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[Q]: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Space Leadership Preservation Act of
2012''.

SEC. 2. ADMINISTRATOR AND DEPUTY ADMINISTRATOR.

Section 20111 of title 51, United States Code, is amended--
(1) in subsection (a)--
(A) by striking ''Administrator.--There is
established'' and inserting ''Administrator.--
''(1) In general.--There is established'';
(B) in paragraph (1), as so designated by
subparagraph (A) of this paragraph--
(i) by inserting '', pursuant to paragraph
(2),'' after ''who shall be appointed''; and
(ii) by inserting ''The Administrator shall
serve for a term of 10 years.'' after ''and
activities thereof.''; and
(C) by adding at the end the following new
paragraph:
''(2) Board of directors nominations.--The President shall
appoint the Administrator under paragraph (1) from among the
list of nominees provided by the Board of Directors pursuant to
section 20118(l)(2)(A). The President shall appoint a new
Administrator not later than 3 months after the first set of
nominees is so provided by the Board of Directors. The sitting
Administrator may serve in the position until a new
Administrator appointed pursuant to this paragraph is confirmed
by the Senate.''; and
(2) in subsection (b)--
(A) by striking ''Administrator.--There shall be''
and inserting ''Administrator.--
''(1) In general.--There shall be'';
(B) in paragraph (1), as so designated by
subparagraph (A) of this paragraph, by inserting '',
pursuant to paragraph (2),'' after ''who shall be
appointed''; and
(C) by adding at the end the following new
paragraph:
''(2) Board of directors nominations.--The President shall
appoint the Deputy Administrator under paragraph (1) from among
the list of nominees provided by the Board of Directors
pursuant to section 20118(j)(2)(B).''.

SEC. 3. BOARD OF DIRECTORS.

(a) Establishment.--Subchapter II of chapter 201 of title 51,
United States Code, is amended by adding at the end the following new
section:
''Sec. 20118. Board of Directors
''(a) Establishment.--There shall be established a Board of
Directors for the National Aeronautics and Space Administration in
accordance with this section, not later than 9 months after the date of
enactment of the 'Space Leadership Preservation Act of 2012'.
''(b) Membership and Appointment.--The Board shall consist of 11
members to be appointed as follows:
''(1) Three members shall be appointed by the President.
''(2) Three members shall be appointed by the president pro
tempore of the Senate.
''(3) One member shall be appointed by the minority leader
of the Senate.
''(4) Three members shall be appointed by the Speaker of
the House of Representatives.
''(5) One member shall be appointed by the minority leader
of the House of Representatives.
In addition to the members appointed under paragraphs (1) through (5),
the Administrator shall be an ex officio, nonvoting member of the
Board.
''(c) Qualifications.--The persons appointed as members of the
Board shall be--
''(1) former astronauts or scientists or engineers eminent
in the fields of human spaceflight, planetary science, space
science, Earth science, and aeronautics, or other scientific,
engineering, business, and social science disciplines related
to space and aeronautics;
''(2) selected on the basis of established records of
distinguished service; and
''(3) so selected as to provide representation of the views
of engineering, science, and aerospace leaders in all areas of
the Nation.
''(d) Limitation on Members.--An individual employed by or
representing an organization with which the Administration has a
contract is not eligible to serve on the Board, except for scientists
employed by or representing colleges, universities, and other not-for-
profit organizations. Additionally, a former Board member may not take
employment with or represent an organization with which the
Administration has a contract, or which is seeking such a contract, for
a period of 2 years following completion of service on the Board.
''(e) Terms.--The term of office of each member of the Board shall
be 3 years, except that any member appointed to fill a vacancy
occurring prior to the expiration of the term for which his predecessor
was appointed shall be appointed for the remainder of such term. Any
person who has been a member of the Board for 12 consecutive years
shall thereafter be ineligible for appointment during the 2-year period
following the expiration of such 12th year.
''(f) Travel Expenses.--Each member of the Board shall receive
travel expenses, including per diem in lieu of subsistence, in
accordance with applicable provisions under subchapter I of chapter 57
of title 5, United States Code.
''(g) Meetings.--The Board shall meet quarterly and at such other
times as the Chairman may determine, but the Chairman shall also call a
meeting whenever one-third of the members so request in writing. The
Board shall adopt procedures governing the conduct of its meetings,
including delivery of notice and a definition of a quorum, which in no
case shall be less than one-half plus one of the members of the Board.
''(h) Chairman and Vice Chairman.--The election of the Chairman and
Vice Chairman of the Board shall take place at each first quarter
meeting occurring in an even-numbered year. The Vice Chairman shall
perform the duties of the Chairman in his absence. In case a vacancy
occurs in the chairmanship or vice chairmanship, the Board shall elect
a member to fill such vacancy.
''(i) Staff.--The Board may, with the concurrence of a majority of
its members, permit the appointment of a staff consisting of
professional staff members, technical and professional personnel on
leave of absence from academic, industrial, or research institutions
for a limited term, and such operations and support staff members as
may be necessary. Such staff shall be appointed by the Chairman and
assigned at the direction of the Board. The professional members and
limited term technical and professional personnel of such staff may be
appointed without regard to the provisions of title 5, United States
Code, governing appointments in the competitive service, and the
provisions of chapter 51 of such title relating to classification, and
shall be compensated at a rate not exceeding the maximum rate payable
under section 5376 of such title, as may be necessary to provide for
the performance of such duties as may be prescribed by the Board in
connection with the exercise of its powers and functions under this
section.
''(j) Special Commissions.--The Board is authorized to establish
such special commissions as it may from time to time deem necessary for
the purposes of this section.
''(k) Committees.--The Board is also authorized to appoint from
among its members such committees as it deems necessary, and to assign
to committees so appointed such survey and advisory functions as the
Board deems appropriate to assist it in exercising its powers and
functions under this section.
''(l) Functions.--
''(1) Budget proposal.--Not later than November 15 of each
year, the Board shall provide to the President, and to the
Committee on Appropriations and the Committee on Science,
Space, and Technology of the House of Representatives and the
Committee on Appropriations and the Committee on Commerce,
Science, and Transportation of the Senate, a proposed budget
for the National Aeronautics and Space Administration for the
next fiscal year. Such budget shall--
''(A) carry out the purpose described in section
20102(h);
''(B) be based on--
''(i) the best professional judgement of
the Board;
''(ii) recommendations from the scientific,
engineering, and other technical experts
communities; and
''(iii) the recommendations of the most
recent National Research Council decadal
surveys; and
''(C) follow such decadal survey's recommended
decision rules regarding program implementation,
including a strict adherence to the recommendation that
the National Aeronautics and Space Administration
include in a balanced program a flagship class mission,
which may be executed in cooperation with one or more
international partners.
''(2) Nominees for administrator, deputy administrator, and
chief financial officer.--The Board shall provide to the
President--
''(A) a list of 3 nominees from which the President
shall appoint an Administrator pursuant to section
20111(a);
''(B) a list of 3 nominees from which the President
shall appoint a Deputy Administrator pursuant to
section 20111(b); and
''(C) a list of 3 nominees from which the President
shall appoint a Chief Financial Officer pursuant to
section 205(a) of the Chief Financial Officers Act (31
U.S.C. 901(a)).
The Board shall provide the first set of nominees under this
paragraph not later than 15 months after the date of enactment
of the 'Space Leadership Preservation Act of 2012'.
''(3) Reports.--
''(A) Annual infrastructure, capabilities, and
workforce assessment.--The Board shall provide to the
President and the Congress annually a report assessing
the status of United States spaceflight infrastructure,
unique space capabilities, and the health of the United
States workforce necessary to maintain such
infrastructure and capabilities. The assessment shall
also identify areas of concern, gaps in capability
compared to foreign spaceflight capabilities, and
recommendations on how to strengthen or improve United
States capabilities and workforce.
''(B) Specific policy matter reports.--The Board
shall provide to the President and the Congress reports
on specific, individual policy matters within the
authority of the Administration (or otherwise as
requested by the Congress or the President) related to
human space flight, planetary science, earth science,
aeronautics, and science, technology, engineering, and
mathematics education, as the Board, the President, or
the Congress determines the need for such reports.
''(4) Quadrennial review.--The Board shall provide to the
President and the Congress, not later than the later of 180
days after the establishment of the Board or the third
quarterly meeting of the Board, and once every 4 years
thereafter, a quadrennial review of current space programs and
a vision for future space exploration.
''(5) Removal of administrator for cause.--The Board may
provide to the President and the Congress a report recommending
the removal of the Administrator for cause. Any such report
shall include the reasons for such recommendation.
''(m) Budget Meetings.--Portions of Board meetings in which the
Board considers the budget proposal required under subsection (l)(1)
for a particular fiscal year may be closed to the public until the
Board submits the proposal to the President and the Congress.
''(n) Financial Disclosure.--Members of the Board shall be required
to file a financial disclosure report under title II of the Ethics in
Government Act of 1978 (5 U.S.C. App. 92 Stat. 1836), except that such
reports shall be held confidential and exempt from any law otherwise
requiring their public disclosure.''.
(b) Table of Sections.--The table of sections for chapter 201 of
title 51, United States Code, is amended by adding at the end of the
items for subchapter II the following new item:

''20118. Board of Directors.''.

SEC. 4. BUDGET PROPOSAL.

Section 30103 of title 51, United States Code, is amended by adding
at the end the following new subsection:
''(e) Board of Directors Proposal.--
''(1) Inclusion in president's proposed budget.--The
proposed budget for the Administration submitted to the
Congress by the President for each fiscal year shall include a
description of, and a detailed justification for, any
differences between the President's proposed budget and the
budget provided by the Board of Directors under section
20118(l)(1).
''(2) Elements of budget proposal.--Subsections (a) through
(d) of this section shall apply to the proposed budget provided
by the Board of Directors under section 20118(l)(1).''.

SEC. 5. LONG TERM CONTRACTING.

(a) Amendments.--Section 20142 of title 51, United States Code, is
amended--
(1) in the section heading, by striking ''Contracts
regarding expendable launch vehicles'' and inserting ''Long
term contracting'';
(2) in subsection (a), by--
(A) striking ''expendable launch vehicle services''
and inserting ''rocket propulsion systems and manned
and unmanned space transportation vehicles and
payloads, including expendable launch vehicles, and any
other infrastructure intended for placement or
operation in space or on celestial bodies, and services
related thereto,''; and
(B) striking ''related to launch'' and inserting
''related to''; and
(3) in subsection (b), by striking ''launch services'' and
inserting ''the goods and services to have been provided under
the contract''.
(b) Table of Sections Amendment.--The item relating to section
20142 in the table of sections for chapter 201 of title 51, United
States Code, is amended to read as follows:

''20142. Long term contracting.''.
[A]: Space Leadership Preservation Act of 2012 - Establishes a Board of Directors for the National Aeronautics and Space Administration (NASA). Sets forth Board membership and appointment criteria. Directs the President to appoint the NASA Administrator and Deputy Administrator from among a list of nominees provided by the Board.

Requires the Board to provide: (1) NASA's proposed annual budget; (2) annual reports on spaceflight infrastructure, unique space capabilities, and the workforce necessary to maintain such infrastructure and capabilities; (3) reports on specific policy matters; and (4) quadrennial reviews of current space programs and a vision for future space exploration.

Authorizes the Administrator to enter into contracts for rocket propulsion systems and manned and unmanned space transportation vehicles and payloads.

[Q]: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Silvio O. Conte Disabilities
Prevention Act''.

SEC. 2. ESTABLISHMENT OF SILVIO O. CONTE DISABILITIES PREVENTION
PROGRAM.

Part B of title III of the Public Health Service Act (42 U.S.C. 243
et seq.) is amended by inserting after section 314 the following new
section:

''silvio o. conte disabilities prevention program

''Sec. 315. (a) In General.--The Secretary, acting through the
Director of the Centers for Disease Control and Prevention, may make
grants to and enter into contracts with public and nonprofit private
entities for the purpose of carrying out programs for the prevention of
disabilities and the prevention of secondary conditions resulting from
disabilities.
''(b) Certain Authorized Activities.--With respect to the
prevention of disabilities and conditions described in subsection (a),
activities for which the Secretary may provide financial assistance
under such subsection include--
''(1) coordinating prevention activities;
''(2) conducting demonstrations and interventions;
''(3) conducting surveillances and studies;
''(4) educating the public; and
''(5) educating and training health professionals
(including allied health professionals) and conducting
activities to improve the clinical skills of such
professionals.
''(c) Priorities.--The Secretary, in consultation with the National
Council on Disabilities, shall establish priorities among the
activities that are to be carried out under subsection (a).
''(d) Reports to Secretary.--The Secretary may provide financial
assistance under subsection (a) only if the applicant involved agrees
to submit to the Secretary such reports as the Secretary may require
with respect to such assistance.
''(e) Application for Assistance.--The Secretary may provide
financial assistance under subsection (a) only if an application for
such assistance is submitted to the Secretary and the application is in
such form, is made in such manner, and contains such agreements,
assurances, and information as the Secretary determines to be necessary
to carry out this section.
''(f) Limitation Regarding Education of Health Professionals.--In
providing financial assistance under subsection (a), the Secretary may
not, for activities described in subsection (b)(5), obligated more than
10 percent of the amounts appropriated under subsection (k) for any
fiscal year.
''(g) Technical Assistance.--The Secretary may provide training,
technical assistance, and consultations with respect to the planning,
development, and operation of any program for the prevention of
disabilities or the prevention of secondary conditions resulting from
disabilities.
''(h) Provision of Supplies and Services in Lieu of Funds.--
''(1) In general.--Upon the request of a recipient of
financial assistance under subsection (a), the Secretary may,
subject to paragraph (2), provide supplies, equipment, and
services for the purpose of aiding the recipient in carrying
out such subsection and, for such purpose, may detail to the
recipient any officer or employee of the Department of Health
and Human Services.
''(2) Corresponding reduction in payments.--With respect to
a request by a recipient for purposes of paragraph (1), the
Secretary shall reduce the amount of payments under subsection
(a) to the recipient by an amount equal to the costs of
detailing personnel (including pay, allowances, and travel
expenses) and the fair market value of any supplies, equipment,
or services provided by the Secretary. The Secretary shall, for
the payment of expenses incurred in complying with such
request, expend the amounts withheld.
''(i) Evaluations and Reports.--
''(1) Evaluations.--The Secretary shall, directly or
through contracts with public or private entities, provide for
evaluations of programs carried out pursuant to subsection (a).
''(2) Reports.--Not later than January 31 of 1995 and of
every second year thereafter, the Secretary shall submit to the
Committee on Energy and Commerce of the House of
Representatives, and to the Committee on Labor and Human
Resources of the Senate, a report summarizing evaluations
carried out pursuant to paragraph (1). The Secretary shall
provide a copy of each such report to the National Council on
Disability.
''(j) Definitions.--For purposes of this section:
''(1) The term 'financial assistance' means a grant or
contract.
''(2) The term 'prevention' means activities that address
the causes of disabilities and secondary conditions resulting
from disabilities, and activities that address the functional
limitations involved and the exacerbation of such limitations,
including activities that--
''(A) eliminate or reduce the factors that cause or
predispose an individual to disabilities or that
increase the prevalence of disabilities;
''(B) increase the early identification of existing
problems to eliminate circumstances that create or
increase functional limitations; and
''(C) mitigate against the effects of disabilities
throughout the life of the individual.
''(k) Authorization of Appropriations.--For the purpose of
providing financial assistance under this section, there are authorized
to be appropriated $15,000,000 for fiscal year 1994, $20,000,000 for
fiscal year 1995, $25,000,000 for fiscal year 1996, and such sums as
may be necessary for each of the fiscal years 1997 and 1998.''.

Passed the House of Representatives June 14, 1993.

Attest:

DONNALD K. ANDERSON,

Clerk.
[A]: Silvio O. Conte Disabilities Prevention Act - Amends the Public Health Service Act to authorize grants and contracts for the prevention of disabilities and the prevention of secondary conditions resulting from disabilities, including through demonstrations and interventions, surveillances and studies, public education, and training health professionals. Authorizes appropriations.

[Q]: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Community Bank Sensible Regulation
Act of 2017''.

SEC. 2. EXEMPTIVE AUTHORITY FOR THE FEDERAL DEPOSIT INSURANCE
CORPORATION.

Section 10 of the Federal Deposit Insurance Act (12 U.S.C. 1820) is
amended by adding at the end the following:
''(l) Exemptive Authority.--
''(1) In general.--Notwithstanding any other provision of
law, the Corporation, after considering the factors in
paragraph (3), may exempt by rule any depository institution
having less than $10,000,000,000 in total assets from--
''(A) any provision of this Act;
''(B) any rule promulgated under this Act; or
''(C) any rule promulgated under any other Act that
confers authority to the Corporation.
''(2) Conditions.--The Corporation may impose conditions on
an exemption granted under paragraph (1).
''(3) Factors to consider.--In granting an exemption under
paragraph (1), the Corporation shall consider, as appropriate,
the extent to which--
''(A) the provision or rule would impose an
unnecessary or undue burden or cost on the depository
institution;
''(B) the provision or rule is unnecessary or
unwarranted in order to promote the safety and
soundness of the depository institution; and
''(C) the exemption is necessary, appropriate, or
consistent with the public interest.
''(4) Indexation of asset threshold.--The asset threshold
identified in paragraph (1) shall be increased annually at a
percentage equal to the percentage change in the total
aggregate assets of insured depository institutions for each
12-month period ending in December of each year, rounded to the
nearest $10,000,000.''.

SEC. 3. EXEMPTIVE AUTHORITY FOR THE OFFICE OF THE COMPTROLLER OF THE
CURRENCY.

(a) Exemptive Authority With Respect to National Banks.--Section
5239A of the Revised Statutes (12 U.S.C. 93a) is amended--
(1) by striking ''Except'' and inserting the following:
''(a) In General.--Except''; and
(2) by adding at the end the following:
''(b) Exemptive Authority.--
''(1) Definition.--In this subsection, the term 'insured
depository institution' has the meaning given the term in
section 3(c) of the Federal Deposit Insurance Act (12 U.S.C.
1813(c)).
''(2) Exemption.--Notwithstanding any other provision of
law, the Comptroller of the Currency, after considering the
factors in paragraph (4), may exempt by rule any national bank
having less than $10,000,000,000 in total assets from--
''(A) any provision of this title;
''(B) any rule promulgated under this title; or
''(C) any rule promulgated under any other title or
Act that confers authority to the Comptroller.
''(3) Conditions.--The Comptroller of the Currency may
impose conditions on an exemption granted under paragraph (2).
''(4) Factors to consider.--In granting an exemption under
paragraph (2), the Comptroller of the Currency shall consider,
as appropriate, the extent to which--
''(A) the provision or rule would impose an
unnecessary or undue burden or cost on the national
bank;
''(B) the provision or rule is unnecessary or
unwarranted in order to promote the safety and
soundness of the national bank; and
''(C) the exemption is necessary, appropriate, or
consistent with the public interest.
''(5) Indexation of asset threshold.--The asset threshold
identified in paragraph (1) shall be increased annually at a
percentage equal to the percentage change in the total
aggregate assets of insured depository institutions for each
12-month period ending in December of each year, rounded to the
nearest $10,000,000.''.
(b) Exemptive Authority With Respect to Savings Associations.--
Section 4(a) of the Home Owners' Loan Act (12 U.S.C. 1463(a)) is
amended by adding at the end the following:
''(4) Exemptive authority.--
''(A) Definition.--In this paragraph, the term
'insured depository institution' has the meaning given
the term in section 3(c) of the Federal Deposit
Insurance Act (12 U.S.C. 1813(c)).
''(B) Exemption.--Notwithstanding any other
provision of law, the Comptroller, after considering
the factors in subparagraph (D), may exempt by rule any
savings association having less than $10,000,000,000 in
total assets from--
''(i) any provision of this Act;
''(ii) any rule promulgated under this Act;
or
''(iii) any rule promulgated under any
other Act that confers authority on the
Comptroller.
''(C) Conditions.--The Comptroller may impose
conditions on an exemption granted under subparagraph
(B).
''(D) Factors to consider.--In granting an
exemption under subparagraph (B), the Comptroller shall
consider, as appropriate, the extent to which--
''(i) the provision or rule would impose an
unnecessary or undue burden or cost on the
savings association;
''(ii) the provision or rule is unnecessary
or unwarranted in order to promote the safety
and soundness of the savings association; and
''(iii) the exemption is necessary,
appropriate, or consistent with the public
interest.
''(E) Indexation of asset threshold.--The asset
threshold identified in subparagraph (B) shall be
increased annually at a percentage equal to the
percentage change in the total aggregate assets of
insured depository institutions for each 12-month
period ending in December of each year, rounded to the
nearest $10,000,000.''.

SEC. 4. EXEMPTIVE AUTHORITY FOR THE BOARD OF GOVERNORS OF THE FEDERAL
RESERVE SYSTEM.

(a) Exemptive Authority With Respect to State Member Banks.--
Section 11 of the Federal Reserve Act (12 U.S.C. 248) is amended--
(1) by redesignating the second subsection (s) (relating to
assessments, fees, and other charges for certain companies) as
subsection (t); and
(2) by adding at the end the following:
''(u) Exemptive Authority.--
''(1) Definition.--In this section, the term 'insured
depository institution' has the meaning given the term in
section 3(c) of the Federal Deposit Insurance Act (12 U.S.C.
1813(c)).
''(2) Exemption.--Notwithstanding any other provision of
law, the Board, after considering the factors in paragraph (4),
may exempt by rule any State member bank having less than
$10,000,000,000 in total assets from--
''(A) any provision of this Act;
''(B) any rule promulgated under this Act; or
''(C) any rule promulgated under any other Act that
confers authority on the Board.
''(3) Conditions.--The Board may impose conditions on an
exemption granted under paragraph (2).
''(4) Factors to consider.--In granting an exemption under
paragraph (2), the Board shall consider, as appropriate, the
extent to which--
''(A) the provision or rule would impose an
unnecessary or undue burden or cost on the State member
bank;
''(B) the provision or rule is unnecessary or
unwarranted in order to promote the safety and
soundness of the State member bank; and
''(C) the exemption is necessary, appropriate, or
consistent with the public interest.''.
''(5) Indexation of asset threshold.--The asset threshold
identified in paragraph (2) shall be increased annually at a
percentage equal to the percentage change in the total
aggregate assets of insured depository institutions for each
12-month period ending in December of each year, rounded to the
nearest $10,000,000.''.
(b) Exemptive Authority With Respect to Bank Holding Companies.--
The Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) is
amended by adding at the end the following:

''SEC. 15. EXEMPTIVE AUTHORITY.

''(a) Definition.--In this section, the term 'insured depository
institution' has the meaning given the term in section 3(c) of the
Federal Deposit Insurance Act (12 U.S.C. 1813(c)).
''(b) Exemption.--Notwithstanding any other provision of law, the
Board, after considering the factors in subsection (d), may exempt by
rule any bank holding company having less than $10,000,000,000 in total
assets from--
''(1) any provision of this Act;
''(2) any rule promulgated under this Act; or
''(3) any rule promulgated under any other Act that confers
authority on the Board.
''(c) Conditions.--The Board may impose conditions on an exemption
granted under subsection (b).
''(d) Factors To Consider.--In granting an exemption under
subsection (b), the Board shall consider, as appropriate, the extent to
which--
''(1) the provision or rule would impose an unnecessary or
undue burden or cost on the bank holding company;
''(2) the provision or rule is unnecessary or unwarranted
in order to promote the safety and soundness of the bank
holding company; and
''(3) the exemption is necessary, appropriate, or
consistent with the public interest.
''(e) Indexation of Asset Threshold.--The asset threshold
identified in subsection (b) shall be increased annually at a
percentage equal to the percentage change in the total aggregate assets
of insured depository institutions for each 12-month period ending in
December of each year, rounded to the nearest $10,000,000.''.
(c) Exemptive Authority for Savings and Loan Holding Companies and
Mutual Holding Companies.--Section 10 of the Home Owners' Loan Act (12
U.S.C. 1467a) is amended by adding at the end the following:
''(u) Exemptive Authority.--
''(1) Definitions.--In this subsection--
''(A) the term 'insured depository institution' has
the meaning given the term in section 3(c) of the
Federal Deposit Insurance Act (12 U.S.C. 1813(c)); and
''(B) the term 'mutual holding company' has the
meaning given the term in subsection (o)(10)(A).
''(2) Exemption.--Notwithstanding any other provision of
law, the Board, after considering the factors in paragraph (4),
may exempt by rule any savings and loan holding company or any
mutual holding company having less than $10,000,000,000 in
total assets from--
''(A) any provision of this Act;
''(B) any rule promulgated under this Act; or
''(C) any rule promulgated under any other Act that
confers authority on the Board.
''(3) Conditions.--The Board may impose conditions on an
exemption granted under paragraph (2).
''(4) Factors to consider.--In granting an exemption under
paragraph (2), the Board shall consider the extent to which--
''(A) the provision or rule would impose an
unnecessary or undue burden or cost on the savings and
loan holding company or the mutual holding company;
''(B) the provision or rule is unnecessary or
unwarranted in order to promote the safety and
soundness of the savings and loan holding company or
the mutual holding company; and
''(C) the exemption is necessary, appropriate, or
consistent with the public interest.
''(5) Limitation.--The authority granted to the Board under
paragraph (2) shall not apply with respect to a savings and
loan holding company described in subsection (c)(9)(C).
''(6) Indexation of asset threshold.--The asset threshold
identified in paragraph (2) shall be increased annually at a
percentage equal to the percentage change in the total
aggregate assets of insured depository institutions for each
12-month period ending in December of each year, rounded to the
nearest $10,000,000.''.
[A]:
Community Bank Sensible Regulation Act of 2017 This bill amends federal finance laws to allowfederal financial regulatory agenciesto exempt fromtheir regulatory purview, based on consideration of specified factors,certain depository institutions with less than $10 billion in assets.