,,ii  #aadth ,,congress  #b;d ,session  
,s4 #cejj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,december #e1  
#bjaf,mr4 ,wicker 7for himself and ,mr4 
,cochran7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs  ,a ,,bill  ,to     
require the appropriate ,federal banking
 agencies to treat certain              
non-significant investments in the      
capital of unconsolidated financial     
institutions as qualifying capital      
instruments1 and for other purposes4    
#a4 ,treatment of certain               
non-significant investments in the      
capital of unconsolidated financial     
institutions  7a7 ,in general ,section  
#ah of the ,federal ,deposit ,insurance 
,act 7#ab ,u4,s4,c4 #ahbh7 is amended-- 
7#a7 by moving subsection 7z7 so that it
 appears after subsection 7y72 and  7#b7
 by adding at the end the following3    
7aa7 ,treatment of non-,significant     
investments in the capital of           

unconsolidated financial institutions   
,for purposes of the final rules titled 
,regulatory ,capital ,rules3 ,regulatory
 ,capital1 ,implementation of ,basel    
,,iii1 ,capital ,adequacy1 ,transition  
,provisions1 ,prompt ,corrective        
,action1 ,standardized ,approach for    
,risk-,weighted ,assets1 ,market        
,discipline and ,disclosure             
,requirements1 ,advanced ,approaches    
,risk-,based ,capital ,rule1 and ,market
 ,risk ,capital ,rule 7#gh ,fed4 ,reg4  
#fbjah2 published ,oct4 #aa1 #bjac and  
#gi ,fed4 ,reg4 #bjged2 published ,april
 #ad1 #bjad7 7the ,final ,rules7 and any
 other regulation which incorporates a  
definition of the term non-significant  
investments in the capital of           
unconsolidated financial institutions1  
the appropriate ,federal banking        
agencies shall provide that a bank's or 
a savings association's investments in  
,trust ,preferred ,securities 7pooled   
and individual instruments7 shall not be
 subject to deduction from such         

institution's regulatory capital1       
provided such instruments were held as  
investments prior to ,july #ba1 #bjaj4  
4  7b7 ,amendment to ,basel ,,iii       
,capital ,regulations ,not later than   
the end of the #c-month period beginning
 on the date of the enactment of this   
,act1 the ,federal ,deposit ,insurance  
,corporation1 the ,board of ,governors  
of the ,federal ,reserve ,system1 and   
the ,comptroller of the ,currency shall 
amend the final rules titled ,regulatory
 ,capital ,rules3 ,regulatory ,capital1 
,implementation of ,basel ,,iii1        
,capital ,adequacy1 ,transition         
,provisions1 ,prompt ,corrective        
,action1 ,standardized ,approach for    
,risk-,weighted ,assets1 ,market        
,discipline and ,disclosure             
,requirements1 ,advanced ,approaches    
,risk-,based ,capital ,rule1 and ,market
 ,risk ,capital ,rule 7#gh ,fed4 ,reg4  
#fbjah2 published ,oct4 #aa1 #bjac and  
#gi ,fed4 ,reg4 #bjged2 published ,april
 #ad1 #bjad7 to implement the amendments

 made by this ,act4