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United States · Bill · HR

H.R. 2981 (104th)

Entrepreneurial Investment Act of 1996

openUnited States· United States Congress· EN

Introduced

28 February 1996

Last action

Status

Subcommittee Hearings Held.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Entrepreneurial Investment Act of 1996 - Amends the Bank Holding Company Act of 1956 to prescribe conditions and requirements exempting certain smaller-sized bank holding companies from its proscription against the acquisition of interests (equity capital investments) in certain nonbanking organizations. Sets forth restrictions upon joint marketing. Requires such bank holding companies to obtain a one-time approval of the Board of Governors of the Federal Reserve System prior to engaging in such investment activities.

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Documents

3 official files

Introduced in House (text)

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