,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #deag  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #a1 #bjag,mr4
 ,faso 7= himself1 ,mr4 ,coll9s ( ,new  
,york1 & ,mr4 ,/iv]s7 introduc$ ! foll[+
 bill2 :i* 0 ref]r$ to ! ,committee on  
,f9ancial ,s]vices  ,a ,,bill  ,to am5d 
! ,home ,own]s' ,loan ,act to all[      
mutual hold+ companies to cl>ify        
requirem5ts relat$ to ! waiv] (         
divid5ds1 & = o!r purposes4  #a4        
,divid5d waiv] au?ority = mutual hold+  
companies ,section #aj7o77#aa7 ( ! ,home
 ,own]s' ,loan ,act 7#ab ,u4,s4,c4      
#adfg;a7o77#aa77 is am5d$-- 7#a7 9      
subp>agraph 7,d7--  7,a7 9 clause 7i71  
by add+ & at ! end2  7,b7 9 clause 7ii71
 by /rik+ 2 & & ins]t+ a p]iod2 &  7,c7 
by /rik+ clause 7iii72  7#b7 by am5d+   
subp>agraph 7,e7 to read z foll[s3  7,e7
 ,valuation ,! appropriate ,f$]al bank+ 
ag5cy may n consid] waiv$ divid5ds 9    
det]m9+ an appropriate ex*ange ratio 9 !
 ev5t ( a full conv]sion to /ock =m4  2 
&  7#c7 by add+ at ! end ! foll[+ new   

subp>agraph3  7,f7 ,rule ( con/ruction  
,no?+ 9 ?is p>agraph %all be con/ru$ to 
au?orize ! appropriate ,f$]al bank+     
ag5cy to require a vote ( memb]s ( a    
mutual hold+ company to approve "o or m 
divid5d waiv]s or to place any          
additional re/rictions on divid5d waiv]s
 by mutual hold+ companies t are        
inconsi/5t ) or exce$ ! requirem5ts set 
=? 9 ?is p>agraph4  4