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HR 5746 109th Congress House Finance and Financial Sector Administrative procedure Bank examination Bank holding companies Commerce Corporate finance Federal Deposit Insurance Corporation Financial statements Government Operations and Politics Government corporations Government paperwork Law Subsidiary corporations

Industrial Bank Holding Company Act of 2006

Introduced: July 10, 2006 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 10, 2006
Referred to the House Committee on Financial Services.
Jul 10, 2006
Introduced in House
 Plain-English summary Congressional Research Service

Industrial Bank Holding Company Act of 2006 - Requires an industrial bank holding company to register and file certain reports with the Federal Deposit Insurance Corporation (FDIC) within ninety days after becoming an industrial bank holding company

Prohibits such holding company from being controlled by a commercial firm.

Grandfathers certain institutions to exempt them from the requirements of this Act.

What's happening now July 10, 2006

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1