To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to adjust the date on which consolidated assets are determined for purposes of exempting certain instruments of smaller institutions from capital deductions.

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to add March 31, 2010, as a date for calculation of total consolidated assets, for purposes of exempting certain debt or equity instruments of smaller financial institutions from capital deductions requirements.

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3128 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 3128

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act 
  to adjust the date on which consolidated assets are determined for 
purposes of exempting certain instruments of smaller institutions from 
                          capital deductions.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 6, 2011

Mr. Grimm (for himself, Mrs. Maloney, Mr. King of New York, Mr. Meeks, 
 Ms. Hayworth, and Mrs. McCarthy of New York) introduced the following 
    bill; which was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act 
  to adjust the date on which consolidated assets are determined for 
purposes of exempting certain instruments of smaller institutions from 
                          capital deductions.

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

SECTION 1. DATE FOR DETERMINING CONSOLIDATED ASSETS.

    Section 171(b)(4)(C) of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act is amended by inserting after ``December 31, 
2009,'' the following: ``or March 31, 2010,''.
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