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United States · Bill · S

S. 2156 (99th)

A bill to amend the Federal Deposit Insurance Act to prohibit the acquisition of insured banks by certain foreign nationals, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

7 March 1986

Last action

7 March 1986 · Introduced

Status

Read twice and referred to the Committee on Banking.

Sponsors

Sen. Moynihan, Daniel Patrick [D-NY], Sen. Cohen, William S. [R-ME]

Subjects

Discovery layer

Source updated

14 January 2025

Official sourceView documentsShare

Summary

Amends the Federal Deposit Insurance Act to require persons attempting to acquire insured banks to include their nationality in the notice they file with the appropriate Federal banking agency. Imposes penalties for willful violations of such Act or of any regulation or order issued by such agency. Prohibits any proposed acquisition of an insured bank by certain countries or nationals, agencies, or instrumentalities of such countries.

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

Timeline

  1. 7 March 1986

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  2. 7 March 1986

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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