HR 643
104th 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: January 23, 1995
Introduced by:
Thompson, Bennie G.
Democratic
· Mississippi
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 27, 1995
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jan 23, 1995
Referred to the House Committee on Banking and Financial Services.
Jan 23, 1995
Introduced in House
Plain-English summary
Amends the Depository Institution Management Interlocks Act to repeal the 20-year expiration date for (and thereby indefinitely extend) 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
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Committees of jurisdiction
2