[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3791 Referred in Senate (RFS)]

<DOC>
114th CONGRESS
  2d Session
                                H. R. 3791


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 18, 2016

Received; read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

_______________________________________________________________________

                                 AN ACT


 
To raise the consolidated assets threshold under the small bank holding 
           company policy statement, and for other purposes.

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

SECTION 1. CHANGES REQUIRED TO SMALL BANK HOLDING COMPANY POLICY 
              STATEMENT ON ASSESSMENT OF FINANCIAL AND MANAGERIAL 
              FACTORS.

    (a) In General.--Before the end of the 6-month period beginning on 
the date of the enactment of this Act, the Board of Governors of the 
Federal Reserve System shall revise the Small Bank Holding Company 
Policy Statement on Assessment of Financial and Managerial Factors (12 
CFR part 225--appendix C) to raise the consolidated asset threshold 
under such policy statement from $1,000,000,000 (as adjusted by Public 
Law 113-250) to $5,000,000,000.
    (b) Conforming Amendment.--Subparagraph (C) of section 171(b)(5) of 
the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 
U.S.C. 5371(b)(5)) is amended to read as follows:
                    ``(C) any bank holding company or savings and loan 
                holding company that is subject to the application of 
                the Small Bank Holding Company Policy Statement on 
                Assessment of 


              

                Financial and Managerial Factors of the Board of 
                Governors (12 CFR part 225--appendix C).''.

            Passed the House of Representatives April 14, 2016.

            Attest:

                                                 KAREN L. HAAS,

                                                                 Clerk.