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United States · Bill · HR

H.R. 2255 (96th)

Cash Discount Act

reportedUnited States· United States Congress· EN

Introduced

15 February 1979

Last action

4 September 1980 · Reported

Status

Reported to Senate from the Committee on Banking, Housing and Urban Affairs with amendment, S. Rept. 96-923.

Sponsors

Rep. Hanley, James M. [D-NY-32], Rep. St Germain, Fernand J. [D-RI-1], Rep. Montgomery, G. V. (Sonny) [D-MS-3], Rep. Annunzio, Frank [D-IL-11], Rep. Blanchard, James [D-MI-18], Rep. Cavanaugh, John J. [D-NE-2], Rep. Mattox, James A. [D-TX-5], Rep. Watkins, Wes [R-OK-3], Rep. Hammerschmidt, John P. [R-AR-3], Rep. D'Amours, Norman E. [D-NH-1], Rep. Derrick, Butler C. [D-SC-3], Rep. Howard, James J. [D-NJ-3], Rep. Huckaby, Thomas J. (Jerry) [D-LA-5], Rep. Bereuter, Doug [R-NE-1], Rep. Corcoran, Tom [R-IL-14], Rep. Kildee, Dale E. [D-MI-5], Rep. Leath, Marvin [D-TX-11], Rep. Neal, Stephen L. [D-NC-5], Rep. Rinaldo, Matthew J. [R-NJ-7], Rep. Traxler, Bob [D-MI-8], Rep. Wyatt, Joe, Jr. [D-TX-14], Rep. Bevill, Tom [D-AL-4], Rep. McKinney, Stewart B. [R-CT-4], Rep. Collins, James M. [R-TX-3], Rep. Patten, Edward J. [D-NJ-15], Rep. Duncan, John J. [R-TN-2], Rep. McHugh, Matthew F. [D-NY-28], Rep. Cotter, William R. [D-CT-1], Rep. Biaggi, Mario [D-NY-19], Rep. Gilman, Benjamin A. [R-NY-20], Rep. Heckler, Margaret M. [R-MA-10], Sen. Shelby, Richard C. [R-AL]

Subjects

Discovery layer

Source updated

14 January 2025

Official sourceView documentsShare

Summary

Amends the Bank Holding Company Act of 1956 to prohibit bank holding companies and their subsidiaries from selling insurance as principals, agents, or brokers, except: (1) where the insurance secures an extension of credit in the event of death or disability of the debtor; (2) any insurance activity in a community of less than 5,000 or which has inadequate insurance agency facilities; (3) any insurance activity approved prior to June 6, 1978; or (4) any insurance activity of a bank holding company with less than $50,000,000 in total assets.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 15 February 1979

    Introduced

    Referred to House Committee on Banking, Finance and Urban Affairs.

    Source: IntroReferral

  2. 15 February 1979

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 15 February 1979

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 24 March 1980

    Reported

    Reported to House from the Committee on Banking, Finance and Urban Affairs with amendment, H. Rept. 96-845.

    Source: Committee

  5. 24 March 1980

    Reported

    Reported to House from the Committee on Banking, Finance and Urban Affairs with amendment, H. Rept. 96-845.

    Source: Committee

  6. 12 June 1980

    Vote

    Measure passed House, amended, roll call #323 (333-25).

    Source: Floor

  7. 12 June 1980

    Vote

    Passed/agreed to in House: Measure passed House, amended, roll call #323 (333-25).

    Source: Floor

  8. 12 June 1980

    Floor

    Measure called up by special rule in House.

    Source: Floor

  9. 16 June 1980

    Introduced

    Referred to Senate Committee on Banking, Housing and Urban Affairs.

    Source: IntroReferral

  10. 4 September 1980

    Reported

    Reported to Senate from the Committee on Banking, Housing and Urban Affairs with amendment, S. Rept. 96-923.

    Source: Committee

  11. 4 September 1980

    Reported

    Reported to Senate from the Committee on Banking, Housing and Urban Affairs with amendment, S. Rept. 96-923.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

4 official files

Leesvertaling

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  • Reported to Senate with amendment(s)

    summary · EN · 4 September 1980

    Open at official source

  • Passed House amended

    summary · EN · 12 June 1980

    Open at official source

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  • Reported to House with amendment(s)

    summary · EN · 24 March 1980

    Open at official source

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  • Introduced in House

    summary · EN · 15 February 1979

    Open at official source

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Sponsors

Related records

Sources

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