,,ib ,union ,cal5d> ,no4 #dje #aai?     
,,congress  #b;d ,session  ,h4 ,r4 #fedg
 ,report ,no4 #aai-dgd ,,9 ,,! ,,h\se   
,,( ,,repres5tatives  ,decemb] #aj1     
#bjbe,mr4 ,flood introduc$ ! foll[+     
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,febru>y #b1        
#bjbf;,additional sponsors3 ,mr4 ,fo/]1 
,mr4 ,rose1 ,mr4 ,mosk[itz1 & ,mr4      
,lawl]  ,febru>y #b1 #bjbf,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 ,decemb] #aj1
 #bjbe  ,a ,,bill  ,to am5d ! ,f$]al    
,deposit ,insurance ,act to provide an  
exception to ! lea/-co/ resolution      
requirem5t1 & = o!r purposes4  #a4 ,%ort
 title ,?is ,act may be cit$ z ! ,lea/  
,co/ ,exception ,act4  #b4 ,lea/ co/    
resolution exception to avoid fur!r     
conc5tration among global sy/emically   
important bank+ organizations  7a7 ,9   

g5]al ,section #ac7;c77#d7 ( ! ,f$]al   
,deposit ,insurance ,act 7#ab ,u4,s4,c4 
#ahbc7;c77#d77 is am5d$-- 7#a7 9        
subp>agraph 7,a77ii71 by ins]t+ except z
 provid$ 9 subp>agraph 7,i71 be=e !     
total am\nt2  7#b7 9 subp>agraph        
7,e77i71 by ins]t+ & except z provid$ 9 
subp>agraph 7,i71 aft] appropriate12 &  
7#c7 by add+ at ! end ! foll[+3  7,i7   
,lea/ co/ resolution exception  7i7 ,9  
g5]al ,) respect to an ex]cise (        
au?ority by ! ,corporation describ$ 9   
subp>agraph 7,a71 ! ,corporation may1 at
 ! discretion ( ! ,corporation1 select  
an alt]native me?od ( ex]cis+ su*       
au?ority t is n ! lea/ co/ly to !       
,deposit ,insurance ,fund1 if-- 7,i7 !  
,corporation det]m9es t ! select$       
alt]native complies ) ! requirem5ts (   
clause 7iii72 &  7,,ii7 ! ,corporation &
 ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve 
,sy/em1 aft] consultation ) ! ,secret>y 
( ! ,treasury1 det]m9e t ! pot5tial     
additional risks to ! ,deposit          
,insurance ,fund ( ! select$ alt]native 

are outweigh$ by ! reasonably expect$   
b5efits ( limit+ fur!r conc5tration ( ! 
,unit$ ,/ates bank+ sy/em 9 global      
sy/emically important bank+             
organizations4  7ii7 ,maximum co/ to !  
,deposit ,insurance ,fund ,n lat] ?an #a
 ye> aft] ! date ( enactm5t ( ?is       
subp>agraph1 ! ,corporation1 by rule1   
%all e/abli% crit]ia = det]m9+ on a     
case-by-case basis ! maximum all[able   
co/ aga9/ ! net wor? ( ! ,deposit       
,insurance ,fund t may be utiliz$ to    
acc\nt = any det]m9ation "u clause 7i74 
7iii7 ,requirem5ts describ$ ,!          
requirem5ts = ! select$ alt]native      
describ$ 9 clause 7i7 are z foll[s3 7,i7
 ,! select$ alt]native is lea/ co/ly to 
! ,deposit ,insurance ,fund ( all       
alt]natives t d n involve a transaction 
) a global sy/emically important bank+  
organization & t d n exce$ ! co/ (      
liquidat+ ! insur$ depository           
in/itution4  7,,ii7 ,! diff]5ce betwe5 !
 co/ ( ! select$ alt]native & ! co/ ( a 
cov]$ alt]native is less ?an ! maximum  

co/ to ! ,deposit ,insurance ,fund      
specifi$ pursuant to ! rule adopt$ "u   
clause 7ii74  7,,iii7 ,9 ! case ( a     
select$ alt]native t involves ano!r     
p]son pur*as+ assets ( ! insur$         
depository in/itution or assum+ deposit 
liabilities ( ! insur$ depository       
in/itution1 su* p]son agrees to pay an  
assessm5t to ! ,corporation compris$ (  
paym5ts-- 7aa7 made ov] a p]iod to be   
det]m9$ by ! ,corporation1 b :i* may n  
be less ?an #e ye>s2 &  7bb7 9 an am\nt 
t takes into acc\nt1 on a case-by-case  
basis1 crit]ia ! ,corporation1 by rule1 
%all e/abli%1 includ+ a reali/ic disc\nt
 rate1 ! aggregate am\nt equal to !     
diff]5ce calculat$ 9 subclause 7,,ii71 &
 any bid inconsi/5t ) ! purposes ( ?is  
,act1 ) su* rule to be e/abli%$ by !    
,corporation n lat] ?an #a ye> aft] !   
date ( enactm5t ( ?is subp>agraph4  7iv7
 ,report to ,congress ,n lat] ?an #cj   
days aft] select+ an alt]native describ$
 9 clause 7i71 ! ,corporation %all issue
 a report to ! ,committee on ,f9ancial  

,s]vices ( ! ,h\se ( ,repres5tatives & !
 ,committee on ,bank+1 ,h\s+1 & ,urban  
,affairs ( ! ,s5ate conta9+ an analysis 
( ! economic diff]5ce betwe5 ! co/ to ! 
,deposit ,insurance ,fund ( ! select$   
alt]native & ! co/ to ! ,deposit        
,insurance ,fund ( ! lea/ co/ly         
alt]native t w\ld h be5 select$ abs5t ! 
application ( ?is subp>agraph4  7v7 ,co/
 det]m9ations ,all co/ det]m9ations     
requir$ "u ?is subp>agraph %all be made 
9 accordance ) subp>agraphs 7,b7 & 7,c74
  7vi7 ,def9itions ,9 ?is subp>agraph3  
7,i7 ,cov]$ alt]native ,! t]m cov]$     
alt]native means a me?od ( ex]cis+      
au?ority describ$ 9 subp>agraph 7,a7 t  
is ! lea/ co/ly to ! ,deposit ,insurance
 ,fund ( all su* me?ods t involve a sale
 ( all or sub/antially all assets ( !   
insur$ depository in/itution to1 &      
assumption ( all or sub/antially all    
deposit liabilities ( ! insur$          
depository in/itution by1 a global      
sy/emically important bank+             
organization4  7,,ii7 ,global           

sy/emically important bank+ organization
 ,! t]m global sy/emically important    
bank+ organization means a global       
sy/emically important ,,bhc 7z su* t]m  
is def9$ 9 section #bag4djb ( title #ab1
 ,code ( ,f$]al ,regulations1 or any    
successor !reto7 & any affiliate !re(4  
4  7b7 ,rule ( con/ruction ,section     
#ac7;c77#d77;,h7 ( ! ,f$]al ,deposit    
,insurance ,act 7#ab ,u4,s4,c4          
#ahbc7;c77#d77;,h77 does n apply to !   
am5dm5ts made by subsection 7a74        
,febru>y #b1 #bjbf,report$ ) an am5dm5t1
 committ$ to ! ,committee ( ! ,:ole     
,h\se on ! ,/ate ( ! ,union1 & ord]$ to 
be pr9t$