business is not clustered in geographical areas and 
is thinly dispersed across the country, the institution 
shall— 
‘‘(A) be evaluated under subsection (a) or 
(b), as applicable— 
‘‘(i) by considering the effectiveness of 
the institution in serving customers or bor-
rowers, with a special emphasis on low- 
and moderate-income individuals across the 
country regardless of where the individuals 
reside; and 
‘‘(ii) based on objective thresholds de-
veloped by the appropriate Federal finan-
cial supervisory agencies to clarify when 
lending or other business is dispersed 
across the country and not clustered in 
distinct geographical areas, which may in-
clude low levels of lending or other finan-
cial products across States or other areas; 
and 
‘‘(B) meet the needs of other distressed or 
underserved communities. 
‘‘(d) CONSIDERATION.—Remediation of consumers 
pursuant to an order by an court or administrative body 
or a settlement with a government agency or a private 
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00058
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
party shall not be considered in an assessment conducted 
under subsection (a)(2) or (b)(2). 
‘‘(e) RULE OF CONSTRUCTION.—An evaluation of a 
bank holding company under this section shall incorporate 
evaluations of subsidiary regulated financial institutions 
made by the appropriate Federal financial supervisory 
agency of each subsidiary, if applicable.’’; 
(C) in subsection (f), as so redesignated— 
(i) by striking paragraph (2); 
(ii) by redesignating paragraph (3) as 
paragraph (2); and 
(iii) in paragraph (2), as so redesig-
nated, by striking subparagraph (C); and 
(D) in subsection (g), as so redesignated, 
by striking ‘‘subsection (a)’’ and inserting ‘‘sub-
sections (a) and (b)’’; 
(3) in section 807 (12 U.S.C. 2906)— 
(A) in subsection (a)— 
(i) by striking ‘‘an insured depository 
institution’’ and inserting ‘‘a regulated fi-
nancial institution’’; and 
(ii) by inserting ‘‘or financial’’ after 
‘‘credit’’; 
(B) in subsection (b)— 
(i) in paragraph (1)— 
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00059
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
(I) in subparagraph (A)— 
(aa) in clause (ii), by strik-
ing ‘‘and’’ at the end; 
(bb) by redesignating clause 
(iii) as clause (iv); and 
(cc) by inserting after clause 
(ii) the following: 
‘‘(iii) disclose whether the institution en-
gaged in acts or practices that the Bureau of 
Consumer Financial Protection has determined, 
and has publicly disclosed, violate the enumer-
ated consumer laws; and’’; and 
(II) by striking subparagraph (B) 
and inserting the following: 
‘‘(B) METROPOLITAN
AREA
DISTINCTIONS.— 
The information required under clauses (i) and (ii) 
of subparagraph (A) shall be presented separately 
for each assessment area. 
‘‘(C) TREATMENT
WITH
RESPECT
TO
VIOLA-
TIONS
OF
ENUMERATED
CONSUMER
LAWS.—If a 
regulated financial institution has engaged in acts or 
practices that the appropriate Federal financial su-
pervisory agency has determined to be unfair, decep-
tive, or abusive or acts or practices that violate enu-
merated consumer laws intended to ensure the fair, 
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00060
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
equitable, and nondiscriminatory access to credit for 
individuals and communities that are enforced by 
the Bureau of Consumer Financial Protection or 
other Federal or State agencies, the written evalua-
tion shall be negatively influenced in a manner com-
mensurate with the extent of the harm suffered by 
those individuals and communities.’’; 
(ii) in paragraph (2)— 
(I) by striking subparagraphs 
(A), (B), (C), and (D) and inserting 
the following: 
‘‘(A) ‘Outstanding record of meeting com-
munity credit or other financial needs’. 
‘‘(B) ‘Satisfactory record of meeting com-
munity credit or other financial needs’. 
‘‘(C) ‘Sufficient record of meeting commu-
nity credit or other financial needs’. 
‘‘(D) ‘Needs to improve record of meeting 
community credit or other financial needs’. 
‘‘(E) ‘Substantial noncompliance in meet-
ing 
community 
credit 
or 
other 
financial 
needs’.’’; and 
(iii) by inserting after the flush text 
following paragraph (2) the following: 
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00061
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
‘‘(3) ADDITIONAL
AUTHORITY.—The appro-
priate Federal financial supervisory agencies may— 
‘‘(A) alter the ratings under this sub-
section to change or include additional ratings; 
and 
‘‘(B) develop an accompanying point sys-
tem that includes ranges for each rating cat-
egory under paragraph (2).’’; 
(C) by redesignating subsection (e) as sub-
section (f); and 
(D) by inserting after subsection (d) the 
following: 
‘‘(e) APPEALS OF RATING.—If a regulated financial 
institution appeals the assigned rating under this section, 
the appropriate Federal financial supervisory agency shall 
post a public notice of the appeal on the website of the 
appropriate Federal financial supervisory agency.’’; and 
(4) by adding at the end the following: 
‘‘SEC. 810. DATA COLLECTION AND REPORTING REQUIRE-
MENTS. 
‘‘(a) DATA COLLECTION.— 
‘‘(1) SMALL
BUSINESS
AND
SMALL
FARM 
LOANS.—Each regulated financial institution shall 
collect and maintain in machine readable form, as 
prescribed by the appropriate Federal financial su-
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00062
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
pervisory agency, until the completion of the next ex-
amination under this title, the following data for 
each small business or small farm loan originated or 
purchased by the regulated financial institution: 
‘‘(A) A unique number or alpha-numeric 
symbol that can be used to identify the relevant 
loan. 
‘‘(B) The loan amount at origination. 
‘‘(C) The loan location. 
‘‘(D) An indicator whether the loan was to 
a business or farm with gross annual revenues 
of $1,000,000 or less. 
‘‘(2) CONSUMER LOANS.—Each regulated finan-
cial institution shall collect and maintain in machine 
readable form, as prescribed by the appropriate Fed-
eral financial supervisory agency, data for consumer 
loans originated or purchased by the regulated fi-
nancial institution, including motor vehicle loans, 
credit cards, home equity loans, and other secured 
or unsecured loans. The regulated financial institu-
tion shall maintain data separately for each category 
of consumer loan, including the following for each 
loan: 
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00063
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
‘‘(A) A unique number or alpha-numeric 
symbol that can be used to identify the relevant 
loan. 
‘‘(B) The loan amount at origination or 
purchase. 
‘‘(C) The loan location. 
‘‘(D) The gross annual income of the bor-
rower that the regulated financial institution 
considered in making its credit decision. 
‘‘(3) COMMUNITY
DEVELOPMENT
LOANS
AND 
INVESTMENTS.—Each regulated financial institution 
shall collect and maintain in machine readable form, 
as prescribed by the appropriate Federal financial 
supervisory agency, data on the categories of com-
munity development lending and investments, includ-
ing data regarding financing affordable housing, 
small business development, and economic develop-
ment. 
‘‘(4) ASSESSMENT
AREA
DATA.—Each regu-
lated financial institution shall collect and report to 
the appropriate Federal financial supervisory agency 
by March 1 of each year a list for each assessment 
area showing the geographies within the area. 
‘‘(5) DEPOSITS.—The appropriate Federal Su-
pervisory agency shall collect data from regulated fi-
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00064
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
nancial institutions that reflects how many of the 
customers of those institutions are low- and mod-
erate-income customers and the services that are 
used by those customers. 
‘‘(b) CRA SMALL BUSINESS DISCLOSURE STATE-
MENT.—The appropriate Federal financial supervisory 
agency shall prepare annually for each regulated financial 
institution that reports data pursuant to this section a 
statement to be known as the ‘CRA Small Business Dis-
closure Statement’ that contains, on a State-by-State 
basis, the following: 
‘‘(1) For each county (and for each assessment 
area smaller than a county) with a population of 
500,000 persons or fewer in which the regulated fi-
nancial institution reported a small business or small 
farm loan: 
‘‘(A) The number and amount of small 
business and small farm loans reported as origi-
nated or purchased located in low-, moderate-, 
middle-, and upper-income geographies. 
‘‘(B) A list grouping each geography ac-
cording to whether the geography is low-, mod-
erate-, middle-, or upper-income. 
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00065
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
‘‘(C) A list showing each geography in 
which the regulated financial institution re-
ported a small business or small farm loan. 
‘‘(D) The number and amount of small 
business and small farm loans to businesses 
and farms with gross annual revenues of 
$1,000,000 or less. 
‘‘(2) For each county (and for each assessment 
area smaller than a county) with a population in ex-
cess of 500,000 in which the regulated financial in-
stitution reported a small business or small farm 
loan: 
‘‘(A) The number and amount of small 
business and small farm loans reported as origi-
nated or purchased located in geographies with 
median income relative to the area median in-
come of less than 10 percent, 10 or more but 
less than 20 percent, 20 or more but less than 
30 percent, 30 or more but less than 40 per-
cent, 40 or more but less than 50 percent, 50 
or more but less than 60 percent, 60 or more 
but less than 70 percent, 70 or more but less 
than 80 percent, 80 or more but less than 90 
percent, 90 or more but less than 100 percent, 
100 or more but less than 110 percent, 110 or 
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00066
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
more but less than 120 percent, and 120 per-
cent or more. 
‘‘(B) A list grouping each geography in the 
county or assessment area according to whether 
the median income in the geography relative to 
the area median income is less than 10 percent, 
10 or more but less than 20 percent, 20 or 
more but less than 30 percent, 30 or more but 
less than 40 percent, 40 or more but less than 
50 percent, 50 or more but less than 60 per-
cent, 60 or more but less than 70 percent, 70 
or more but less than 80 percent, 80 or more 
but less than 90 percent, 90 or more but less 
than 100 percent, 100 or more but less than 
110 percent, 110 or more but less than 120 
percent, and 120 percent or more. 
‘‘(C) A list showing each geography in 
which the regulated financial institution re-
ported a small business or small farm loan. 
‘‘(D) The number and amount of small 
business and small farm loans to businesses 
and farms with gross annual revenues of 
$1,000,000 or less. 
‘‘(3) The number and amount of small business 
and small farm loans located inside each assessment 
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00067
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
area reported by the regulated financial institution 
and the number and amount of small business and 
small farm loans located outside the assessment 
areas reported by the regulated financial institution. 
‘‘(4) The number and amount of community de-
velopment loans reported as originated or purchased. 
‘‘(c) AGGREGATE DISCLOSURE STATEMENTS.— 
‘‘(1) IN GENERAL.—Each appropriate Federal 
financial supervisory agency shall prepare annually, 
for each county and for each assessment area small-
er than a county, an aggregate disclosure statement 
of small business, small farm, and consumer lending 
by all regulated financial institutions subject to re-
porting under this section, which shall indicate, for 
each geography, the number and amount of all small 
business, small farm, and consumer loans originated 
or purchased by reporting regulated financial insti-
tutions. 
‘‘(2) ADJUSTED FORM.—An appropriate Fed-
eral financial supervisory agency may adjust the 
form of the disclosure statement prepared under 
paragraph (1) if necessary, because of special cir-
cumstances, to protect the privacy of a borrower or 
the competitive position of a regulated financial in-
stitution. 
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00068
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS
‘‘(d) CENTRAL DATA DEPOSITORIES.—The Federal 
Financial Institutions Examination Council, in consulta-
tion with the appropriate Federal financial supervisory 
agencies, shall implement a system— 
‘‘(1) to allow the public to access online and in 
a searchable format the data maintained under 
paragraphs (1) through (4) of subsection (a); and 
‘‘(2) that ensures that personally identifiable fi-
nancial information is not disclosed to public. 
‘‘(e) LIMITATION.—An appropriate Federal financial 
supervisory agency may not use the authorities of the ap-
propriate Federal financial supervisory agency under this 
section to obtain a record from a regulated financial insti-
tution for the purpose of gathering or analyzing the per-
sonally identifiable financial information of a consumer.’’. 
(c) AMENDMENT TO THE BANK HOLDING COMPANY 
ACT OF 1956.—Section 4(k)(6) of the Bank Holding 
Company Act of 1956 (12 U.S.C. 1843(k)(6)) is amended 
to read as follows: 
‘‘(6) NOTICE AND OPPORTUNITY FOR COMMENT 
REQUIRED.— 
‘‘(A) IN GENERAL.—No financial holding 
company shall directly or indirectly acquire, and 
no company that becomes a financial holding 
company shall directly or indirectly acquire con-
VerDate Sep 11 2014 
00:00 Mar 27, 2019
Jkt 089200
PO 00000
Frm 00069
Fmt 6652
Sfmt 6201
E:\BILLS\H1737.IH
H1737
pamtmann on DSKBFK8HB2PROD with BILLS