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Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations

---
identifier: "/us/fr/2019-27717"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations"
title_number: 0
title_name: "Federal Register"
section_number: "2019-27717"
section_name: "Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations"
positive_law: false
currency: "2019-12-26"
last_updated: "2019-12-26"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Federal Reserve System"
document_number: "2019-27717"
document_type: "rule"
publication_date: "2019-12-26"
agencies:
  - "Federal Reserve System"
cfr_references:
  - "12 CFR Part 206"
  - "12 CFR Part 208"
  - "12 CFR Part 211"
  - "12 CFR Part 215"
  - "12 CFR Part 217"
  - "12 CFR Part 223"
  - "12 CFR Part 225"
  - "12 CFR Part 238"
  - "12 CFR Part 251"
rin: "7100-AF 29"
fr_citation: "84 FR 70887"
fr_volume: 84
docket_ids:
  - "Regulation Q"
  - "Docket No. R-1638"
effective_date: "2020-01-01"
fr_action: "Final rule; correction."
---

#  Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations

**AGENCY:**

Board of Governors of the Federal Reserve System (Board).

**ACTION:**

Final rule; correction.

**SUMMARY:**

The *Federal Register* document of November 13, 2019, promulgating a final rule that provides for a simple measure of capital adequacy for certain community banking organization had two erroneous amendment instructions. This document corrects these errors.

**DATES:**

This correction is effective on January 1, 2020.

**SUPPLEMENTARY INFORMATION:**

In FR Doc. 2019-23472 appearing on page 61776 in the *Federal Register* of Wednesday, November 13, 2019, the following corrections are made:

**7 CFR Part 208**

1. On page 61796, in the center column, amendatory instruction 31 is corrected to read as follows:

“31. Section 208.43 is amended by revising paragraphs (a), (b) introductory text, and (b)(1) to read as follows:”

**12 CFR Part 225**

2. On page 61799, in the center column, amendatory instruction 46 is corrected to read as follows:

“46. Section 225.14 is amended by:

a. Redesignating footnote 3 to paragraph (a)(1)(ii) as footnote 1 to paragraph (a)(1)(ii);

b. Revising paragraphs (a)(1)(v), (a)(1)(vii), and (c)(6)(i)(A) and (B); and

c. Adding paragraphs (c)(6)(iii) and (f).”

Board of Governors of the Federal Reserve System, December 18, 2019.

Ann Misback,

Secretary of the Board.