#aaeth ,,congress  #b;d ,session  ,h4   
,r4 #deff  ,,an ,,act  ,to amend the    
,dodd-,frank ,wall ,street ,reform and  
,consumer ,protection ,act to provide   
relief to nonbanks from certain stress  
test requirements under such ,act4  #a4 
,short title ,this ,act may be cited as 
the ,alleviating ,stress ,test ,burdens 
to ,help ,investors ,act4  #b4 ,stress  
test relief for nonbanks ,section       
#afe7;i7 of the ,dodd-,frank ,wall      
,street ,reform and ,consumer           
,protection ,act 7#ab ,u4,s4,c4         
#ecfe7;i77 is amended--  7#a7 in        
paragraph 7#a77;,b7-- 7,a7 by           
redesignating clauses 7ii7 through 7v7  
as clauses 7iii7 through 7vi71          
respectively2  7,b7 by inserting after  
clause 7i7 the following3  7ii7 may     
conduct the evaluation required by this 
subsection utilizing alternatives to the
 capital adequacy test described in     
subparagraph 7,a71 as the ,board may    
determine appropriate2  2  7,c7 in      
clause 7iii71 as so redesignated1 by    

inserting before the semicolon the      
following3 1 provided that such tests of
 any nonbank financial company--  7,i7  
are requested by a majority vote of the 
,council2  7,,ii7 are conducted in      
accordance with the company's business  
model1 including by utilizing           
alternatives to the capital adequacy    
test described in subparagraph 7,a71 as 
the ,board may determine appropriate2   
and  7,,iii7 are not already required by
 the company's ,federal primary         
financial regulatory agency  2 and  7,d7
 in clause 7vi71 as so redesignated1 by 
striking clause 7ii7 and inserting      
clause 7iii72 and  7#b7 in paragraph    
7#b7-- 7,a7 in subparagraph 7,a71 by    
striking are regulated by a primary     
,federal financial regulatory agency and
 inserting3 whose primary financial     
regulatory agency is a ,federal banking 
agency or the ,federal ,housing ,finance
 ,agency2  7,b7 in subparagraph 7,c71 by
 striking ,each ,federal primary        
financial regulatory agency and         

inserting ,each ,federal banking agency 
and the ,federal ,housing ,finance      
,agency2 and  7,c7 by adding at the end 
the following3  7,d7 ,,sec and ,,cftc   
,the ,securities and ,exchange          
,commission and the ,commodity ,futures 
,trading ,commission may each issue     
regulations requiring financial         
companies with respect to which they are
 the primary financial regulatory agency
 to conduct periodic analyses of the    
financial condition1 including available
 liquidity1 of such companies under     
adverse economic conditions4  4  #c4    
,rule of construction ,nothing in this  
,act shall be construed to limit the    
authority of the ,financial ,stability  
,oversight ,council under section #abj  
of the ,dodd-,frank ,wall ,street       
,reform and ,consumer ,protection ,act  
7#ab ,u4,s4,c4 #eccj74  ,passed the     
,house of ,representatives ,march #bj1  
#bjah4;,clerk4