,,ii  #aad? ,,congress  #a/ ,session    
,s4 #abjf  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #f1 #bjae,mr4     
,s&]s introduc$ ! foll[+ bill2 :i* 0    
read twice & ref]r$ to ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to address ! concept ( ,too    
,big ,to ,fail ) respect to c]ta9       
f9ancial entities4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,too ,big ,to     
,fail1 ,too ,big ,to ,exi/ ,act4  #b4   
,compilation & report on in/itutions t  
are too big to fail  7a7 ,compilation   
,not)/&+ any o!r provision ( law1 n lat]
 ?an #ij days aft] ! date ( enactm5t (  
?is ,act1 ! ,f9ancial ,/ability         
,ov]sight ,c\ncil %all compile & submit 
to ! ,secret>y ( ! ,treasury a li/ (    
entities t x deems ,too ,big ,to ,fail1 
:i* %all include1 b is n limit$ to1 any 
,unit$ ,/ates bank hold+ companies t h  
be5 id5tifi$ z sy/emically important    
banks by ! ,f9ancial ,/ability ,bo>d 79 
?is ,act ref]r$ to z ! ,too ,big ,to    
,fail ,li/74  7b7 ,submission to        

,congress & ! ,presid5t ,^u receipt ( ! 
,too ,big ,to ,fail ,li/1 ! ,secret>y ( 
! ,treasury %all submit ! ,li/ to       
,congress & ! ,presid5t4  #c4 ,break+-up
 too big to fail in/itutions  7a7 ,9    
g5]al ,not)/&+ any o!r provision ( law1 
b n lat] ?an #a ye> aft] ! date (       
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury %all break up entities includ$
 on ! ,too ,big ,to ,fail ,li/1 s t _!  
failure w\ld no long] cause a           
cata/rophic effect on ! ,unit$ ,/ates or
 global economy )\t a taxpay] bail\t4   
7b7 ,consultation ) o!r regulators ,9   
c>ry+ out ! requirem5t ( subsection 7a71
 ! ,secret>y ( ! ,treasury %all consult 
) ! prim>y f9ancial regulatory ag5cy ( !
 entity to be brok5 up4  #d4            
,prohibition aga9/ use ( ,f$]al ,res]ve 
f9anc+ ,not)/&+ any o!r provision ( law 
7includ+ regulations71 any entity       
includ$ on ! ,too ,big ,to ,fail ,li/   
may n use or o!rwise h access to        
advances f any ,f$]al ,res]ve cr$it     
facility1 ! ,f$]al ,res]ve disc\nt w9d[1

 or any o!r program or facility made    
available "u ! ,f$]al ,res]ve ,act 7#ab 
,u4,s4,c4 #bba et seq471 includ+ any    
asset pur*ases1 tempor>y or bridge      
loans1 gov]nm5t inve/m5ts 9 debt or     
equity1 or capital injections f any     
,f$]al in/itution4  #e4 ,prohibition on 
use ( insur$ deposits  7a7 ,9 g5]al ,any
 entity includ$ on ! ,too ,big ,to ,fail
 ,li/ t is an insur$ depository         
in/itution1 or owns su* an in/itution1  
may n use any insur$ deposit am\nts to  
fund--  7#a7 any activity relat+ to h$g+
 t is n directly relat$ to comm]cial    
bank+ activity at ! insur$ bank2  7#b7  
any use ( d]ivatives = speculative      
purposes2  7#c7 any activity relat$ to !
 deal+ ( d]ivatives2 or  7#d7 any o!r =m
 ( speculative activity t regulators    
specify4  7b7 ,risk ( loss ,an entity   
includ$ on ! ,too ,big ,to ,fail ,li/   
may n conduct any activity li/$ 9       
subsection 7a7 9 su* a mann] t--  7#a7  
puts insur$ deposits at risk2 or  7#b7  
creates a risk ( loss to ! ,deposit     

,insurance ,fund4  #f4 ,def9itions ,=   
purposes ( ?is ,act-- 7#a7 ! t]m prim>y 
f9ancial regulatory ag5cy has ! same    
mean+ z 9 section #b7ab7 ( !            
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecja7ab772 &  7#b7 ! t]m ,too ,big ,to
 ,fail means any entity ^: failure1 due 
to its size1 exposure to c\nt]p>ties1   
liquidity position1 int]dep5d5cies1 role
 9 critical m>kets1 or o!r *>act]i/ics  
or factors1 w\ld h a cata/rophic effect 
on ! /ability ( ei!r ! f9ancial sy/em or
 ! ,unit$ ,/ates economy )\t sub/antial 
,gov]nm5t assi/ance4