,,ii  #aad? ,,congress  #a/ ,session    
,s4 #ahaf  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ba1 #bjae,mr4   
,r\nds 7= himself & ,mr4 ,blunt7        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to provide relief to community 
banks1 to promote access to capital =   
community banks1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,community ,bank ,access to ,capital    
,act ( #bjae4  #b4 ,basel ,,iii         
exemption = community banks  7a7        
,def9ition ,9 ?is section1 ! t]m        
community bank means an insur$          
depository in/itution1 z def9$ 9 section
 #c7;c7 ( ! ,f$]al ,deposit ,insurance  
,act 7#ab ,u4,s4,c4 #ahac7;c771 )       
consolidat$ assets ( n great] ?an       
#ej1jjj1jjj1jjj4  7b7 ,promulgation (   
regulations ,n lat] ?an #c mon?s aft] ! 
date ( enactm5t ( ?is ,act1 !           
,comptroll] ( ! ,curr5cy1 ! ,bo>d (     
,gov]nors ( ! ,f$]al ,res]ve ,sy/em1 & !

 ,f$]al ,deposit ,insurance ,corporation
 %all ea* promulgate a regulation       
exempt+ community banks f any regulation
 issu$ to implem5t ,basel ,,iii3 ,a     
global regulatory framework = m resili5t
 banks & bank+ sy/ems1 z issu$ by !     
,basel ,committee on ,bank+ ,sup]vision 
on ,decemb] #af1 #bjaj & revis$ on ,june
 #a1 #bjaa4  7c7 ,capital requirem5ts   
adju/m5t ,! ,comptroll] ( ! ,curr5cy1 ! 
,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve    
,sy/em1 & ! ,f$]al ,deposit ,insurance  
,corporation %all make ! revisions to   
capital requirem5ts z ! ,comptroll]1 !  
,bo>d1 & ! ,corporation1 respectively1  
det]m9e are necess>y or appropriate 9   
light ( ! regulations requir$ "u        
subsection 7b74  #c4 ,int]nal control   
atte/ation requirem5t exemptions        
,section #djd7;c7 ( ! ,s>banes-,oxley   
,act ( #bjjb 7#ae ,u4,s4,c4 #gbfb7;c77  
is am5d$-- 7#a7 by /rik+ t is nei!r &   
ins]t+ ! foll[+3  t-- 7#a7 is nei!r  2  
7#b7 by /rik+ ! p]iod at ! end & ins]t+ 
2 or2 &  7#c7 by add+ at ! end ! foll[+3

  7#b7 is an insur$ depository          
in/itution or a depository in/itution   
hold+ company 7z ^? t]ms are def9$ 9    
section #c ( ! ,f$]al ,deposit          
,insurance ,act 7#ab ,u4,s4,c4 #ahac771 
) consolidat$ assets ( n great] ?an     
#a1jjj1jjj1jjj4  4  #d4 ,regulation ,d  
*anges ,! ,securities & ,ex*ange        
,commission-- 7#a7 may n adju/--  7,a7 !
 #a1jjj1jjj net wor? ?re%old "u section 
#bcj4eja7;a77#e7 ( title #ag1 ,code (   
,f$]al ,regulations1 or any successor   
!reto2 or  7,b7 ! #bjj1jjj & #cjj1jjj   
income ?re%olds "u section              
#bcj4eja7;a77#f7 ( title #ag1 ,code (   
,f$]al ,regulations1 or any successor   
!reto2 &  7#b7 %all1 n lat] ?an #c mon?s
 aft] ! date ( ! enactm5t ( ?is ,act1   
revise section #bcj4ejf7;b77#b77;i7 (   
title #ag1 ,code ( ,f$]al ,regulations1 
to *ange ! limitation on ! numb] (      
pur*as]s conta9$ 9 ! section f #ce to   
#gj4  #e4 ,%>ehold] ?re%old treatm5t (  
sav+s & loan hold+ companies  7a7       
,def9itions ,section #c7;a7 ( !         

,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #gh;c7a77 is am5d$-- 7#a7 by  
r$esignat+ ! second p>agraph 7#hj7      
7relat+ to fund+ portals7 z p>agraph    
7#ha72 &  7#b7 by add+ at ! end !       
foll[+3  7#hb7 ,bank hold+ company ,!   
t]m bank hold+ company has ! mean+ giv5 
! t]m 9 section #b7;a7 ( ! ,bank ,hold+ 
,company ,act ( #aief 7#ab ,u4,s4,c4    
#ahda7;a774  7#hc7 ,sav+s & loan hold+  
company ,! t]m sav+s & loan hold+       
company has ! mean+ giv5 ! t]m 9 section
 #aj7;a7 ( ! ,home ,own]s' ,loan ,act   
7#ab ,u4,s4,c4 #adfg;a7a774  4  7b7     
,am5dm5ts to section #ab ( ! ,securities
 ,ex*ange ,act ( #aicd ,section #ab7;g7 
( ! ,securities ,ex*ange ,act ( #aicd   
7#ae ,u4,s4,c4 #ghl7g77 is am5d$-- 7#a7 
9 p>agraph 7#a77;,b71 by /rik+ or a bank
 hold+ company1 z su* t]m is def9$ 9    
section #b ( ! ,bank ,hold+ ,company    
,act ( #aief 7#ab ,u4,s4,c4 #ahda7 &    
ins]t+ 1 a bank hold+ company1 or a     
sav+s & loan hold+ company2 &  7#b7 9   
p>agraph 7#d71 by /rik+ or a bank hold+ 

company1 z su* t]m is def9$ 9 section #b
 ( ! ,bank ,hold+ ,company ,act ( #aief 
7#ab ,u4,s4,c4 #ahda71 #a1bjj p]sons    
p]sons & ins]t+ 1 a bank hold+ company1 
or a sav+s & loan hold+ company1 #a1bjj 
p]sons4  7c7 ,am5dm5t to section #ae ( !
 ,securities ,ex*ange ,act ( #aicd      
,section #ae7;d7 ( ! ,securities        
,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4    
#gho7d77 is am5d$1 9 ! ?ird s5t5ce1 by  
/rik+ or a bank hold+ company1 z su* t]m
 is def9$ 9 section #b ( ! ,bank ,hold+ 
,company ,act ( #aief 7#ab ,u4,s4,c4    
#ahda71 #a1bjj p]sons p]sons & ins]t+ 1 
a bank hold+ company1 or a sav+s & loan 
hold+ company1 #a1bjj p]sons4