,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #chjh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #bb1 #bjae    
,mr4 ,luetkemey] 7= himself1 ,mr4       
,mc,henry1 ,mr4 ,heck ( ,wa%+ton1 & ,mr4
 ,c>ney7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to require !      
)drawal & /udy ( ! ,f$]al ,h\s+ ,f9ance 
,ag5cy's propos$ rule on ,f$]al ,home   
,loan ,bank memb]%ip1 & = o!r purposes4 
#a4 ,,fhlb memb]%ip propos$ rule  7a7   
,def9itions ,9 ?is section3 7#a7        
,community developm5t f9ancial          
in/itution ,! t]m community developm5t  
f9ancial in/itution has ! mean+ giv5 t  
t]m 9 section #ajc ( ! ,community       
,developm5t ,bank+ & ,f9ancial          
,in/itutions ,act ( #aiid 7#ab ,u4,s4,c4
 #dgjb74  7#b7 ,cov]$ propos$ rule ,!   
t]m cov]$ propos$ rule means ! propos$  
rule ( ! ,f$]al ,h\s+ ,f9ance ,ag5cy    
entitl$ ,memb]s ( ,f$]al ,home ,loan    
,banks 7#gi ,f$4 ,reg4 #edhdh 7,septemb]
 #ab1 #bjad774  7#c7 ,o!r t]ms f !      

,f$]al ,home ,loan ,bank ,act ,! t]ms   
community f9ancial in/itution1 ,f$]al   
,home ,loan ,bank1 & ,f$]al ,home ,loan 
,bank ,sy/em h ! mean+s giv5 ^? t]ms 9  
section #b ( ! ,f$]al ,home ,loan ,bank 
,act 7#ab ,u4,s4,c4 #adbb74  7b7        
,)drawal ( propos$ rule ,n lat] ?an #cj 
days aft] ! date ( enactm5t ( ?is ,act1 
! ,f$]al ,h\s+ ,f9ance ,ag5cy %all )draw
 ! cov]$ propos$ rule4  7c7 ,,gao /udy &
 report on propos$ rule  7#a7 ,/udy     
7,a7 ,9 g5]al ,! ,comptroll] ,g5]al ( ! 
,unit$ ,/ates %all conduct a /udy on !  
impact t ! cov]$ propos$ rule w\ld h1 if
 adopt$ z propos$1 on--  7i7 ! ability (
 ! ,f$]al ,home ,loan ,banks to fulfill 
! m&ate to provide liquidity to support 
h\s+ f9ance & economic & community      
developm5t2  7ii7 ! safety & s\ndness ( 
! ,f$]al ,home ,loan ,bank ,sy/em2      
7iii7 ! liquidity ne$s ( f9ancial       
int]m$i>ies2  7iv7 ! /ability ( ! ,f$]al
 ,home ,loan ,bank ,sy/em2  7v7 !       
b5efits ( a div]se memb]%ip base =      
,f$]al ,home ,loan ,banks2 &  7vi7 !    

ability ( memb] in/itutions to rely on  
access to ,f$]al ,home ,loan ,bank      
advances4  7,b7 ,consid]ations ,9       
conduct+ ! /udy "u subp>agraph 7,a71 !  
,comptroll] ,g5]al ( ! ,unit$ ,/ates    
%all consid]--  7i7 ! comm5t lett]s     
submitt$ 9 response to ! notice (       
propos$ rulemak+ = ! cov]$ propos$ rule2
  7ii7 ! legislative & adm9i/rative     
hi/ory ( ! ,f$]al ,home ,loan ,bank     
memb]%ip rules2  7iii7 ! burd5 plac$ on 
community f9ancial in/itutions &        
community developm5t f9ancial           
in/itutions2 &  7iv7 ! legal au?ority ( 
! ,f$]al ,h\s+ ,f9ance ,ag5cy to exclude
 f memb]%ip any class or category (     
insurance companies4  7#b7 ,report ,n   
lat] ?an #a ye> aft] ! date ( enactm5t (
 ?is ,act1 ! ,comptroll] ,g5]al ( !     
,unit$ ,/ates %all submit to !          
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs ( ! ,s5ate & ! ,committee on   
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives a report on ! f9d+s ( ! 
/udy conduct$ "u p>agraph 7#a77;,a74