,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #djdi  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #ag1 #bjae   
,mrs4 ,love 7= h]self1 ,mr4 ,neugebau]1 
& ,mr4 ,huiz5ga ( ,mi*igan7 introduc$ ! 
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to am5d ! ,bank ,hold+ ,company
 ,act ( #aief to exempt c]ta9           
non-f9ancial companies & small] bank+   
entities f ! application ( ! ,volck]    
,rule4  #a4 ,%ort ,title ,?is ,act may  
be cit$ z ! ,volck] ,rule ,relief ,act (
 #baje4  #b4 ,treatm5t ( c]ta9          
non-f9ancial companies ,section         
#ac7;h77#a7 ( ! ,bank ,hold+ ,company   
,act ( #aief 7#ab ,u4,s4,c4             
#ahea7;h77#a77 is am5d$-- 7#a7 9        
subp>agraph 7,d71 by r$esignat+ clauses 
7i7 & 7ii7 z subclauses 7,i7 & 7,,ii71  
respectively1 & mov+ su* subclauses #b  
ems to ! "r2  7#b7 by r$esignat+        
subp>agraphs 7,a71 7,b71 7,c71 & 7,d7 z 
clauses 7i71 7ii71 7iii71 & 7iv71       
respectively1 & mov+ su* clauses #b ems 

to ! "r2  7#c7 by /rik+ ,! t]m & ins]t+ 
! foll[+3  7,a7 ,9 g5]al ,! t]m  2 &    
7#d7 by add+ at ! end ! foll[+3  7,b7   
,c]ta9 non-f9ancial companies ,not)/&+  
subp>agraph 7,a71 ! t]m bank+ entity    
does n include any entity t--  7i7  7,i7
 is n pr$om9antly engag$ 9 f9ancial     
activities1 z def9$ "u section #ajb ( ! 
,f9ancial ,/ability ,act ( #bjaj 7#ab   
,u4,s4,c4 #ecaa72  7,,ii7 is n a bank   
hold+ company or a nonbank f9ancial     
company sup]vis$ by ! ,bo>d2 &  7,,iii7 
is n a direct or indirect subsidi>y ( a 
bank hold+ company or a nonbank f9ancial
 company sup]vis$ by ! ,bo>d2 or  7ii7  
w\ld be a bank+ entity solely due to its
 control ( an entity describ$ "u clause 
7i74  4  #c4 ,exemption = small] bank+  
entities ,section #ac ( ! ,bank ,hold+  
,company ,act ( #aief 7#ab ,u4,s4,c4    
#ahea7 is am5d$ by add+ at ! end !      
foll[+3  7i7 ,exemption = small] bank+  
entities ,?is section %all n apply to a 
bank+ entity ) total consolidat$ assets 
( #aj1jjj1jjj1jjj or less4  4