[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6398 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 6398

To increase the asset thresholds at which financial institutions become 
        subject to certain requirements, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 14, 2023

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

_______________________________________________________________________

                                 A BILL


 
To increase the asset thresholds at which financial institutions become 
        subject to certain requirements, 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. SHORT TITLE.

    This Act may be cited as the ``Financial Institution Regulatory 
Tailoring Enhancement Act''.

SEC. 2. INCREASED ASSET THRESHOLDS.

    (a) Bureau Supervision.--Section 1025(a) of the Consumer Financial 
Protection Act of 2010 (12 U.S.C. 5515) is amended by striking 
``$10,000,000,000'' each place it occurs and inserting 
``$50,000,000,000''.
    (b) Durbin Amendment Requirements.--Section 921(a)(6) of the 
Electronic Fund Transfer Act (15 U.S.C. 1693o-2(a)(6)) is amended by 
striking ``$10,000,000,000'' and inserting ``$50,000,000,000''.
    (c) Volker Rule Requirements.--Section 13(h)(1)(B)(i) of the Bank 
Holding Company Act of 1956 (12 U.S.C. 1851(h)(1)(B)(i)) is amended by 
striking ``$10,000,000,000'' and inserting ``$50,000,000,000''.
    (d) Qualified Mortgage Requirements.--Section 129C(b)(F)(i) of the 
Truth in Lending Act (15 U.S.C. 1639c(b)(F)(i)) is amended by striking 
``$10,000,000,000'' and inserting ``$50,000,000,000''.
    (e) Leverage and Risk-Based Capital Requirements.--Section 
201(a)(3)(A) of the Economic Growth, Regulatory Relief, and Consumer 
Protection Act (12 U.S.C. 5371 note (a)(3)(A)) is amended by striking 
``$10,000,000,000'' and inserting ``$50,000,000,000''.
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