; or (ii) of a person to vote 25 per centum or more of any class of voting securities of an insured depository institution. . (b) Rulemaking The appropriate Federal banking agency (as defined in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 )) shall jointly issue rules for de novo minority depository institutions to allow 3 years to meet the capital requirements otherwise applicable to minority depository institutions. (c) Report Not later than 1 year after the date of enactment of this Act, the appropriate Federal banking agencies (as defined in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 )) shall jointly submit to Congress a report on— (1) the principal causes for the low number of de novo minority depository institutions during the 10-year period preceding the date of the report; (2) the main challenges to the creation of de novo minority depository institutions