,,ii  #aae? ,,congress  #a/ ,session    
,s4 #abhd  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #be1 #bjag,mr4    
,hat* 7= himself1 ,mr4 ,k+1 & ,mr4      
,nelson7 introduc$ ! foll[+ bill2 :i* 0 
read twice & ref]r$ to ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to raise ! consolidat$ assets  
?re%old "u ! small bank hold+ company   
policy /atem5t1 & = o!r purposes4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,community ,bank ,relief ,act4  #b4     
,def9itions ,9 ?is ,act--  7#a7 ! t]m   
bank hold+ company has ! mean+ giv5 !   
t]m 9 section #b ( ! ,bank ,hold+       
,company ,act ( #aief 7#ab ,u4,s4,c4    
#ahda72  7#b7 ! t]m ,bo>d means ! ,bo>d 
( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em2 &
  7#c7 ! t]m sav+s & loan hold+ company 
has ! mean+ giv5 ! t]m 9 section #aj7;a7
 ( ! ,home ,own]s' ,loan ,act 7#ab      
,u4,s4,c4 #adfg;a7a774  #c4 ,*anges     
requir$ to small bank hold+ company     
policy /atem5t on assessm5t ( f9ancial &
 manag]ial factors  7a7 ,9 g5]al ,be=e !

 end ( ! #f-mon? p]iod beg9n+ on ! date 
( ! enactm5t ( ?is ,act1 ! ,bo>d (      
,gov]nors ( ! ,f$]al ,res]ve ,sy/em %all
 revise app5dix ,c ( "p #bbe ( title    
#ab1 ,code ( ,f$]al ,regulations        
7commonly kn[n z ! ,small ,bank ,hold+  
,company & ,sav+s & ,loan ,hold+        
,company ,policy ,/atem5t71 to raise !  
consolidat$ asset ?re%old "u t app5dix f
 #a1jjj1jjj1jjj 7z adju/$ by ,public    
,law #aac-bej 7#ab ,u4,s4,c4 #ecga      
note77 to #e1jjj1jjj1jjj = bank hold+   
companies & sav+s & loan hold+ companies
 t--  7#a7 are n engag$ 9 significant   
nonbank+ activities ei!r directly or    
?r\gh a nonbank subsidi>y2  7#b7 d n    
conduct significant (f-balance %eet     
activities 7includ+ securitization &    
asset managem5t or adm9i/ration7 ei!r   
directly or ?r\gh a nonbank subsidi>y2 &
  7#c7 d n h a mat]ial am\nt ( debt or  
equity securities out/&+ 7o!r ?an tru/  
pref]r$ securities7 t are regi/]$ ) !   
,securities & ,ex*ange ,commission4  7b7
 ,exclusions ,! ,bo>d may exclude any   

bank hold+ company or sav+s & loan hold+
 company1 reg>dless ( asset size1 f !   
revision "u subsection 7a7 if ! ,bo>d   
det]m9es t su* action is w>rant$ =      
sup]visory purposes4  7c7 ,con=m+       
am5dm5t ,section #aga7;b77#e7 ( !       
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecga7;b77#e77 is am5d$ by /rik+       
subp>agraph 7,c7 & ins]t+ ! foll[+3     
7,c7 any bank hold+ company or sav+s &  
loan hold+ company t is subject to !    
application ( app5dix ,c ( "p #bbe (    
title #ab1 ,code ( ,f$]al ,regulations  
7commonly kn[n z ! ,small ,bank ,hold+  
,company & ,sav+s & ,loan ,hold+        
,company ,policy ,/atem5t74  4