,9 ! ,s5ate ( ! ,unit$ ,/ates1  ,decemb]
 #aa1 #bjad4  ,am5dm5t3  ,t ! bill f !  
,h\se ( ,repres5tatives 7,h4,r4 #ccbi7  
entitl$ ,an ,act to enhance ! ability ( 
community f9ancial in/itutions to fo/]  
economic gr[? & s]ve _! communities1    
boo/ small bus9esses1 increase          
individual sav+s1 & = o!r purposes41 d  
pass ) ! foll[+ ,/rike all aft] ! enact+
 clause & ins]t ! foll[+3 #a4 ,*anges   
requir$ to small bank hold+ company     
policy /atem5t on assessm5t ( f9ancial &
 manag]ial factors  7a7 ,9 g5]al ,be=e !
 end ( ! #f-mon? p]iod beg9n+ on ! date 
( ! enactm5t ( ?is ,act1 ! ,bo>d (      
,gov]nors ( ! ,f$]al ,res]ve ,sy/em     
7h]eaft] 9 ?is ,act ref]r$ to z ! ,bo>d7
 %all publi% 9 ! ,f$]al ,regi/] propos$ 
revisions to ! ,small ,bank ,hold+      
,company ,policy ,/atem5t on ,assessm5t 
( ,f9ancial & ,manag]ial ,factors 7#ab  
,c4,f4,r4 "p #bbe app5dix ,c7 t provide 
t ! policy %all apply to bank hold+     
companies & sav+s & loan hold+ companies
 :i* h pro =ma consolidat$ assets ( less

 ?an #a1jjj1jjj1jjj & t-- 7#a7 are n    
engag$ 9 significant nonbank+ activities
 ei!r directly or ?r\gh a nonbank       
subsidi>y2  7#b7 d n conduct significant
 (f-balance %eet activities 7includ+    
securitization & asset managem5t or     
adm9i/ration7 ei!r directly or ?r\gh a  
nonbank subsidi>y2 &  7#c7 d n h a      
mat]ial am\nt ( debt or equity          
securities out/&+ 7o!r ?an tru/ pref]r$ 
securities7 t are regi/]$ ) !           
,securities & ,ex*ange ,commission4  7b7
 ,exclusions ,! ,bo>d may exclude any   
bank hold+ company or sav+s & loan hold+
 company1 reg>dless ( asset size1 f !   
policy /atem5t "u subsection 7a7 if !   
,bo>d det]m9es t su* action is w>rant$ =
 sup]visory purposes4  #b4 ,con=m+      
,am5dm5t  7a7 ,9 g5]al ,subp>agraph 7,c7
 ( section #aga7;b77#e7 ( ! ,dodd-,frank
 ,wall ,/reet ,re=m & ,consum]          
,protection ,act 7#ab ,u4,s4,c4         
#ecga7;b77#e77 is am5d$ to read z       
foll[s3  7,c7 any bank hold+ company or 
sav+s & loan hold+ company hav+ less ?an

 #a1jjj1jjj1jjj 9 total consolidat$     
assets t complies ) ! requirem5ts ( !   
,small ,bank ,hold+ ,company ,policy    
,/atem5t on ,assessm5t ( ,f9ancial &    
,manag]ial ,factors ( ! ,bo>d (         
,gov]nors 7#ab ,c4,f4,r4 "p #bbe app5dix
 ,c71 z ! requirem5ts ( su* ,policy     
,/atem5t are am5d$ pursuant to section  
#a ( an ,act entitl$ ,to enhance !      
ability ( community f9ancial in/itutions
 to fo/] economic gr[? & s]ve _!        
communities1 boo/ small bus9esses1      
increase individual sav+s1 & = o!r      
purposes4  4  7b7 ,transition p]iod ,any
 small bank hold+ company t 0 except$ f 
! provisions ( section #aga ( !         
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act pursuant to   
subp>agraph 7,c7 ( section #aga7;b77#e7 
7z su* subp>agraph 0 9 effect on ! day  
be=e ! date ( enactm5t ( ?is ,act71 &   
any small sav+s & loan hold+ company t  
w\ld h be5 except$ f ! provisions (     
section #aga pursuant to subp>agraph    
7,c7 7z su* subp>agraph 0 9 effect on ! 

day be=e ! date ( enactm5t ( ?is ,act7  
if x _h be5 a small bank hold+ company1 
%all be except$ f ! provisions ( section
 #aga until ! effective date ( ! ,small 
,bank ,hold+ ,company ,policy ,/atem5t  
issu$ by ! ,bo>d z requir$ by section #a
 ( ?is ,act4  #c4 ,def9itions ,= !      
purposes ( ?is ,act3 7a7 ,bank hold+    
company ,! t]m bank hold+ company has ! 
same mean+ z 9 section #b ( ! ,bank     
,hold+ ,company ,act ( #aief 7#ab       
,u4,s4,c4 #ahda74  7b7 ,sav+s & loan    
hold+ company ,! t]m sav+s & loan hold+ 
company has ! same mean+ z 9 section    
#aj7;a7 ( ! ,home ,own]s' ,loan ,act    
7#ab ,u4,s4,c4 #adfg;a7a774  ,secret>y