S.Amdt. 3919Senate111th Congress (2009-2011)2nd degree

S.Amdt. 3919

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''.
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