heading, by striking “$100” and inserting “$200”.(f) Regular Adjustments for Inflation.—Section 607 of the Expedited Funds Availability Act (12 U.S.C. 4006) is amended by adding at the end the following:“(f) Adjustments to Dollar Amounts for Inflation.—The dollar amounts under this title shall be adjusted every 5 years after December 31, 2011, by the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers, as published by the Bureau of Labor Statistics, rounded to the nearest multiple of $25.”.