119-HR3230
Financial Institution Regulatory Tailoring Enhancement Act
Last action was on 5-21-2025
SenateCurrent status is Placed on the Union Calendar, Calendar No. 132.
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119th CONGRESS
1st Session
H. R. 3230
1. Short title2. Increased asset thresholds1. Short title
This Act may be cited as the "Financial Institution Regulatory Tailoring Enhancement Act".
2. Increased asset thresholds
(a) Bureau supervision - The Consumer Financial Protection Act of 2010 is amended—
(1) - in section 1025(a) (12 U.S.C. 5515(a)), by striking "$10,000,000,000" each place it occurs and inserting "$50,000,000,000"; and
(2) - in section 1026(a) (12 U.S.C. 5516(a)), by striking "$10,000,000,000" each place it occurs and inserting "$50,000,000,000".
(b) 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".
(c) Qualified mortgage requirements - Section 129C(b)(2)(F)(i) of the Truth in Lending Act (15 U.S.C. 1639c(b)(2)(F)(i)) is amended by striking "$10,000,000,000" and inserting "$50,000,000,000".
(d) 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) is amended by striking "$10,000,000,000" and inserting "$50,000,000,000".