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United States · Amendment · HAMDT

HAMDT 622 (105th)

An amendment, printed as amendment No. 5 in part 2 of House Report 105-531 to increase from 5% to 10 % the amount of annual gross revenue which a financial holding company may derive from commercial activities. Growth above the 10 percent commercial revenue cap would be allowed at the discretion of the Federal Reserve Board on a case by case basis for up to an additional five percent. No new commercial investments or activities would be permitted above the 10% cap.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Roukema amendment (A004) as amended Agreed to by recorded vote: 218 - 204 (Roll No. 147).

Sponsors

Rep. Roukema, Marge [R-NJ-5]

Subjects

Discovery layer

Source updated

15 August 2021

Records

Official amendment HAMDT 622 (105th) from United States at United States Congress. Status: On agreeing to the Roukema amendment (A004) as amended Agreed to by recorded vote: 218 - 204 (Roll No. 147)..

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