; and (ii) in paragraph (2)— (I) in subparagraph (A)— (aa) by striking a bank holding company and inserting bank holding company ; (bb) by striking semiannual and inserting annual ; (cc) by striking All other financial companies and inserting All other bank holding companies ; and (dd) by striking and are regulated by a primary Federal financial regulatory agency ; (II) in subparagraph (B)— (aa) by striking and to its primary financial regulatory agency ; and (bb) by striking primary financial regulatory agency the second time it appears and inserting Board of Governors ; and (III) in subparagraph (C)— (aa) by striking Each Federal primary financial regulatory agency, in coordination with the Board of Governors and the Federal Insurance Office, and inserting The Board of Governors ; and (bb) by striking consistent and comparable . (K) in subsection (j)— (i) in paragraph (1), by striking or a nonbank financial company supervised by the Board of Governors ; and (ii) in paragraph (2), by striking the factors described in subsections (a) and (b) of section 113 and any other and inserting any ; (L) in subsection (k)(1), by striking or nonbank financial company supervised by the Board of Governors ; and (M) by adding at the end the following: (l) Exemption for qualifying banking organizations This section shall not apply to a proposed acquisition by a qualifying banking organization, as defined under section 605 of the Financial CHOICE Act of 2017. . (c) Treatment of other resolution plan requirements (1) In general With respect to an appropriate Federal banking agency that requires a banking organization to submit to the agency a resolution plan not described under section 165(d) of the Dodd-Frank Wall Street Reform and Consumer Protection Act— (A) the agency shall comply with the requirements of paragraphs (3) and (4) of such section 165(d); (B) the agency may not require the submission of such a resolution plan more often than every 2 years