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HR 3959 103th Congress House

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
Finance and Financial Sector Bank directorsBank holding companiesBank managementBank mergersConflict of interests
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This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Latest action March 18, 1994

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

 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 3959: To extend the effectiveness of an exemption from the requirements of the Depository Institution Management Interlocks Act.. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-3959/
MLA
"H.R. 3959: To extend the effectiveness of an exemption from the requirements of the Depository Institution Management Interlocks Act.." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-3959/.
Bluebook (legal)
H.R. 3959, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-3959/.
Markdown link
[H.R. 3959: To extend the effectiveness of an exemption from the requirements of the Depository Institution Management Interlocks Act.](https://openamerica.io/bill/103-HR-3959/)
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