,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #bedg  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #bg1 #bjac ,mrs4
 ,capito 7= h]self & ,mr4 ,meeks7       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to det]m9e appropriate risk    
bas$ capital requirem5ts = community1   
mid-size1 & regional in/itutions4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,det]m9ation ( ,appropriate ,risk-,bas$ 
,capital ,requirem5ts = ,community      
,f9ancial ,in/itutions ,act ( #bjac4    
#b4 ,f9al rules p5d+ impact /udy  7a7 ,9
 g5]al ,! ,bo>d ( ,gov]nors ( ! ,f$]al  
,res]ve ,sy/em1 ! ,f$]al ,deposit       
,insurance ,corporation1 & ! ,(fice ( ! 
,comptroll] ( ! ,curr5cy 79 ?is ,act    
collectively ref]r$ to z ! ,f$]al bank+ 
ag5cies7 %all conduct an empirical /udy 
9 accordance ) subsection 7b7 prior to  
issu+ any f9al rule 9 relation to all   
propos$ regulatory capital rules issu$  
by ! ,f$]al bank+ ag5cies = !           
int]national ,basel ,,iii agreem5t      

7,basel ,,iii ,rules74  7b7 ,issues ,to 
be /udi$ ,! /udy requir$ by ?is section 
%all include--  7#a7 ! pot5tial impact (
 ! ,basel ,,iii ,rules on ! f9ancial    
s]vices sector ( ! ,unit$ ,/ates1 &     
specifically community1 mid-size1 &     
regional f9ancial in/itutions1 includ+  
*anges to requir$ capital levels 9 !    
aggregate1 p] asset class & in/itution  
size2  7#b7 ! long-t]m pot5tial impact (
 ! ,basel ,,iii ,rules1 includ+ *anges  
to ! curr5t risk-weight framework2  7#c7
 ! co/ & complexity ( ! ,basel ,,iii    
,rules = community f9ancial in/itutions2
  7#d7 ! pot5tial indicators ( community
 banks hav+ to ma9ta9 high] lev]age     
capital ratios & high] total risk-bas$  
capital ratios ?an non-community banks1 
& if su* capital levels are comm5surate 
) high] hi/orical losses or great] risk2
  7#e7 ! hi/orical probability ( default
 & loss giv5 default ( resid5tial       
mortgage loans & ! propos$ risk weight+s
 9 ! ,basel ,,iii ,rules1 & :e!r su*    
propos$ risk weight+s are appropriately 

& fairly calibrat$1 specifically =      
community1 mid-size1 & regional f9ancial
 in/itutions2 &  7#f7 ! impact ( !      
,basel ,,iii ,rules on real e/ate       
m>kets1 & specifically1 resid5tial      
mortgage l5d+ & home equity l9es (      
cr$it4  7c7 ,exception = global         
sy/emically important banks ,! delay 9  
rulemak+ requir$ "u subsection 7a7 %all 
n apply to rules applicable to global   
sy/emically important banks1 z id5tifi$ 
by ! ,f9ancial ,/ability ,bo>d4  #c4    
,volunt>y p>ticipation ,any f9ancial    
in/itution may volunt>ily provide       
in=mation = ! /udy ^u ! reque/ ( !      
ag5cies1 b may n be requir$ to provide  
su* in=mation4  #d4 ,f9al report  7a7   
,availability to ! public ,a f9al report
 on ! complet$ /udy requir$ by ?is ,act 
%all be made available to ! public =    
notice & comm5t = a p]iod ( n less ?an  
#ij days4  7b7 ,report to ,congress ,!  
,f$]al bank+ ag5cies %all issue a report
 to ! ,committee on ,bank+1 ,h\s+1 &    
,urban ,affairs ( ! ,s5ate & !          

,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives1 & te/ify be=e  
su* committees1 on ! results ( ! /udy   
requir$ by ?is ,act & a summ>y ( !      
comm5ts receiv$ "u subsection 7a74  7c7 
,review ,! ,f$]al bank+ ag5cies %all    
review any comm5ts submitt$ "u          
subsections 7a7 & 7b7 & consid]ations   
provid$ pursuant to subsections 7a7 &   
7b71 & foll[+ su* review1 %all prescribe
 new rules1 if appropriate1 bas$ on !   
results ( ! /udy & su* comm5ts &        
consid]ations4 ,not)/&+ any o!r         
provision ( law1 a new rulemak+ foll[+  
su* comm5t p]iod %all include an        
additional comm5t p]iod ( n less ?an #ij
 days4  #e4 ,delay ( rulemak+ ,a        
regulation issu$ by ! ,f$]al bank+      
ag5cies to implem5t ! ,int]national     
,basel ,,iii agreem5t on g5]al risk-bas$
 capital requirem5ts may n take effect  
until aft] ! end ( ! #a-ye> p]iod beg9n+
 on ! date ( ! enactm5t ( ?is ,act4