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HR 3959 103th Congress House Finance and Financial Sector Bank directors Bank holding companies Bank management Bank mergers Conflict of interests

To extend the effectiveness of an exemption from the requirements of the Depository Institution Management Interlocks Act.

Introduced: March 3, 1994 Introduced by: Thompson, Bennie G. Democratic · Mississippi See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 18, 1994
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.
Mar 3, 1994
Referred to the House Committee on Banking, Finance + Urban Affrs.
Mar 3, 1994
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Depository Institution Management Interlocks Act to repeal the 15-year expiration date for (and thereby indefinitely extending) the exemption of certain grandfathered management officials from the prohibition against dual service in unaffiliated Federal depository institutions or depository holding companies in specified circumstances.

What's happening now March 18, 1994

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

 Committees of jurisdiction 2