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[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3791 Reported in House (RH)]

<DOC>

                                                 Union Calendar No. 360
114th CONGRESS
   2d Session
                                H. R. 3791

                          [Report No. 114-474]

To raise the consolidated assets threshold under the small bank holding 
           company policy statement, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                            October 21, 2015

 Mrs. Love (for herself and Mr. Luetkemeyer) introduced the following 
    bill; which was referred to the Committee on Financial Services

                             March 23, 2016

    Additional sponsors: Mr. Sessions, Mr. Williams, and Mr. Stivers

                             March 23, 2016

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed

_______________________________________________________________________

                                 A BILL

 
To raise the consolidated assets threshold under the small bank holding 
           company policy statement, and for other purposes.

 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CHANGES REQUIRED TO SMALL BANK HOLDING COMPANY POLICY 
              STATEMENT ON ASSESSMENT OF FINANCIAL AND MANAGERIAL 
              FACTORS.

    (a) In General.--Before the end of the 6-month period beginning on 
the date of the enactment of this Act, the Board of Governors of the 
Federal Reserve System shall revise the Small Bank Holding Company 
Policy Statement on Assessment of Financial and Managerial Factors (12 
C.F.R. part 225--appendix C) to raise the consolidated asset threshold 
under such policy statement from $1,000,000,000 (as adjusted by Public 
Law 113-250) to $5,000,000,000.
    (b) Conforming Amendment.--Subparagraph (C) of section 171(b)(5) of 
the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 
U.S.C. 5371(b)(5)) is amended to read as follows:
                    ``(C) any bank holding company or savings and loan 
                holding company that is subject to the application of 
                the Small Bank Holding Company Policy Statement on 
                Assessment of Financial and Managerial Factors of the 
                Board of Governors (12 C.F.R. part 225--appendix C).''.
                                                 Union Calendar No. 360

114th CONGRESS

   2d Session

                               H. R. 3791

                          [Report No. 114-474]

_______________________________________________________________________

                                 A BILL

To raise the consolidated assets threshold under the small bank holding 
           company policy statement, and for other purposes.

_______________________________________________________________________

                             March 23, 2016

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed
```