[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4787 Introduced in House (IH)]

113th CONGRESS
  2d Session
                                H. R. 4787

  To amend the Bank Holding Company Act of 1956 to reduce compliance 
                  burdens on certain banking entities.


_______________________________________________________________________


                    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.

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

SECTION 1. SHORT TITLE.

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

SEC. 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.''
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