,,ii  #aaeth ,,congress  #ast ,session  
,s4 #afdg  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #bg1     
#bjag,mr4 ,wicker 7for himself1 ,ms4    
,duckworth1 ,mr4 ,cochran1 and ,ms4     
,baldwin7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs  ,a ,,bill  ,to     
require the appropriate ,federal banking
 agencies to treat certain              
non-significant investments in the      
capital of unconsolidated financial     
institutions as qualifying capital      
instruments1 and for other purposes4    
#a4 ,treatment of certain nonsignificant
 investments in the capital of          
unconsolidated financial institutions   
7a7 ,in general ,section #ah of the     
,federal ,deposit ,insurance ,act 7#ab  
,u4,s4,c4 #ahbh7 is amended-- 7#a7 by   
moving subsection 7z7 so that it appears
 after subsection 7y72 and  7#b7 by     
adding at the end the following3  7aa7  
,treatment of nonsignificant investments

 in the capital of unconsolidated       
financial institutions ,for purposes of 
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 #bjad7 and any other regulation   
which incorporates a definition of the  
term nonsignificant investments in the  
capital of unconsolidated financial     
institutions1 the appropriate ,federal  
banking agencies shall provide that     
investments in trust preferred          
securities 7pooled and individual       
instruments7 by a depository institution
 with assets of less than               

#ae1jjj1jjj1jjj as of ,july #ba1 #bjaj1 
or a depository institution holding     
company with assets of less than        
#ae1jjj1jjj1jjj as of ,july #ba1 #bjaj1 
shall not be subject to deduction from  
the regulatory capital of such          
depository institution or depository    
institution holding company or any      
depository institution holding company  
of such an institution1 provided such   
investments were held prior to ,july    
#ba1 #bjaj4  4  7b7 ,amendment to ,basel
 ,,iii ,capital ,regulations ,not later 
than the end of the #c-month period     
beginning on the date of the enactment  
of this ,act1 the ,federal ,deposit     
,insurance ,corporation1 the ,board of  
,governors of the ,federal ,reserve     
,system1 and the ,comptroller of the    
,currency shall amend 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 #bjad7 to implement the amendments
 made by this ,act4