,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #ebgj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #aj1        
#bjbe,mr4 ,huiz5ga 7= himself & ,mr4    
,b>r7 introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to require ! ,bo>d
 ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em  
to issue rules to e/abli% c]ta9         
me?odologies & sc5>ios us$ 9 /ress te/+1
 & = o!r purposes4  #a4 ,%ort title     
,?is ,act may be cit$ z ! ,/ress ,te/+  
,acc\ntability & ,transp>5cy ,act4  #b4 
,rulemak+ relat$ to /ress capital buff] 
requirem5ts  7a7 ,9 g5]al ,n lat] ?an   
#ij days aft] ! date ( ! enactm5t ( ?is 
section1 ! ,bo>d ( ,gov]nors ( ! ,f$]al 
,res]ve ,sy/em 79 ?is ,act ref]r$ to z !
 ,bo>d7 %all issue a rule to e/abli% any
 models1 assumptions1 =mulas1 or o!r    
decisional me?odologies t are us$ to    
det]m9e any compon5t or subcompon5t ( ! 
/ress capital buff] requirem5t = a bank 
hold+ company4  7b7 ,*anges ,! ,bo>d may
 only make *anges to ! rule issu$ "u    

subsection 7a7 ?r\gh notice & comm5t    
rulemak+4  7c7  ,no d\ble-,c\nt  ,!     
,bo>d %all ensure no d\ble-c\nt (       
capital requirem5ts = ! same risks 9 !  
/ress capital buff] requirem5t & !      
risk-bas$ capital requirem5ts4  7d7     
,/ress capital buff] requirem5t def9$ ,9
 ?is section1 ! t]m /ress capital buff] 
requirem5t has ! mean+ giv5 ! t]m 9     
section #bbe4h7;d7 ( title #ab ( ! ,code
 ( ,f$]al ,regulations4  #c4 ,rulemak+  
relat+ to /ress te/+  7a7 ,9 g5]al      
,beg9n+ 9 ! fir/ cal5d> ye> beg9n+ aft] 
! date ( ! enactm5t ( ?is section1 !    
,bo>d %all1 n less ?an #cj days be=e    
conduct+ a /ress te/ pursuant to section
 #afe7;i7 ( ! ,f9ancial ,/ability ,act (
 #bjaj1 issue a rule to e/abli% ea*     
sc5>io to be us$ 9 su* /ress te/4  7b7  
,prohibition ,! ,bo>d may n1 by rule or 
o!rwise1 subject any nonbank f9ancial   
company to a climate-relat$ /ress te/   
us+ ! au?ority provid$ 9 section        
#afe7;i7 ( ! ,f9ancial ,/ability ,act ( 
#bjaj4  #d4 ,,gao report  7a7 ,9 g5]al  

,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates 
%all1 e #c ye>s1 conduct a /udy & submit
 a report to ! ,congress ) respect to ! 
/ress te/s conduct$ by ! ,bo>d "u       
section #afe7;i7 ( ! ,f9ancial ,/ability
 ,act ( #bjaj 9 ! #c mo/ rec5t cal5d>   
ye>s4  7b7 ,cont5ts ,! report submitt$  
to ! ,congress "u subsection 7a7 %all   
consid] ! effectiv5ess ( ! /ress te/s 9 
evaluat+-- 7#a7 ! safety & s\ndness ( ! 
nonbank f9ancial in/itutions subject$ to
 /ress te/s2  7#b7 ! /ability ( ! ,unit$
 ,/ates f9ancial sy/em4