S.Amdt. 3919Senate111th Congress (2009-2011)2nd degree
S.Amdt. 3919
Sponsored by
Sen. Kent Conrad (D-ND)
Submitted May 7, 2010
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Senate amendment submitted
May 7, 2010
Text
Submitted
SA 3919. Mr. CONRAD (for himself, Mr. Crapo, Mr. Barrasso, Mr. Kerry, Mr. Brown of Massachusetts, Ms. Snowe, Ms. Landrieu, Mr. Dorgan, Mr. Roberts, Mr. Enzi, Mrs. McCaskill, Ms. Collins, Ms. Cantwell, and Mrs. Murray) submitted an amendment intended to be proposed to amendment SA 3739 proposed by Mr. Reid (for Mr. Dodd (for himself and Mrs. Lincoln)) to the bill S. 3217, to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end [[Page S3429]] ``too big to fail,'' to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes; which was ordered to lie on the table; as follows: On page 466, line 13, strike ``bank'' and all that follows through ``association'' on line 15 and insert the following: ``bank having total assets of more than $10,000,000,000, in the same manner and to the same extent as if the insured State bank were a national banking association. For purposes of determining total assets under this subsection, the Corporation shall rely on the same regulations and interim methodologies specified in section 312(e) of the Restoring American Financial Stability Act of 2010''. ______