Page 682 — Public Law 111-203 including PTFA amendments

124 STAT. 2056 PUBLIC LAW 111–203—JULY 21, 2010

(v) part-time work; (vi) job sharing; (vii) parental leave benefits and childcare assist- ance; (viii) domestic partner benefits; (ix) other workplace flexibilities; or (x) any combination of the items described in clauses (i) through (ix). (C) RECRUITMENT AND RETENTION PLAN.—The Bureau shall submit a recruitment and retention plan that includes, to the extent practicable, provisions relating to— (i) the steps necessary to target highly qualified applicant pools with diverse backgrounds; (ii) streamlined employment application processes; (iii) the provision of timely notification of the status of employment applications to applicants; and (iv) the collection of information to measure indica- tors of hiring effectiveness. (c) EXPIRATION.—The reporting requirement under subsection (b) shall terminate 5 years after the date of enactment of this Act. (d) RULE OF CONSTRUCTION.—Nothing in this section may be construed to affect— (1) a collective bargaining agreement, as that term is defined in section 7103(a)(8) of title 5, United States Code, that is in effect on the date of enactment of this Act; or (2) the rights of employees under chapter 71 of title 5, United States Code. (e) PARTICIPATION IN EXAMINATIONS.—In order to prepare the Bureau to conduct examinations under section 1025 upon the des- ignated transfer date, the Bureau and the applicable prudential regulator may agree to include, on a sampling basis, examiners on examinations of the compliance with Federal consumer financial law of institutions described in section 1025(a) conducted by the prudential regulators prior to the designated transfer date.

Subtitle G—Regulatory Improvements

SEC. 1071. SMALL BUSINESS DATA COLLECTION.
(a) IN GENERAL.—The Equal Credit Opportunity Act (15 U.S.C.
1691 et seq.) is amended by inserting after section 704A the fol-
lowing:

15 USC 1691o–2. ‘‘SEC. 704B. SMALL BUSINESS LOAN DATA COLLECTION.
‘‘(a) PURPOSE.—The purpose of this section is to facilitate
enforcement of fair lending laws and enable communities, govern-
mental entities, and creditors to identify business and community
development needs and opportunities of women-owned, minority-
owned, and small businesses.
‘‘(b) INFORMATION GATHERING.—Subject to the requirements
of this section, in the case of any application to a financial institu-
tion for credit for women-owned, minority-owned, or small business,
the financial institution shall—

LAWS ‘‘(1) inquire whether the business is a women-owned, minority-owned, or small business, without regard to whether such application is received in person, by mail, by telephone,PUBLIC with on anorris VerDate Nov 24 2008 10:40 Sep 02, 2010 Jkt 089139 PO 00203 Frm 00682 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL203.111 APPS06 PsN: PUBL203