1. Short title This Act may be cited as the Community Bank Access to Capital Act of 2017 . 2. Basel III exemption for community banks (a) Definitions In this section— (1) the term community bank means— (A) an insured depository institution; and (B) a depository institution holding company with consolidated assets of not greater than $50,000,000,000; (2) the term insured depository institution has the meaning given the term in section 3(c) of the Federal Deposit Insurance Act ( 12 U.S.C. 1813(c) ); and (3) the term depository institution holding company means a bank holding company or savings and loan holding company (as those terms are defined under section 3(w) of the Federal Deposit Insurance Act ( 12 U.S.C. 1813(w) )). (b) Promulgation of regulations Not later than 90 days after the date of enactment of this Act, the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation shall each promulgate a regulation exempting community banks from any regulation issued to implement Basel III: A global regulatory framework for more resilient banks and banking systems , as issued by the Basel Committee on Banking Supervision on December 16, 2010, and revised on June 1, 2011. (c) Capital requirements adjustment The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation shall make the revisions to capital requirements as the Comptroller, the Board, and the Corporation, respectively, determine are necessary or appropriate in light of the regulations required under subsection (b). 3. Internal control attestation requirement exemptions Section 404(c) of the Sarbanes-Oxley Act of 2002 ( 15 U.S.C. 7262(c) ) is amended— (1) by striking that is neither and inserting the following: that— (1) is neither ; (2) by striking the period at the end and inserting ; or