132 STAT. 1358 PUBLIC LAW 115–174—MAY 24, 2018
and sound operation of an institution under the supervision
of the appropriate Federal banking agency.
(c) T
ECHNICAL AND
C
ONFORMING
A
MENDMENTS
.—
(1) F
INANCIAL STABILITY ACT OF 2010
.—The Financial Sta-
bility Act of 2010 (12 U.S.C. 5311 et seq.) is amended—
(A) in section 115(a)(2)(B) (12 U.S.C. 5325(a)(2)(B)),
by striking ‘‘$50,000,000,000’’ and inserting ‘‘the applicable
threshold’’;
(B) in section 116(a) (12 U.S.C. 5326(a)), in the matter
preceding paragraph (1), by striking ‘‘$50,000,000,000’’ and
inserting ‘‘$250,000,000,000’’;
(C) in section 121(a) (12 U.S.C. 5331(a)), in the matter
preceding paragraph (1), by striking ‘‘$50,000,000,000’’ and
inserting ‘‘$250,000,000,000’’;
(D) in section 155(d) (12 U.S.C. 5345(d)), by striking
‘‘50,000,000,000’’ and inserting ‘‘$250,000,000,000’’;
(E) in section 163(b) (12 U.S.C. 5363(b)), by striking
‘‘$50,000,000,000’’ each place that term appears and
inserting ‘‘$250,000,000,000’’; and
(F) in section 164 (12 U.S.C. 5364), by striking
‘‘$50,000,000,000’’ and inserting ‘‘$250,000,000,000’’.
(2) F
EDERAL RESERVE ACT
.—The second subsection (s)
(relating to assessments) of section 11 of the Federal Reserve
Act (12 U.S.C. 248(s)) is amended—
(A) in paragraph (2)—
(i) in subparagraph (A), by striking
‘‘$50,000,000,000’’ and inserting ‘‘$100,000,000,000’’;
and
(ii) in subparagraph (B), by striking
‘‘$50,000,000,000’’ and inserting ‘‘$100,000,000,000’’;
and
(B) by adding at the end the following:
‘‘(3) T
AILORING ASSESSMENTS
.—In collecting assessments,
fees, or other charges under paragraph (1) from each company
described in paragraph (2) with total consolidated assets of
between $100,000,000,000 and $250,000,000,000, the Board
shall adjust the amount charged to reflect any changes in
supervisory and regulatory responsibilities resulting from the
Economic Growth, Regulatory Relief, and Consumer Protection
Act with respect to each such company.’’.
(d) E
FFECTIVE
D
ATE
.—
(1) I
N GENERAL
.—Except as provided in paragraph (2), the
amendments made by this section shall take effect on the
date that is 18 months after the date of enactment of this
Act.
(2) E
XCEPTION
.—Notwithstanding paragraph (1), the
amendments made by this section shall take effect on the
date of enactment of this Act with respect to any bank holding
company with total consolidated assets of less than
$100,000,000,000.
(3) A
DDITIONAL AUTHORITY
.—Before the effective date
described in paragraph (1), the Board of Governors of the
Federal Reserve System may by order exempt any bank holding
company with total consolidated assets of less than
$250,000,000,000 from any prudential standard under section
165 of the Financial Stability Act of 2010 (12 U.S.C. 5365).
12 USC 5365
note.
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