,,ib ,union ,calendar ,no4 #ejd #aaeth ,,congress #b;d ,session ,h4 ,r4 #baba ,report ,no4 #aae-fef ,,in ,,the ,,house ,,of ,,representatives ,april #be1 #bjag ,mr4 ,rothfus 7for himself1 ,mr4 ,foster1 and ,mr4 ,hultgren7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,april #bf1 #bjah;,additional sponsors3 ,mr4 ,loudermilk1 ,mr4 ,capuano1 ,mr4 ,meeks1 ,mr4 ,barr1 ,ms4 ,sinema1 ,ms4 ,velzquez1 ,mr4 ,gottheimer1 ,mr4 ,lynch1 ,mr4 ,zeldin1 ,mr4 ,luetkemeyer1 ,mr4 ,ross1 ,ms4 ,moore1 ,mr4 ,himes1 ,mr4 ,hill1 ,mr4 ,huizenga1 ,mr4 ,royce of ,california1 ,mr4 ,tipton1 ,mr4 ,budd1 ,mr4 ,pittenger1 ,mr4 ,emmer1 ,mr4 ,stivers1 ,mr4 ,mc,govern1 ,mr4 ,donovan1 ,ms4 ,clark of ,massachusetts1 ,mr4 ,mac,arthur1 ,mrs4 ,carolyn ,b4 ,maloney of ,new ,york1 ,mr4 ,mooney of ,west ,virginia1 ,mr4 ,poliquin1 ,mr4 ,banks of ,indiana1 ,ms4 ,tenney1 ,mr4 ,posey1 ,mr4 ,byrne1 ,mr4 ,messer1 ,mr4 ,moulton1 ,mr4 ,loebsack1 and ,mrs4 ,wagner ,april #bf1 #bjah ,reported with amendments1 committed to the ,committee of the ,whole ,house on the ,state of the ,union1 and ordered to be printed ,strike out all after the enacting clause and insert the part printed in italic ,for text of introduced bill1 see copy of bill as introduced on ,april #be1 #bjag ,a ,,bill ,to require the appropriate ,federal banking agencies to revise regulations to specify that certain funds shall not be taken into account when calculating any supplementary leverage ratio for custodial banks1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,pension1 ,endowment1 and ,mutual ,fund ,access to ,banking ,act4 #b4 ,treatment of funds deposited with a central bank in calculating the applicable supplementary leverage ratio 7a7 ,in general ,the funds of a custody bank that are deposited with a central bank shall not be taken into account when calculating the applicable supplementary leverage ratio for the custody bank4 7b7 ,limitations 7#a7 ,amounts ,the amount of funds described under subsection 7a7 shall be limited to-- 7,a7 the total value of deposits of the custody bank linked to fiduciary or custodial and safekeeping accounts2 or 7,b7 an amount that is greater than a percentage specified by the appropriate ,federal banking agency of the total leverage exposure of the custody bank1 based on considerations such as the potential impact on the safety and soundness of the custody bank and the ability of the custody bank to continue to accept cash deposits from customers that are linked to fiduciary or custodial and safekeeping accounts4 7#b7 ,high-quality central bank requirements ,subsection 7a7 only applies to central banks that are high-quality central banks1 including-- 7,a7 the ,federal ,reserve ,system2 7,b7 the ,european ,central ,bank2 and 7,c7 central banks of member countries of the ,organisation for ,economic ,co-operation and ,development1 if-- 7i7 the central bank of such member country has been assigned a zero percent risk weight under 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 #bjac1 and #gi ,fed4 ,reg4 #bjged2 published ,april #ad1 #bjad72 and 7ii7 the sovereign debt of such member country is not in default or has not been in default during the previous five years4 7c7 ,regulations ,not later than #fj days after the date of the enactment of this ,act1 the appropriate ,federal banking agencies shall revise applicable regulations to carry out this ,act4 7d7 ,definitions ,for purposes of this section3 7#a7 ,appropriate ,federal banking agency ,the term appropriate ,federal banking agency has the meaning given that term under section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7#b7 ,custody bank ,the term custody bank means a depository institution holding company predominantly engaged in custody1 safekeeping1 and asset servicing activities1 including any insured depository institution subsidiary of such a holding company4 7#c7 ,depository institution holding company ,the term depository institution holding company has the meaning given that term under section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7#d7 ,insured depository institution ,the term insured depository institution has the meaning given that term under section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7#e7 ,supplementary leverage ratio ,the term supplementary leverage ratio means the supplementary leverage ratio1 including applicable buffers1 surcharges1 and well-capitalized requirements relating to such supplementary leverage ratio1 as defined by regulation of the appropriate ,federal banking agency in title #ab1 ,code of ,federal ,regulations1 as in effect on ,october #a1 #bjag4 ,amend the title so as to read3 ,a bill to ensure that certain funds shall not be taken into account when calculating any supplementary leverage ratio for custody banks1 and for other purposes44 ,april #bf1 #bjah ,reported with amendments1 committed to the ,committee of the ,whole ,house on the ,state of the ,union1 and ordered to be printed