,,ib ,union ,cal5d> ,no4 #fab #aah?     
,,congress  #b;d ,session  ,h4 ,r4 #dbjf
 ,report ,no4 #aah-gbe ,,9 ,,! ,,h\se   
,,( ,,repres5tatives  ,june #bj1        
#bjbc,mr4 ,%]man introduc$ ! foll[+     
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,novemb] #a1        
#bjbd;,additional sponsor3 ,mr4 ,ca/5   
,novemb] #a1 #bjbd,report$ ) an am5dm5t1
 committ$ to ! ,committee ( ! ,:ole     
,h\se on ! ,/ate ( ! ,union1 & ord]$ to 
be printed,strike out all aft] ! enact+ 
clause & ins]t ! "p pr9t$ 9 italic,for  
text ( introduc$ bill1 see copy ( bill z
 introduc$ on ,june #bj1 #bjbc  ,a      
,,bill  ,to am5d ! ,f9ancial ,/ability  
,act ( #bjaj to require cov]$ f9ancial  
in/itutions to include elem5ts (        
accumulat$ o!r compreh5sive income :5   
calculat+ capital = purposes ( meet+    
capital requirem5ts1 & = o!r purposes4  
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,bank ,safety ,act ( #bjbd4  #b4      
,capital requirem5ts relat+ to          
accumulat$ o!r compreh5sive income  7a7 

,9 g5]al ,section #aga ( ! ,f9ancial    
,/ability ,act ( #bjaj 7#ab ,u4,s4,c4   
#ecga7 is am5d$ by add+ at ! end !      
foll[+ new subsection3  7d7 ,inclusion (
 elem5ts ( accumulat$ o!r compreh5sive  
income  7#a7 ,9 g5]al ,! computation (  
capital = purposes ( meet+ capital      
requirem5ts = a cov]$ f9ancial          
in/itution %all include ,,aoci4  7#b7   
,def9itions ,9 ?is subsection3 7,a7     
,,aoci ,! t]m ,,aoci means-- 7i7 all    
accumulat$ o!r compreh5sive income      
compon5ts1 except = accumulat$ net ga9s 
& losses on ca% fl[ h$ges relat$ to     
items t are n recogniz$ at fair value2  
or  7ii7 su* o!r def9ition z ! ,f$]al   
bank+ ag5cies may e/abli%1 by rule4     
7,b7 ,cov]$ f9ancial in/itution  7i7 ,9 
g5]al ,! t]m cov]$ f9ancial in/itution  
means-- 7,i7 a depository in/itution    
hold+ company 7z def9$ 9 section #c ( ! 
,f$]al ,deposit ,insurance ,act7 ) total
 consolidat$ assets great] ?an          
#ajj1jjj1jjj1jjj2  7,,ii7 an insur$     
depository in/itution ov] :i* a bank    

hold+ company does n h control ) total  
consolidat$ assets great] ?an           
#ajj1jjj1jjj1jjj2 or  7,,iii7 su* o!r   
category ( depository in/itution hold+  
companies or insur$ depository          
in/itutions z may be jo9tly det]m9$ by !
 ,f$]al bank+ ag5cies1 by rule1 bas$ on 
an analysis ( f9ancial risk-relat$      
factors4  7ii7 ,exception ,unless !     
,bo>d ( ,gov]nors det]m9es x to be      
necess>y to ensure ! safety & s\ndness (
 a cov]$ f9ancial in/itution1 ! t]m     
cov]$ f9ancial in/itution does n include
 a sav+s & loan hold+ company-- 7,i7 t  
is sub/antially engag$ 9 insurance      
und]writ+ or comm]cial activities2 or   
7,,ii7 ) respect to :i* ! ,small ,bank  
,hold+ ,company & ,sav+s & ,loan ,hold+ 
,company ,policy ,/atem5t ( ! ,bo>d (   
,gov]nors applies 7#ab ,,cfr #bbe app4  
,c74  4  7b7 ,transition provision  7#a7
 ,9 g5]al ,! ,f$]al bank+ ag5cies %all1 
jo9tly1 e/abli% a transition p]iod = !  
application ( ! requirem5t "u subsection
 7d7 ( section #aga ( ! ,f9ancial       

,/ability ,act ( #bjaj to a cov]$       
f9ancial in/itution 7includ+ an opt out 
in/itution7 t-- 7,a7 phases 9 su*       
requirem5t ov] "t2 &  7,b7 fully applies
 su* requirem5t to cov]$ f9ancial       
in/itutions on or be=e ,july #a1 #bjbh4 
7#b7 ,def9itions ,9 ?is subsection3 7,a7
 ,cov]$ f9ancial in/itution ,! t]m cov]$
 f9ancial in/itution has ! mean+ giv5 t 
t]m "u section #aga7;d7 ( ! ,f9ancial   
,/ability ,act ( #bjaj4  7,b7 ,f$]al    
bank+ ag5cy ,! t]m ,f$]al bank+ ag5cy   
has ! mean+ giv5 t t]m "u section #c ( !
 ,f$]al ,deposit ,insurance ,act 7#ab   
,u4,s4,c4 #ahac74  7,c7 ,opt out        
in/itution ,! t]m opt out in/itution    
means a cov]$ f9ancial in/itution t     
elect$ to opt out ( ! requirem5t to     
report accumulat$ o!r compreh5sive      
income compon5ts pursuant to ! rule     
titl$ ,*anges to ,applicability         
,?re%olds = ,regulatory ,capital &      
,liquidity ,requirem5ts 7#hd ,f$4 ,reg4 
#eibcj2 ,novemb] #a1 #bjai74  ,novemb]  
#a1 #bjbd,report$ ) an am5dm5t1 committ$

 to ! ,committee ( ! ,:ole ,h\se on !   
,/ate ( ! ,union1 & ord]$ to be pr9t$