An amendment numbered 1 printed in House Report 108-439 to limit de novo branching for ILCs to those whose business is more than 85% financial in nature and, in the case of ILCs whose business is less than 85% financial in nature, limit branching to those ILCs who had Federal deposit insurance before October 1, 2003; make technical revisions to section 303 requested by the NCUA; make technical revisions to section 213 requested by OTS; strike section 107; strike section 214; strike section 613; and make technical changes to section 405 requested by the SEC.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Oxley amendment (A001) Agreed to by voice vote.

Records

Official amendment HAMDT 481 (108th) from United States at United States Congress. Status: On agreeing to the Oxley amendment (A001) Agreed to by voice vote..

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Related records

amends → Financial Services Regulatory Relief Act of 2004

Sources

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Official source: https://www.congress.gov/amendment/108th-congress/hamdt-481
Open data entity: https://api.congress.gov/v3/amendment/108/hamdt/481
us · 108-hamdt-481 · source updated 3 February 2022