# 114-hr-4353: To extend the exemption of small banks and savings associations from classification as a financial entity for purposes of the swaps clearing requirements of the Commodity Exchange Act to their holding companies.

114-hr-4353, To extend the exemption of small banks and savings associations from classification as a financial entity for purposes of the swaps clearing requirements of the Commodity Exchange Act to their holding companies., is a 114th Congress bill sponsored by Rep. Emmer, Tom [R-MN-6] (R-MN); status Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4353
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4353
- Congress: 114
- Title: To extend the exemption of small banks and savings associations from classification as a financial entity for purposes of the swaps clearing requirements of the Commodity Exchange Act to their holding companies.
- Status: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
- Introduced: 2016-01-08
- Sponsor: Rep. Emmer, Tom [R-MN-6] (R-MN)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill amends the Commodity Exchange Act to exclude from the meaning of "financial entity," and so exempt from swap clearing requirements, the bank holding company or savings and loan holding company of a small bank or savings association (whose total assets are $10 billion or less) if the total consolidated assets of the holding company are no greater than that asset threshold.

## Related bills

- 114-hr-6526: To eliminate the discretion of the Secretary of Homeland Security regarding the definition of the term "official purpose" as it applies to drivers' licenses an…
- 114-hr-6466: APP Act
- 114-hr-6431: Promoting Travel, Commerce, and National Security Act of 2016
- 114-hr-6300: Unaffordable Care Act
- 114-hr-6283: Truth in Regulations Act of 2016
- 114-hr-6246: Retirement Inflation Protection Act of 2016

## Sources
- [114-hr-4353 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4353)

## Related
- [114-hr-6526: To eliminate the discretion of the Secretary of Homeland Security regarding the…](https://policyrisk.com/legislation/114-hr-6526)
- [114-hr-6466: APP Act](https://policyrisk.com/legislation/114-hr-6466)
- [114-hr-6431: Promoting Travel, Commerce, and National Security Act of 2016](https://policyrisk.com/legislation/114-hr-6431)
- [114-hr-6300: Unaffordable Care Act](https://policyrisk.com/legislation/114-hr-6300)
- [114-hr-6283: Truth in Regulations Act of 2016](https://policyrisk.com/legislation/114-hr-6283)
- [114-hr-6246: Retirement Inflation Protection Act of 2016](https://policyrisk.com/legislation/114-hr-6246)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4353 (as of 2025-11-18).