,,ib  ,union ,cal5d> ,no4 #ddd  #aad?   
,,congress  #b;d ,session  ,h4 ,r4 #dhid
  ,report ,no4 #aad-egd1 ,"p ,i  ,,9 ,,!
 ,,h\se ,,( ,,repres5tatives  ,april    
#aa1 #bjaf ,mr4 ,we/morel& introduc$ !  
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices1 & 9   
addition to ! ,committees on            
,agriculture1 ! ,judici>y1 & ,ways &    
,means1 = a p]iod to be subsequ5tly     
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$    
,may #ai1 #bjaf ,additional sponsor3    
,mr4 ,all5  ,may #ai1 #bjaf ,report$ f !
 ,committee on ,f9ancial ,s]vices  ,may 
#ai1 #bjaf ,! ,committees on            
,agriculture1 ! ,judici>y1 & ,ways &    
,means dis*>g$2 committ$ to ! ,committee
 ( ! ,:ole ,h\se on ! ,/ate ( ! ,union &
 ord]$ to be pr9t$  ,a ,,bill  ,to      
repeal title ,,ii ( ! ,dodd-,frank ,wall
 ,/reet ,re=m & ,consum] ,protection    
,act4  #a4 ,repeal ( liquidation        
au?ority  7a7 ,9 g5]al ,title ,,ii ( !  

,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act is h]eby      
repeal$ & any ,f$]al law am5d$ by su*   
title %all1 on & aft] ! effective date (
 ?is ,act1 be effective z if title ,,ii 
( ! ,dodd-,frank ,wall ,/reet ,re=m &   
,consum] ,protection ,act _h n be5      
enact$4  7b7 ,con=m+ am5dm5ts  7#a7     
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act ,!            
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act is am5d$--    
7,a7 9 ! table ( cont5ts = su* ,act1 by 
/rik+ all items relat+ to title ,,ii2   
7,b7 9 section #aea1 by am5d+ p>agraph  
7#b7 to read z foll[s3  7#b7 ! t]m      
f9ancial company means-- 7,a7 any       
company t is incorporat$ or organiz$ "u 
any provision ( ,f$]al law or ! laws (  
any ,/ate2  7,b7 any company t is-- 7i7 
a bank hold+ company1 z def9$ 9 section 
#b7;a7 ( ! ,bank ,hold+ ,company ,act ( 
#aief 7#ab ,u4,s4,c4 #ahda7;a772  7ii7 a
 nonbank f9ancial company sup]vis$ by ! 
,bo>d ( ,gov]nors2  7iii7 any company t 

is pr$om9antly engag$ 9 activities t !  
,bo>d ( ,gov]nors has det]m9$ are       
f9ancial 9 nature or incid5tal !reto =  
purposes ( section #d7k7 ( ! ,bank      
,hold+ ,company ,act ( #aief 7#ab       
,u4,s4,c4 #ahdc7k77 o!r ?an a company   
describ$ 9 clause 7i7 or 7ii72 or  7iv7 
any subsidi>y ( any company describ$ 9  
any ( clauses 7i7 ?r\gh 7iii7 t is      
pr$om9antly engag$ 9 activities t !     
,bo>d ( ,gov]nors has det]m9$ are       
f9ancial 9 nature or incid5tal !reto =  
purposes ( section #d7k7 ( ! ,bank      
,hold+ ,company ,act ( #aief 7#ab       
,u4,s4,c4 #ahdc7k77 7o!r ?an a subsidi>y
 t is an insur$ depository in/itution or
 an insurance company72  7,c7 any       
company t is n a ,f>m ,cr$it ,sy/em     
in/itution *>t]$ "u & subject to !      
provisions ( ! ,f>m ,cr$it ,act ( #aiga1
 z am5d$ 7#ab ,u4,s4,c4 #bjja et seq471 
a gov]nm5tal entity1 or a regulat$      
entity1 z def9$ "u section #acjc7bj7 ( !
 ,f$]al ,h\s+ ,ent]prises ,f9ancial     
,safety & ,s\ndness ,act ( #aiib 7#ab   

,u4,s4,c4 #dejb7bj772 &  7,d7 includes  
an insur$ depository in/itution & an    
insurance company2  2  7,c7 9 section   
#afe7;d77#f71 by /rik+ 1 a receiv]      
appo9t$ "u title ,,ii12  7,d7 9 section 
#gaf7;g71 by /rik+ or a cov]$ f9ancial  
company "u title ,,ii2  7,e7 9 section  
#aaje7;e77#e71 by /rik+ am\nt ( any     
securities issu$ "u t *apt] #ca = su*   
purpose %all be treat$ 9 ! same mann] z 
securities issu$ "u section             
#bjh7n77#e77;,e7 & ins]t+ issuances (   
su* securities "u t *apt] #ca = su*     
purpose %all by treat$ z public debt    
transactions ( ! ,unit$ ,/ates1 & !     
proce$s f ! sale ( any obligations      
acquir$ by ! ,secret>y "u ?is p>agraph  
%all be deposit$ into ! ,treasury ( !   
,unit$ ,/ates z miscellane\s receipts2 &
  7,f7 9 section #aajf7;c77#b71 by am5d+
 subp>agraph 7,a7 to read z foll[s3     
7,a7 require ! company to file a        
petition = bankruptcy "u section #cja ( 
title #aa1 ,unit$ ,/ates ,code2 or  4   
7#b7 ,f$]al ,deposit ,insurance ,act    

,section #aj7;b77#c7 ( ! ,f$]al ,deposit
 ,insurance ,act 7#ab ,u4,s4,c4         
#ahbj7;b77#c77 is am5d$ by /rik+ 1 or ( 
su* nonbank f9ancial company sup]vis$ by
 ! ,bo>d ( ,gov]nors or bank hold+      
company describ$ 9 section #afe7;a7 ( ! 
,f9ancial ,/ability ,act ( #bjaj1 = !   
purpose ( implem5t+ its au?ority to     
provide = ord]ly liquidation ( any su*  
company "u title ,,ii ( t ,act4  7#c7   
,f$]al ,res]ve ,act ,section #ac7c7 ( ! 
,f$]al ,res]ve ,act is am5d$--  7,a7 9  
subp>agraph 7,b7-- 7i7 9 clause 7ii71 by
 /rik+ 1 resolution "u title ,,ii ( !   
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act1 or & ins]t+  
or is subject to resolution "u2 &  7ii7 
9 clause 7iii71 by /rik+ 1 resolution "u
 title ,,ii ( ! ,dodd-,frank ,wall      
,/reet ,re=m & ,consum] ,protection     
,act1 or & ins]t+ or resolution "u2 &   
7,b7 by /rik+ subp>agraph 7,e74  ,may   
#ai1 #bjaf ,report$ f ! ,committee on   
,f9ancial ,s]vices ,may #ai1 #bjaf ,!   
,committees on ,agriculture1 !          

,judici>y1 & ,ways & ,means dis*>g$2    
committ$ to ! ,committee ( ! ,:ole ,h\se
 on ! ,/ate ( ! ,union & ord]$ to be    
pr9t$