[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 1139 Introduced in Senate (IS)]

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115th CONGRESS
  1st Session
                                S. 1139

To amend the Financial Stability Act of 2010 to modify the requirements 
                            of stress tests.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 16, 2017

 Mr. Tester (for himself, Mr. Moran, and Ms. Heitkamp) introduced the 
 following bill; which was read twice and referred to the Committee on 
                  Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
To amend the Financial Stability Act of 2010 to modify the requirements 
                            of stress tests.

    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 ``Main Street Regulatory Fairness 
Act''.

SEC. 2. ENHANCED SUPERVISION AND PRUDENTIAL STANDARDS FOR NONBANK 
              FINANCIAL COMPANIES SUPERVISED BY THE BOARD OF GOVERNORS 
              AND CERTAIN BANK HOLDING COMPANIES.

    Section 165(i)(2)(A) of the Financial Stability Act of 2010 (12 
U.S.C. 5365(i)) is amended--
            (1) in the first sentence, by striking ``semiannual'' and 
        inserting ``periodic''; and
            (2) in the second sentence--
                    (A) by striking ``$10,000,000,000'' and inserting 
                ``$50,000,000,000''; and
                    (B) by striking ``annual'' and inserting 
                ``periodic''.
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