,,ib  ,union ,cal5d> ,no4 #bai  #aae?   
,,congress  #a/ ,session  ,h4 ,r4 #afbd 
,report ,no4 #aae-cjf  ,,9 ,,! ,,h\se   
,,( ,,repres5tatives  ,m>* #bj1 #bjag   
,mr4 ,mess] 7= himself1 ,mrs4 ,c>olyn   
,b4 ,maloney ( ,new ,york1 ,mr4         
,hultgr51 ,mr4 ,meeks1 ,ms4 ,kelly (    
,ill9ois1 ,ms4 ,sewell ( ,alabama1 ,ms4 
,s9ema1 ,mr4 ,k+ ( ,new ,york1 ,ms4     
,norton1 ,ms4 ,moore1 ,mr4 ,poliqu91    
,mr4 ,veasey1 ,mr4 ,%]man1 & ,mr4 ,k9d7 
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices     
,septemb] #ab1 #bjag;,additional        
sponsors3 ,mr4 ,hudson1 ,mr4 ,curbelo ( 
,florida1 ,mr4 ,ross1 ,ms4 ,velzquez1   
,mr4 ,delaney1 & ,mr4 ,fitzpatrick      
,septemb] #ab1 #bjag ,report$ )         
am5dm5ts1 committ$ to ! ,committee ( !  
,:ole ,h\se on ! ,/ate ( ! ,union1 &    
ord]$ to be pr9t$ ,/rike out all aft] ! 
enact+ clause & ins]t ! "p pr9t$ 9      
italic ,= text ( introduc$ bill1 see    
copy ( bill z introduc$ on ,m>* #bj1    
#bjag  ,a ,,bill  ,to require !         

appropriate ,f$]al bank+ ag5cies to     
treat c]ta9 municipal obligations z     
level #b;,a liquid assets1 & = o!r      
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,municipal ,f9ance ,support
 ,act ( #bjag4  #b4 ,treatm5t ( c]ta9   
municipal obligations  7a7 ,9 g5]al     
,section #ah ( ! ,f$]al ,deposit        
,insurance ,act 7#ab ,u4,s4,c4 #ahbh7 is
 am5d$--  7#a7 by mov+ subsection 7z7 s 
t x appe>s aft] subsection 7y72 &  7#b7 
by add+ at ! end ! foll[+3  7aa7        
,treatm5t ( c]ta9 municipal obligations 
7#a7 ,9 g5]al ,= purposes ( ! f9al rule 
titl$ ,liquidity ,cov]age ,ratio3       
,liquidity ,risk ,measurem5t ,/&>ds2    
,f9al ,rule 7#gi ,f$4 ,reg4 #fadci2     
publi%$ ,octob] #aj1 #bjad7 7! ,f9al    
,rule7 & any o!r regulation :i*         
incorporates a def9ition ( ! t]m        
high-quality liquid asset1 ! appropriate
 ,f$]al bank+ ag5cies %all treat a      
municipal obligation t is bo? liquid &  
readily m>ketable 7z def9$ 9 ! ,f9al    
,rule7 & inve/m5t grade z ( !           

calculation date z a high-quality liquid
 asset t is no l[] ?an a level #b;,b    
liquid asset4  7#b7 ,def9itions ,=      
purposes ( ?is subsection3 7,a7         
,inve/m5t grade ,) respect to an        
obligation1 ! t]m inve/m5t grade has !  
mean+ giv5 t t]m "u "p #a ( title #ab1  
,code ( ,f$]al ,regulations4  7,b7      
,municipal obligation ,! t]m municipal  
obligation means an obligation ( a ,/ate
 or any political subdivision !re(1 or  
any ag5cy or in/rum5tality ( a ,/ate or 
any political subdivision !re(4  4  7b7 
,am5dm5t to liquidity cov]age ratio     
regulations ,n lat] ?an ! end ( !       
#c-mon? p]iod beg9n+ on ! date ( !      
enactm5t ( ?is ,act1 ! ,f$]al ,deposit  
,insurance ,corporation1 ! ,bo>d (      
,gov]nors ( ! ,f$]al ,res]ve ,sy/em1 & !
 ,comptroll] ( ! ,curr5cy %all am5d !   
f9al rule titl$ ,liquidity ,cov]age     
,ratio3 ,liquidity ,risk ,measurem5t    
,/&>ds2 ,f9al ,rule 7#gi ,f$4 ,reg4     
#fadci2 publi%$ ,octob] #aj1 #bjad7 to  
implem5t ! am5dm5ts made by ?is ,act4   

,am5d ! title s z to read3 ,a bill to   
require ! appropriate ,f$]al bank+      
ag5cies to treat c]ta9 municipal        
obligations z no l[] ?an level #b;,b    
liquid assets1 & = o!r purposes44       
,septemb] #ab1 #bjag ,report$ )         
am5dm5ts1 committ$ to ! ,committee ( !  
,:ole ,h\se on ! ,/ate ( ! ,union1 &    
ord]$ to be pr9t$