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Bank Examination Report Protection Act of 1997

Introduced: November 9, 1997 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 26, 1997
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Nov 10, 1997
Sponsor introductory remarks on measure. (CR E2312)
Nov 9, 1997
Referred to the House Committee on Banking and Financial Services.
Nov 9, 1997
Introduced in House
 Plain-English summary Congressional Research Service

Bank Examination Report Protection Act of 1997 - Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to establish a privileged status for confidential supervisory information. Declares such information to be the property of the Federal banking agency that created or requested it.

Prohibits the disclosure of such information without prior authorization of the appropriate Federal banking agency.

Precludes the use of subpoena or other process to obtain such information. Permits disclosure requests to the appropriate Federal banking agency.

Grants Federal courts exclusive jurisdiction for actions to compel information disclosure. Prescribes judicial, rulemaking, and notice procedures.

What's happening now November 26, 1997

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Committees of jurisdiction 2