,i #aaeth ,,congress #b;d ,session ,h4 ,r4 #efei ,,in ,,the ,,house ,,of ,,representatives ,april #bg1 #bjah ,mrs4 ,love 7for herself and ,mr4 ,huizenga7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to amend the ,bank ,holding ,company ,act of #aief to provide relief from the ,volcker ,rule for community banks4 #a4 ,short title ,this ,act may be cited as the ,volcker ,rule ,relief ,act of #bjah4 #b4 ,community bank relief ,section #ac7;h77#a7 of the ,bank ,holding ,company ,act of #aief 7#ab ,u4,s4,c4 #ahea7;h77#a77 is amended-- 7#a7 in subparagraph 7,d71 by redesignating clauses 7i7 and 7ii7 as subclauses 7,i7 and 7,,ii71 respectively1 and adjusting the margins accordingly2 7#b7 by redesignating subparagraphs 7,a7 through 7,d7 as clauses 7i7 through 7iv71 respectively1 and adjusting the margins accordingly2 7#c7 in the matter preceding clause 7i71 as so redesignated1 in the second sentence1 by striking institution that functions solely in a trust or fiduciary capacity1 if-- and inserting the following3 institution-- 7,a7 that functions solely in a trust or fiduciary capacity1 if-- 2 7#d7 in clause 7iv77,,ii71 as so redesignated1 by striking the period at the end and inserting 2 or2 and 7#e7 by adding at the end the following3 7,b7 that does not have1 and is not controlled by a covered fund or a bank holding company that has-- 7i7 more than #aj1jjj1jjj1jjj in total consolidated assets2 and 7ii7 total trading assets and trading liabilities1 as reported on the most recent applicable regulatory filing filed by the institution1 that are more than #e percent of total consolidated assets4 4