,,ib  ,union ,cal5d> ,no4 #ehd  #aad?   
,,congress  #b;d ,session  ,h4 ,r4 #acji
  ,report ,no4 #aad-geb  ,,9 ,,! ,,h\se 
,,( ,,repres5tatives  ,m>* #d1 #bjae    
,mr4 ,luetkemey] 7= himself1 ,mr4       
,/iv]s1 ,mr4 ,williams1 ,mr4 ,murphy (  
,florida1 ,ms4 ,sewell ( ,alabama1 ,mr4 
,david ,scott ( ,georgia1 & ,ms4 ,s9ema7
 introduc$ ! foll[+ bill2 :i* 0 ref]r$  
to ! ,committee on ,f9ancial ,s]vices   
,septemb] #ai1 #bjaf ,additional        
sponsors3 ,mr4 ,hill1 ,mr4 ,s*weik]t1   
,mrs4 ,roby1 ,mr4 ,f>5?old1 ,mr4 ,f9*]1 
,mr4 ,posey1 ,mr4 ,sessions1 ,mrs4      
,love1 ,mr4 ,byrne1 ,mr4 ,huiz5ga (     
,mi*igan1 ,mr4 ,mulvaney1 ,mr4 ,brooks (
 ,alabama1 ,mr4 ,poe ( ,texas1 ,mr4     
,smi? ( ,texas1 ,mr4 ,tipton1 ,mr4      
,olson1 ,mr4 ,b>r1 ,mr4 ,pitt5g]1 ,mr4  
,curbelo ( ,florida1 ,mr4 ,mess]1 ,mr4  
,abraham1 ,mr4 ,bu*anan1 ,mr4 ,ri*mond1 
,mr4 ,h>p]1 ,mr4 ,vela1 ,mr4 ,ha/+s1    
,mr4 ,rog]s ( ,alabama1 ,mr4 ,dold1 ,mr4
 ,hurt ( ,virg9ia1 ,mr4 ,bab91 ,ms4     
,graham1 ,ms4 ,m5g1 ,mr4 ,k+ ( ,new     

,york1 ,mr4 ,web/] ( ,florida1 ,mr4     
,poliqu91 ,mr4 ,fleis*mann1 ,mr4 ,ross1 
,mr4 ,we/morel&1 ,mr4 ,c>t] ( ,georgia1 
,mrs4 ,beatty1 ,mr4 ,cleav]1 ,mrs4      
,black1 ,mrs4 ,wagn]1 ,ms4 ,wilson (    
,florida1 ,mr4 ,blum1 ,mr4 ,pe>ce1 ,mr4 
,craw=d1 ,mr4 ,roe ( ,t5nessee1 ,mr4    
,pet]s1 ,mr4 ,hultgr51 ,mr4 ,jolly1 ,ms4
 ,grang]1 ,mr4 ,m>*ant1 ,mr4 ,nug5t1    
,mr4 ,yoho1 ,mr4 ,buc%on1 ,mr4 ,=bes1   
,mr4 ,ratcliffe1 ,mr4 ,all51 ,mr4 ,sam  
,johnson ( ,texas1 ,ms4 ,frankel (      
,florida1 ,mr4 ,lance1 ,mr4 ,/utzman1   
,mr4 ,flores1 ,mr4 ,/ew>t1 ,mr4 ,veasey1
 ,mr4 ,*affetz1 ,mr4 ,c>t] ( ,texas1    
,mr4 ,higg9s1 ,mr4 ,womack1 ,mr4 ,bi%op 
( ,utah1 ,ms4 ,j5k9s ( ,kansas1 ,mr4    
,mill] ( ,florida1 ,mr4 ,royce1 ,mr4    
,griffi?1 ,mr4 ,brady ( ,texas1 ,mr4    
,lucas1 ,mr4 ,des,jarlais1 ,mr4 ,"y (   
,i[a1 ,mrs4 ,blackburn1 ,mr4 ,ro?fus1   
,mr4 ,smi? ( ,miss\ri1 ,mr4 ,neugebau]1 
,mrs4 ,h>tzl]1 ,ms4 ,jackson ,lee1 ,ms4 
,ros-,leht951 ,mr4 ,a%=d1 ,mr4 ,%]man1  
,mr4 ,g5e ,gre5 ( ,texas1 ,mr4 ,long1   

,mr4 ,rooney ( ,florida1 ,mr4 ,jody ,b4 
,hice ( ,georgia1 ,mr4 ,fitzpatrick1    
,mr4 ,latta1 ,mr4 ,graves ( ,georgia1   
,mr4 ,mc,henry1 ,mr4 ,ad]holt1 ,mr4     
,emm] ( ,m9nesota1 ,mr4 ,w5/rup1 ,mr4   
,pauls51 ,mr4 ,graves ( ,miss\ri1 ,mr4  
,*abot1 ,mr4 ,au/9 ,scott ( ,georgia1   
,mr4 ,coll9s ( ,georgia1 ,mr4 ,?ornb]ry1
 ,mr4 ,rokita1 ,mr4 ,cr5%aw1 ,mr4       
,roskam1 ,mr4 ,hanna1 ,mr4 ,wittman1    
,mr4 ,c(fman1 ,mr4 ,k9z+] ( ,ill9ois1   
,mr4 ,brat1 ,mr4 ,bi%op ( ,mi*igan1 ,mr4
 ,mac,arthur1 ,mr4 ,%u/]1 ,mr4 ,katko1  
,mr4 ,turn]1 ,mr4 ,franks ( ,arizona1   
,mr4 ,r5acci1 ,mr4 ,duffy1 ,mr4         
,culb]son1 ,mr4 ,gos>1 ,mr4 ,l\d]milk1  
,mr4 ,walb]g1 ,mr4 ,amodei1 ,mr4        
,we/]man1 ,mr4 ,simpson1 & ,mr4 ,cram]  
,septemb] #ai1 #bjaf ,committ$ to !     
,committee ( ! ,:ole ,h\se on ! ,/ate ( 
! ,union & ord]$ to be pr9t$  ,a ,,bill 
,to am5d ! ,dodd-,frank ,wall ,/reet    
,re=m & ,consum] ,protection ,act to    
specify :5 bank hold+ companies may be  
subject to c]ta9 enhanc$ sup]vision1 & =

 o!r purposes4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,sy/emic ,risk     
,designation ,improvem5t ,act ( #bjae4  
#b4 ,table ( cont5ts ,! table ( cont5ts 
= ! ,dodd-,frank ,wall ,/reet ,re=m &   
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecja et seq47 is am5d$ by /rik+ ! item
 relat+ to section #aac & ins]t+ !      
foll[+3  ,sec4 #aac4 ,au?ority to       
require enhanc$ sup]vision & regulation 
( c]ta9 nonbank f9ancial companies &    
c]ta9 bank hold+ companies4  4  #c4     
,revisions to c\ncil au?ority  7a7      
,purposes & duties ,section #aab ( !    
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecbb7 is am5d$ 9 subsection           
7a77#b77;,i7 by ins]t+ be=e ! semicolon 
1 :i* h be5 ! subject ( a f9al          
det]m9ation "u section #aac4  7b7 ,bank 
hold+ company designation ,section #aac 
( ! ,dodd-,frank ,wall ,/reet ,re=m &   
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecbc7 is am5d$--  7#a7 by am5d+ !     
head+ = su* section to read z foll[s3   

,au?ority to require enhanc$ sup]vision 
& regulation ( c]ta9 nonbank f9ancial   
companies & c]ta9 bank hold+ companies2 
7#b7 by r$esignat+ subsections 7c71 7d71
 7e71 7f71 7g71 7h71 & 7i7 z subsections
 7d71 7e71 7f71 7g71 7h71 7i71 & 7j71   
respectively2  7#c7 by ins]t+ aft]      
subsection 7b7 ! foll[+3  7c7 ,bank     
hold+ companies subject to enhanc$      
sup]vision & prud5tial /&>ds "u section 
#afe  7#a7 ,det]m9ation ,! ,c\ncil1 on a
 nondelegable basis & by a vote ( n few]
 ?an #bc ( ! vot+ memb]s !n s]v+1       
includ+ an affirmative vote by !        
,*airp]son1 may det]m9e t a bank hold+  
company %all be subject to enhanc$      
sup]vision & prud5tial /&>ds by ! ,bo>d 
( ,gov]nors1 9 accordance ) section     
#afe1 if ! ,c\ncil det]m9es1 bas$ on !  
consid]ations 9 p>agraph 7#b71 t mat]ial
 f9ancial di/ress at ! bank hold+       
company1 or ! nature1 scope1 size1      
scale1 conc5tration1 int]connect$ness1  
or mix ( ! activities ( ! bank hold+    
company1 c\ld pose a ?reat to ! f9ancial

 /ability ( ! ,unit$ ,/ates4  7#b7      
,consid]ations ,9 mak+ a det]m9ation "u 
p>agraph 7#a71 ! ,c\ncil %all use !     
indicator-bas$ measurem5t approa*       
e/abli%$ by ! ,basel ,committee on      
,bank+ ,sup]vision to det]m9e sy/emic   
importance1 :i* consid]s-- 7,a7 ! size (
 ! bank hold+ company2  7,b7 !          
int]connect$ness ( ! bank hold+ company2
  7,c7 ! ext5t ( readily available      
sub/itutes or f9ancial in/itution       
infra/ructure = ! s]vices ( ! bank hold+
 company2  7,d7 ! global                
cross-jurisdictional activity ( ! bank  
hold+ company2 &  7,e7 ! complexity ( ! 
bank hold+ company4  7#c7 ,g,s,i,bs     
designat$ by op]ation ( law ,not)/&+ any
 o!r provision ( ?is subsection1 a bank 
hold+ company t is designat$1 z ( ! date
 ( enactm5t ( ?is subsection1 z a       
,global ,sy/emically ,important ,bank by
 ! ,f9ancial ,/ability ,bo>d %all be    
deem$ to h be5 ! subject ( a f9al       
det]m9ation "u p>agraph 7#a74  2  7#d7 9
 subsection 7d71 z s r$esignat$--  7,a7 

9 p>agraph 7#a77;,a71 by /rik+          
subsection 7a77#b7 or 7b77#b7 & ins]t+  
subsection 7a77#b71 7b77#b71 or 7c77#b72
 &  7,b7 9 p>agraph 7#d71 by /rik+      
,subsections 7d7 ?r\gh 7h7 & ins]t+     
,subsections 7e7 ?r\gh 7i72  7#e7 9     
subsections 7e71 7f71 7g71 7h71 7i71 &  
7j7-- 7,a7 by /rik+ subsections 7a7 &   
7b7 ea* place su* t]m appe>s & ins]t+   
subsections 7a71 7b71 & 7c72 &  7,b7 by 
/rik+ nonbank f9ancial company ea* place
 su* t]m appe>s & ins]t+ bank hold+     
company = :i* !re has be5 a det]m9ation 
"u subsection 7c7 or nonbank f9ancial   
company2  7#f7 9 subsection 7g71 z s    
r$esignat$1 by /rik+ subsection 7e7 &   
ins]t+ subsection 7f72  7#g7 9          
subsection 7h71 z s r$esignat$1 by /rik+
 subsection 7a71 7b71 or 7c7 & ins]t+   
subsection 7a71 7b71 7c71 or 7d72 &     
7#h7 9 subsection 7i71 z s r$esignat$1  
by /rik+ subsection 7d77#b71 7e77#c71 or
 7f77#e7 & ins]t+ subsection 7e77#b71   
7f77#c71 or 7g77#e74  7c7 ,enhanc$      
sup]vision ,section #aae ( !            

,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecbe7 is am5d$-- 7#a7 9 subsection    
7a77#a71 by /rik+ l>ge1 int]connect$    
bank hold+ companies & ins]t+ bank hold+
 companies :i* h be5 ! subject ( a f9al 
det]m9ation "u section #aac2  7#b7 9    
subsection 7a77#b7-- 7,a7 9 subp>agraph 
7,a71 by /rik+ 2 or at ! end & ins]t+ a 
p]iod2  7,b7 by /rik+ ! ,c\ncil may &   
all t foll[s ?r\gh diff]5tiate & ins]t+ 
! ,c\ncil may diff]5tiate2 &  7,c7 by   
/rik+ subp>agraph 7,b72 &  7#c7 9       
subsection 7b77#c71 by /rik+ subsections
 7a7 & 7b7 ( section #aac ea* place su* 
t]m appe>s & ins]t+ subsections 7a71    
7b71 & 7c7 ( section #aac4  7d7 ,reports
 ,section #aaf7;a7 ( ! ,dodd-,frank     
,wall ,/reet ,re=m & ,consum]           
,protection ,act 7#ab ,u4,s4,c4         
#ecbf7;a77 is am5d$ by /rik+ ) total    
consolidat$ assets ( #ej1jjj1jjj1jjj or 
great] & ins]t+ :i* has be5 ! subject ( 
a f9al det]m9ation "u section #aac4  7e7
 ,mitigation ,section #aba ( !          

,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecca7 is am5d$-- 7#a7 9 subsection    
7a71 by /rik+ ) total consolidat$ assets
 ( #ej1jjj1jjj1jjj or m & ins]t+ :i* has
 be5 ! subject ( a f9al det]m9ation "u  
section #aac2 &  7#b7 9 subsection 7c71 
by /rik+ subsection 7a7 or 7b7 ( section
 #aac & ins]t+ subsection 7a71 7b71 or  
7c7 ( section #aac4  7f7 ,(fice (       
f9ancial rese>* ,section #aee ( !       
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecde7 is am5d$ 9 subsection 7d7 by    
/rik+ ) total consolidat$ assets (      
#ej1jjj1jjj1jjj or great] & ins]t+ :i* h
 be5 ! subject ( a f9al det]m9ation "u  
section #aac4  #d4 ,revisions to ,bo>d  
au?ority  7a7 ,acquisitions ,section    
#afc ( ! ,dodd-,frank ,wall ,/reet ,re=m
 & ,consum] ,protection ,act 7#ab       
,u4,s4,c4 #ecfc7 is am5d$ by /rik+ )    
total consolidat$ assets equal to or    
great] ?an #ej1jjj1jjj1jjj ea* place su*
 t]m appe>s & ins]t+ :i* has be5 !      

subject ( a f9al det]m9ation "u section 
#aac4  7b7 ,managem5t int]locks ,section
 #afd ( ! ,dodd-,frank ,wall ,/reet     
,re=m & ,consum] ,protection ,act 7#ab  
,u4,s4,c4 #ecfd7 is am5d$ by /rik+ )    
total consolidat$ assets equal to or    
great] ?an #ej1jjj1jjj1jjj & ins]t+ :i* 
has be5 ! subject ( a f9al det]m9ation  
"u section #aac4  7c7 ,enhanc$          
sup]vision & prud5tial /&>ds ,section   
#afe ( ! ,dodd-,frank ,wall ,/reet ,re=m
 & ,consum] ,protection ,act 7#ab       
,u4,s4,c4 #ecfe7 is am5d$-- 7#a7 9      
subsection 7a71 by /rik+ ) total        
consolidat$ assets equal to or great]   
?an #ej1jjj1jjj1jjj & ins]t+ :i* h be5 !
 subject ( a f9al det]m9ation "u section
 #aac2  7#b7 9 subsection 7a77#b7-- 7,a7
 by /rik+ 7,a7 ,9 g5]al4--2 &  7,b7 by  
/rik+ subp>agraph 7,b72  7#c7 by /rik+  
subsections 7a7 & 7b7 ( section #aac ea*
 place su* t]m appe>s & ins]t+          
subsections 7a71 7b71 & 7c7 ( section   
#aac2 &  7#d7 9 subsection 7j71 by /rik+
 ) total consolidat$ assets equal to or 

great] ?an #ej1jjj1jjj1jjj & ins]t+ :i* 
has be5 ! subject ( a f9al det]m9ation  
"u section #aac4  7d7 ,con=m+ ,am5dm5t  
,! second subsection 7s7 7relat+ to     
,assessm5ts1 ,fees1 & ,o!r ,*>ges =     
,c]ta9 ,companies7 ( section #aa ( !    
,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #bdh7
 is am5d$--  7#a7 by r$esignat+ su*     
subsection z subsection 7t72 &  7#b7 9  
p>agraph 7#b7--  7,a7 9 subp>agraph     
7,a71 by /rik+ hav+ total consolidat$   
assets ( #ej1jjj1jjj1jjj or m2 & ins]t+ 
:i* h be5 ! subject ( a f9al det]m9ation
 "u section #aac ( ! ,dodd-,frank ,wall 
,/reet ,re=m & ,consum] ,protection     
,act2 &2  7,b7 by /rik+ subp>agraph     
7,b72 &  7,c7 by r$esignat+ subp>agraph 
7,c7 z subp>agraph 7,b74  #e4 ,effective
 date2 rule ( application  7a7          
,effective date ,! ,f9ancial ,/ability  
,ov]sight ,c\ncil may beg9 proce$+s )   
respect to a bank hold+ company "u      
section #aac7;c77#a7 ( ! ,dodd-,frank   
,wall ,/reet ,re=m & ,consum]           
,protection ,act1 z add$ by ?is ,act1 on

 ! date ( ! enactm5t ( ?is ,act1 b may n
 make a f9al det]m9ation "u su* section 
#aac7;c77#a7 ) respect to a bank hold+  
company be=e ! end ( ! #a-ye> p]iod     
beg9n+ on ! date ( ! enactm5t ( ?is     
,act4  7b7 ,imm$iate application to l>ge
 bank hold+ companies ,dur+ ! #a-ye>    
p]iod describ$ "u subsection 7a71 a bank
 hold+ company ) total consolidat$      
assets equal to or great] ?an           
#ej1jjj1jjj1jjj %all be deem$ to h be5 !
 subject ( a f9al det]m9ation "u section
 #aac7;c77#a7 ( ! ,dodd-,frank ,wall    
,/reet ,re=m & ,consum] ,protection     
,act4  ,septemb] #ai1 #bjaf ,committ$ to
 ! ,committee ( ! ,:ole ,h\se on ! ,/ate
 ( ! ,union & ord]$ to be pr9t$