113 HR 4787 IH: Regional Financial Relief Act of 2014 U.S. House of Representatives 2014-05-30 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 113th CONGRESS 2d Session H. R. 4787 IN THE HOUSE OF REPRESENTATIVES May 30, 2014 Mr. Duffy introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Bank Holding Company Act of 1956 to reduce compliance burdens on certain banking entities.

1.

Short title

This Act may be cited as the Regional Financial Relief Act of 2014.

2.

Distinct and less burdensome requirements for certain banking entities

Paragraph (1) of section 13(e) of the Bank Holding Company Act of 1956 (12 U.S.C. 1851(e)(1)) is amended by adding at the end the following: Such regulations shall include distinct requirements for banking entities with less than $50,000,000,000 in trading assets and liabilities that are less burdensome than the requirements for banking entities with $50,000,000,000 or more in trading assets and liabilities.