,,ii  #aae? ,,congress  #a/ ,session    
,s4 #cff  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,febru>y #ac1 #bjag,mr4
 ,r\nds introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to require ! ,f$]al f9ancial   
in/itutions regulatory ag5cies to take  
risk pr(iles & bus9ess models (         
in/itutions into acc\nt :5 tak+         
regulatory actions1 & = o!r purposes4   
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,tak+ ,acc\nt ( ,in/itutions ) ,l[    
,op]ation ,risk ,act ( #bjag or !       
,,tailor ,act ( #bjag4  #b4 ,tailor+    
regulation to bus9ess model & risk  7a7 
,def9itions ,9 ?is section-- 7#a7 ! t]m 
,f$]al f9ancial in/itutions regulatory  
ag5cies means ! ,(fice ( ! ,comptroll] (
 ! ,curr5cy1 ! ,bo>d ( ,gov]nors ( !    
,f$]al ,res]ve ,sy/em1 ! ,f$]al ,deposit
 ,insurance ,corporation1 ! ,national   
,cr$it ,union ,adm9i/ration1 & ! ,bureau
 ( ,consum] ,f9ancial ,protection2 &    
7#b7 ! t]m regulatory action-- 7,a7     

means any propos$1 int]im1 or f9al rule 
or regulation1 guidance1 or publi%$     
int]pretation2 &  7,b7 does n include   
any action tak5 by a ,f$]al f9ancial    
in/itutions regulatory ag5cy t is solely
 applicable to an individual in/itution1
 includ+ an en=cem5t action or ord]4    
7b7 ,consid]ation & tailor+ ,= any      
regulatory action occurr+ aft] ! date ( 
enactm5t ( ?is ,act1 ea* ,f$]al f9ancial
 in/itutions regulatory ag5cy %all--    
7#a7 take into consid]ation ! risk      
pr(ile & bus9ess models ( individual    
in/itutions & ^? ( simil> type t are    
subject to ! regulatory action2 &  7#b7 
tailor su* regulatory action applicable 
to su* in/itution1 or type ( in/itution1
 9 a mann] t limits ! regulatory impact1
 includ+ co/1 human res\rce allocation &
 o!r burd5s1 on su* in/itution or type (
 in/itution z is appropriate = ! risk   
pr(ile & bus9ess model involv$4  7c7    
,factors ,to consid] ,9 c>ry+ out !     
requirem5ts ( subsection 7b7 7& includ+ 
consid]ation ( ! requirem5ts ( p>agraph 

7#a7 ( t subsection71 ea* ,f$]al        
f9ancial in/itutions regulatory ag5cy   
%all consid]--  7#a7 :e!r x is necess>y 
to apply su* regulatory action to       
individual in/itutions or ^? ( simil>   
type 9 ord] to accompli% ! und]ly+      
public policy objectives ( ! /atutory   
provision involv$2  7#b7 ! impact ( su* 
regulatory action on ! ability ( su*    
in/itutions to flexibly s]ve _! cu/om]s 
& local m>kets n[ & 9 ! future2  7#c7 ! 
aggregate impact ( all applicable       
regulatory actions on ! ability ( su*   
in/itutions to flexibly s]ve su* cu/om]s
 & local m>kets1 bo? n[ & 9 ! future2   
7#d7 ! pot5tial impact t ef=ts to       
implem5t ! regulatory action1 includ+   
?r\gh ! use ( exam9ation manuals1       
?ird-p>ty s]vice provid] actions1 or o!r
 factors1 may "w to und]cut ef=ts to    
tailor su* regulatory action describ$ 9 
subsection 7b77#b72 &  7#e7 ! /atutory  
provision au?oriz+ ! regulatory action1 
! congressional int5t ) respect to !    
/atutory provision1 & ! policy          

objectives s\ght by ! ,f$]al f9ancial   
regulatory ag5cy 9 implem5t+ t /atutory 
provision4  7d7 ,notice ( propos$ & f9al
 rulemak+ ,ea* ,f$]al f9ancial          
in/itutions regulatory ag5cy %all       
disclose & docum5t 9 e notice ( propos$ 
rulemak+ & 9 any f9al rulemak+ = a      
regulatory action h[ ! ag5cy has appli$ 
subsections 7b7 & 7c74  7e7 ,reports to 
,congress  7#a7 ,individual ag5cy       
reports ,n lat] ?an #a ye> aft] ! date (
 enactm5t ( ?is ,act & annually !reaft]1
 ea* ,f$]al f9ancial in/itutions        
regulatory ag5cy %all submit to !       
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! ,committee  
on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! 
,s5ate a report on ! specific actions   
tak5 to tailor ! regulatory actions ( ! 
,f$]al f9ancial in/itutions regulator   
ag5cy pursuant to ! requirem5ts ( ?is   
section4  7#b7 ,,ffiec reports ,n lat]  
?an #c mon?s aft] ea* report is submitt$
 "u p>agraph 7#a71 ! ,f$]al ,f9ancial   
,in/itutions ,exam9ation ,c\ncil %all   

submit to ! ,committee on ,f9ancial     
,s]vices ( ! ,h\se ( ,repres5tatives & !
 ,committee on ,bank+1 ,h\s+1 & ,urban  
,affairs ( ! ,s5ate a report on--  7,a7 
! ext5t to :i* ea* ,f$]al f9ancial      
in/itutions regulatory ag5cy diff]s 9 ! 
treatm5t ( simil>ly situat$ in/itutions 
( diff]5t *>t] type2 &  7,b7 an         
explanation = su* diff]5tial treatm5t4  
7f7 ,limit$ look-,back application  7#a7
 ,9 g5]al ,ea* ,f$]al f9ancial          
in/itutions regulatory ag5cy %all-- 7,a7
 conduct a review ( all regulations     
issu$ 9 f9al =m pursuant to /atutes     
enact$ dur+ ! p]iod beg9n+ on or aft]   
,july #ba1 #bjaj1 & end+ on ! date ( !  
enactm5t ( ?is ,act2 &  7,b7 apply !    
requirem5ts ( ?is section to su*        
regulations4  7#b7 ,revision ,any       
regulation revis$ "u p>agraph 7#a7 %all 
be revis$ n lat] ?an #c ye>s aft] ! date
 ( enactm5t ( ?is ,act4