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United States · Bill · HR

H.R. 6166 (102nd)

To amend the Home Owners' Loan Act to modify the separate capitalization rule for the subsidiaries of savings associations that engage in activities not permissible for national banks.

referredUnited States· United States Congress· EN

Introduced

5 October 1992

Last action

Status

Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

Sponsors

Subjects

Discovery layer

Source updated

6 February 2024

Summary

Amends the Home Owners' Loan Act to delineate conditions under which the Director of the Office of Thrift Supervision may modify, in his or her sole discretion, the statutory percentages applicable to the capitalization requirements (separate capitalization rule) of savings associations' subsidiaries engaged in activities that are not permissible for national banks. Prescribes percentage limitations.

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Documents

2 official files

Introduced in House (text)

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