[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4566 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 457
115th CONGRESS
  2d Session
                                H. R. 4566

                          [Report No. 115-601]

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act 
  to provide relief to nonbanks from certain stress test requirements 
                            under such Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            December 6, 2017

 Mr. Poliquin introduced the following bill; which was referred to the 
                    Committee on Financial Services

                             March 15, 2018

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
    [For text of introduced bill, see copy of bill as introduced on 
                           December 6, 2017]


_______________________________________________________________________

                                 A BILL


 
To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act 
  to provide relief to nonbanks from certain stress test requirements 
                            under such Act.


 


    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 ``Alleviating Stress Test Burdens to 
Help Investors Act''.

SEC. 2. STRESS TEST RELIEF FOR NONBANKS.

    Section 165(i) of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act (12 U.S.C. 5365(i)) is amended--
            (1) in paragraph (1)(B)(ii), by striking ``and nonbank 
        financial companies''; and
            (2) in paragraph (2)--
                    (A) in subparagraph (A), by striking ``are 
                regulated by a primary Federal financial regulatory 
                agency'' and inserting: ``whose primary financial 
                regulatory agency is a Federal banking agency or the 
                Federal Housing Finance Agency'';
                    (B) in subparagraph (C), by striking ``Each Federal 
                primary financial regulatory agency'' and inserting 
                ``Each Federal banking agency and the Federal Housing 
                Finance Agency''; and
                    (C) by adding at the end the following:
                    ``(D) SEC and cftc.--The Securities and Exchange 
                Commission and the Commodity Futures Trading Commission 
                may each issue regulations requiring financial 
                companies with respect to which they are the primary 
                financial regulatory agency and that have total 
                consolidated assets of more than $10,000,000,000 to 
                conduct periodic analyses of the financial condition, 
                including available liquidity, of such companies under 
                adverse economic conditions.''.

SEC. 3. RULE OF CONSTRUCTION.

    Nothing in this Act shall be construed to limit the authority of 
the Financial Stability Oversight Council under section 120 of the 
Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 
5330).
                                                 Union Calendar No. 457

115th CONGRESS

  2d Session

                               H. R. 4566

                          [Report No. 115-601]

_______________________________________________________________________

                                 A BILL

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act 
  to provide relief to nonbanks from certain stress test requirements 
                            under such Act.

_______________________________________________________________________

                             March 15, 2018

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed