A bill to amend the Bank Holding Company Act of 1956 to provide that the Board of Governors of the Federal Reserve System shall not deny any application for the formation of a one-Bank holding company because the transaction to form such one-bank holding company involves a bank stock loan which is for a period of not more than 25 years.

Summary

Amends the Bank Holding Company Act of 1956 to provide that the Board of Governors of the Federal Reserve System shall not deny any application for the formation of a one-bank holding company because the transaction to form such one-bank holding company involves a bank stock loan which is for a period of not more than 25 years.

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

Timeline

1. 9 April 1979

   Introduced

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

   Source: IntroReferral

2. 9 April 1979

   Introduced

   Introduced in House

   Source: IntroReferral

3. 9 April 1979

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 9 April 1979

  Open at official source

Sponsors

• Rep. Watkins, Wes [D-OK-3] · D · Sponsor
• Rep. Leath, Marvin [D-TX-11] · D · Cosponsor
• Rep. Kogovsek, Ray [D-CO-3] · D · Cosponsor
• Rep. Lagomarsino, Robert J. [R-CA-19] · R · Cosponsor
• Rep. Gudger, V. Lamar [D-NC-11] · D · Cosponsor
• · hsba00 · Standing

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