I 

113TH CONGRESS 

1ST SESSION H. R. 2295 

To require the Board of Governors of the Federal Reserve System, the 

Federal Deposit Insurance Corporation, and the Office of the Comptroller 

of the Currency to conduct an empirical impact study on proposed 

rules relating to the International Basel III agreement on general riskbased capital requirements, as they apply to smaller financial institutions. 

IN THE HOUSE OF REPRESENTATIVES 

JUNE 6, 2013 

Mr. MURPHY of Florida introduced the following bill; which was referred to 

the Committee on Financial Services 

A BILL 

To require the Board of Governors of the Federal Reserve 

System, the Federal Deposit Insurance Corporation, and 

the Office of the Comptroller of the Currency to conduct 

an empirical impact study on proposed rules relating 

to the International Basel III agreement on general riskbased capital requirements, as they apply to smaller financial institutions. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

mstockstill on DSK4VPTVN1PROD with BILLS

2 

•HR 2295 IH

1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Basel III Common3 sense Approach for Small Entities Act’’ or the ‘‘Basel III 

4 CASE Act’’. 

5 SEC. 2. FINAL RULES PENDING IMPACT STUDY. 

6 (a) IN GENERAL.—The Board of Governors of the 

7 Federal Reserve System, the Federal Deposit Insurance 

8 Corporation, and the Office of the Comptroller of the Cur9 rency (in this Act collectively referred to as the ‘‘Federal 

10 banking agencies’’) shall conduct an empirical study in ac11 cordance with subsection (b) prior to issuing any final rule 

12 in relation to proposals issued by the Federal banking 

13 agencies for the International Basel III agreement on gen14 eral risk-based capital requirements. 

15 (b) ISSUES TO BE STUDIED.—The study required by 

16 this section shall include— 

17 (1) a quantitative analysis of the impact of such 

18 rule on the financial services sector of the United 

19 States, specifically community, mid-size, and re20 gional financial institutions; and 

21 (2) a determination of the long-term impact of 

22 such rule, including changes to the current risk 

23 weight framework. 

24 SEC. 3. VOLUNTARY PARTICIPATION. 

25 Any financial institution may voluntarily provide in26 formation for the study upon the request of the Federal 

mstockstill on DSK4VPTVN1PROD with BILLS

3 

•HR 2295 IH

1 banking agencies, but may not be required to provide such 

2 information. 

3 SEC. 4. FINAL REPORT. 

4 (a) AVAILABILITY TO THE PUBLIC.—A final report 

5 on the completed study required by this Act shall be made 

6 available to the public for notice and comment for a period 

7 of not less than 3 months. 

8 (b) REVIEW.—The Federal banking agencies shall re9 view any comments submitted under subsection (a), and 

10 following such review, shall prescribe new rules, if appro11 priate, based on the results of the study and such com12 ments. Notwithstanding any other provision of law, a new 

13 rulemaking following such comment period shall include 

14 an additional comment period of not less than 3 months. 

Æ 

mstockstill on DSK4VPTVN1PROD with BILLS