,,ib ,union ,calendar ,no4 #afc #aagth  
,,congress  #b;d ,session  ,h4 ,r4 #deij
 ,report ,no4 #aag-bbi ,,in ,,the       
,,house ,,of ,,representatives  ,july   
#ba1 #bjba,mr4 ,auchincloss introduced  
the following bill2 which was referred  
to the ,committee on ,financial         
,services  ,january #bj1                
#bjbb;,additional sponsors3 ,mr4 ,green 
of ,texas1 ,mr4 ,mc,henry1 ,mr4 ,taylor1
 ,mr4 ,kildee1 and ,mr4 ,danny ,k4      
,davis of ,illinois  ,january #bj1      
#bjbb,reported with an amendment1       
committed to the ,committee of the      
,whole ,house on the ,state of the      
,union1 and ordered to be printed,strike
 out all after the enacting clause and  
insert the part printed in italic,for   
text of introduced bill1 see copy of    
bill as introduced on ,july #ba1 #bjba  
,a ,,bill  ,to require the ,federal     
banking regulators to jointly conduct a 
study and develop a strategic plan to   
address challenges faced by proposed    
depository institutions seeking de novo 

depository institution charters2 and for
 other purposes4  #a4 ,short title ,this
 ,act may be cited as the ,promoting    
,new and ,diverse ,depository           
,institutions ,act4  #b4 ,study and     
strategic plan  7a7 ,in general ,the    
,federal banking regulators shall       
jointly-- 7#a7 conduct a study about the
 challenges faced by proposed depository
 institutions1 including proposed       
minority depository institutions1       
seeking de novo depository institution  
charters2 and  7#b7 submit to the       
,committee on ,financial ,services of   
the ,house of ,representatives and the  
,committee on ,banking1 ,housing1 and   
,urban ,affairs of the ,senate and      
publish publically1 not later than #ah  
months after the date of the enactment  
of this section-- 7,a7 an analysis based
 on the study conducted pursuant to     
paragraph 7#a72  7,b7 any findings from 
the study conducted pursuant to         
paragraph 7#a72 and  7,c7 any           
legislative recommendations that the    

,federal banking regulators developed   
based on the study conducted pursuant to
 paragraph 7#a74  7b7 ,strategic plan   
7#a7 ,in general ,not later than #ah    
months after the date of the enactment  
of this section1 the ,federal banking   
regulators shall jointly submit to the  
,committee on ,financial ,services of   
the ,house of ,representatives and the  
,committee on ,banking1 ,housing1 and   
,urban ,affairs of the ,senate and      
publish publically a strategic plan     
based on the study conducted pursuant to
 subsection 7a7 and designed to help    
proposed depository institutions        
7including proposed minority depository 
institutions7 successfully apply for de 
novo depository institution charters in 
a manner that promotes increased        
availability of banking and financial   
services1 safety and soundness1 consumer
 protection1 community reinvestment1    
financial stability1 and a level playing
 field4  7#b7 ,contents of strategic    
plan ,the strategic plan described in   

paragraph 7#a7 shall-- 7,a7 promote the 
chartering of de novo depository        
institutions1 including-- 7i7 proposed  
minority depository institutions2 and   
7ii7 proposed depository institutions   
that could be certified as community    
development financial institutions2 and 
7,b7 describe actions the ,federal      
banking regulators may take that would  
increase the number of depository       
institutions located in geographic areas
 where consumers lack access to a branch
 of a depository institution4  7c7      
,public involvement ,when conducting the
 study and developing the strategic plan
 required by this ,act1 the ,federal    
banking regulators shall invite comments
 and other feedback from the public to  
inform the study and strategic plan4    
7d7 ,definitions ,in this ,act3 7#a7    
,depository institution ,the term       
depository institution has the meaning  
given in section #c of the ,federal     
,deposit ,insurance ,act1 and includes a
 ,federal credit union and a ,state     

credit union as such terms are defined1 
respectively1 under section #aja of the 
,federal ,credit ,union ,act4  7#b7     
,community development financial        
institution ,the term community         
development financial institution has   
the meaning given in section #ajc of the
 ,riegle ,community ,development and    
,regulatory ,improvement ,act of #aiid4 
7#c7 ,federal banking regulators ,the   
term ,federal banking regulators means  
the ,board of ,governors of the ,federal
 ,reserve ,system1 the ,comptroller of  
the ,currency1 the ,federal ,deposit    
,insurance ,corporation1 the ,national  
,credit ,union ,administration1 and the 
,director of the ,bureau of ,consumer   
,financial ,protection4  7#d7 ,minority 
depository institution ,the term        
minority depository institution has the 
meaning given in section #cjh7;b7 of the
 ,financial ,institutions ,reform1      
,recovery1 and ,enforcement ,act of     
#aihi4  ,january #bj1 #bjbb,reported    
with an amendment1 committed to the     

,committee of the ,whole ,house on the  
,state of the ,union1 and ordered to be 
printed