,i #aacth ,,congress #ast ,session ,h4 ,r4 #afic ,,in ,,the ,,house ,,of ,,representatives ,april #bd1 #bjac ,mr4 ,griffin of ,arkansas 7for himself1 ,mr4 ,crawford1 and ,mr4 ,womack7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to provide an exemption for community banks from the application of ,basel ,,iii capital standards4 #a4 ,exemption for community banks 7a7 ,exemption ,the ,federal banking regulators shall exempt community banks from any ,basel ,,iii regulations4 7b7 ,definitions ,for purposes of this section3 7#a7 ,community bank ,the term community bank means a depository institution1 as defined under section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac71 with consolidated assets of #ej1jjj1jjj1jjj or less4 7#b7 ,basel ,,iii regulations ,the term ,basel ,,iii regulations means the following3 7,a7 ,the proposed regulation entitled ,regulatory ,capital ,rules3 ,regulatory ,capital1 ,implementation of ,basel ,,iii1 ,minimum ,regulatory ,capital ,ratios1 ,capital ,adequacy1 ,transition ,provisions1 and ,prompt ,corrective ,action1 published on ,august #cj1 #bjab4 7,b7 ,the proposed regulation entitled ,regulatory ,capital ,rules3 ,standardized ,approach for ,risk-,weighted ,assets2 ,market ,discipline and ,disclosure ,requirements2 ,proposed ,rule1 published on ,august #cj1 #bjab4 7,c7 ,the proposed regulation entitled ,regulatory ,capital ,rules3 ,advanced ,approaches ,risk-,based ,capital ,rule2 ,market ,risk ,capital ,rule2 ,proposed ,rule1 published on ,august #cj1 #bjab4 7,d7 ,any other regulation issued by the ,federal banking regulators1 the purpose of which is to implement capital standards based on the agreement reached by the ,basel ,committee on ,banking ,supervision entitled ,basel ,,iii3 ,a ,global ,regulatory ,framework for ,more ,resilient ,banks and ,banking ,systems4 7#c7 ,federal banking regulators ,the term ,federal banking regulators means the ,board of ,governors of the ,federal ,reserve ,system1 the ,office of the ,comptroller of the ,currency1 and the ,federal ,deposit ,insurance ,corporation4