,,ii  #aad? ,,congress  #a/ ,session    
,s4 #ibg  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,april #ad1 #bjae ,mr4 
,moran 7= himself & ,mr4 ,te/]7         
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to provide regulatory relief = 
c]ta9 f9ancial in/itutions1 & = o!r     
purposes4  #a4 ,%ort title  ,?is ,act   
may be cit$ z ! ,,cle> ,plus ,act (     
#bjae4  #b4 ,%>ehold] ?re%old treatm5t (
 sav+s & loan hold+ companies  7a7      
,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 #ahda7 & ins]t+ 1 a bank 
hold+ company1 or a sav+s & loan hold+  
company4  7b7 ,am5dm5ts 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+ company ( less ?an #a1bjj p]sons4 
7c7 ,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 
su* t]m "u section #b ( ! ,bank ,hold+  
,company ,act ( #aief 7#ab ,u4,s4,c4    
#ahda74  7#hc7 ,sav+s & loan hold+      

company ,! t]m sav+s & loan hold+       
company has ! mean+ giv5 su* t]m "u     
section #aj7;a7 ( ! ,home ,own]s' ,loan 
,act 7#ab ,u4,s4,c4 #adfg;a7a774  4  #c4
 ,%ort =m call report+ ,section #g7;a7 (
 ! ,f$]al ,deposit ,insurance ,act 7#ab 
,u4,s4,c4 #ahag7;a77 is am5d$ by add+ at
 ! end ! foll[+3  7#ab7 ,%ort =m report+
  7,a7 ,9 g5]al ,! appropriate ,f$]al   
bank+ ag5cies %all issue regulations    
all[+ = a r$uc$ report+ requirem5t =    
cov]$ depository in/itutions :5 mak+ !  
fir/ & ?ird report ( condition = a ye>1 
z requir$ pursuant to p>agraph 7#c74    
7,b7 ,cov]$ depository in/itution def9$ 
,= purposes ( ?is p>agraph1 ! t]m cov]$ 
depository in/itution means an insur$   
depository in/itution t-- 7i7 has a     
,,camels composite rat+ ( #a or #b "u ! 
,uni=m ,f9ancial ,in/itutions ,rat+     
,sy/em 7or an equival5t rat+ "u a       
comp>able rat+ sy/em7 z ( ! mo/ rec5t   
exam9ation ( su* in/itution2 &  7ii7    
satisfies su* o!r crit]ia z !           
appropriate ,f$]al bank+ ag5cies det]m9e

 appropriate4  4