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HR 5807 114th Congress House Finance and Financial Sector Banking and financial institutions regulation State and local government operations

Bank Service Company Examination Coordination Act of 2016

Introduced: July 14, 2016 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 14, 2016
Referred to the House Committee on Financial Services.
Jul 14, 2016
Introduced in House
 Plain-English summary Congressional Research Service

Bank Service Company Examination Coordination Act of 2016

This bill amends the Bank Service Company Act to allow the appropriate federal banking agency with respect to the principal shareholder or principal member of a bank service company to authorize a state banking agency (in addition to any other federal banking agency, as under current law) that supervises any other shareholder or member to make an examination of the bank service company.

What's happening now July 14, 2016

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1