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United States · Amendment · HAMDT

HAMDT 623 (105th)

An amendment, printed as amendment No. 6 in part 2 of House Report 105-531, to eliminate the 5% of annual gross revenue which a financial holding company may derive from commercial activities. The amendment would sunset after ten years the grandfathered the 15% of gross revenue derived from commercial activities permitted to certain businesses that become holding companies affiliated with a bank.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Leach amendment (A005) Agreed to by recorded vote: 229 - 193 (Roll No. 146).

Sponsors

Rep. Leach, James A. [R-IA-2]

Subjects

Discovery layer

Source updated

15 August 2021

Records

Official amendment HAMDT 623 (105th) from United States at United States Congress. Status: On agreeing to the Leach amendment (A005) Agreed to by recorded vote: 229 - 193 (Roll No. 146)..

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