#aacth ,,congress  #b;d ,session  ,h4   
,r4 #ccbi  ,,an ,,act  ,to enhance the  
ability of community financial          
institutions to foster economic growth  
and serve their communities1 boost small
 businesses1 increase individual        
savings1 and for other purposes4  #a4   
,changes required to small bank holding 
company policy statement on assessment  
of financial and managerial factors  7a7
 ,in general ,before the end of the     
#f-month period beginning on the date of
 the enactment of this ,act1 the ,board 
of ,governors of the ,federal ,reserve  
,system shall publish in the ,federal   
,register proposed revisions to the     
,small ,bank ,holding ,company ,policy  
,statement on ,assessment of ,financial 
and ,managerial ,factors 7#ab ,,cfr     
,part #bbe ,appendix ,c7 that provide   
that the policy shall apply to bank     
holding companies and savings and loan  
holding companies which have pro forma  
consolidated assets of less than        
#a1jjj1jjj1jjj and that--  7#a7 are not 

engaged in any nonbanking activities    
involving significant leverage2 and     
7#b7 do not have a significant amount of
 outstanding debt that is held by the   
general public4  7b7 ,conforming        
amendment ,section #aga7;b77#e77;,c7 of 
the ,dodd-,frank ,wall ,street ,reform  
and ,consumer ,protection ,act 7#ab     
,u4,s4,c4 #ecga7;b77#e77;,c77 is amended
 by inserting or small savings and loan 
holding company after any small bank    
holding company4  7c7 ,rule of          
construction ,nothing in this ,act or   
the amendments made by this ,act may be 
construed as limiting the authority of  
the ,board of ,governors of the ,federal
 ,reserve ,system to exclude a bank     
holding company or a savings and loan   
holding company from the policy         
statement described under subsection    
7a71 if such action is warranted for    
supervisory purposes4  7d7 ,definitions 
,for purposes of this section3  7#a7    
,bank holding company ,the term bank    
holding company has the meaning given   

that term under section #b of the ,bank 
,holding ,company ,act of #aief 7#ab    
,u4,s4,c4 #ahda74  7#b7 ,savings and    
loan holding company ,the term savings  
and loan holding company has the meaning
 given that term under section #aj7;a7  
of the ,home ,owners' ,loan ,act 7#ab   
,u4,s4,c4 #adfg;a7a774  ,passed the     
,house of ,representatives ,may #f1     
#bjad4;,clerk4