[Congressional Record Volume 164, Number 40 (Wednesday, March 7, 2018)]
[Senate]
[Page S1483]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2109. Mr. MERKLEY (for himself and Mrs. Feinstein) submitted an 
amendment intended to be proposed by him to the bill S. 2155, to 
promote economic growth, provide tailored regulatory relief, and 
enhance consumer protections, and for other purposes; which was ordered 
to lie on the table; as follows:

       Strike section 203 and insert the following:

     SEC. 203. ATTESTATION.

       Section 13 of the Bank Holding Company Act of 1956 (12 
     U.S.C. 1851) is amended by adding at the end the following:
       ``(i) Attestation.--The requirements to comply with 
     regulations implementing this section shall be considered to 
     have been satisfied for a banking entity that does not have, 
     and is not controlled by a company that has, more than 
     $10,000,000,000 in total consolidated assets if the chief 
     executive officer of the banking entity submits to the 
     appropriate Federal banking agency a signed attestation that 
     the banking entity, during the examination period covered by 
     the attestation, has not been and, as of the date on which 
     the attestation is submitted, is not engaging in covered 
     activities, other than trading in certain government, agency, 
     State, and municipal obligations, as such concepts are set 
     forth in `simplified program for less active banking 
     entities' of the regulations implementing this section.''.
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