Page 83, line 4, strike the closing quotation marks and the 2nd period. \ Page 83, after line 4, insert the following new subparagraph: \ "(C) SENSE OF THE CONGRESS.--It is the sense of the Congress that, when a requesting agency requires expeditious action on an application for a merger transaction, consideration should be made as to the impact the merger transaction will have on corporate and individual customers in an effort to ensure that no harmful effects will result from the merger transaction.".

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Amendment Number
485
Description
Page 83, line 4, strike the closing quotation marks and the 2nd period. \ Page 83, after line 4, insert the following new subparagraph: \ "(C) SENSE OF THE CONGRESS.--It is the sense of the Congress that, when a requesting agency requires expeditious action on an application for a merger transaction, consideration should be made as to the impact the merger transaction will have on corporate and individual customers in an effort to ensure that no harmful effects will result from the merger transaction.".
Purpose
An amendment numbered 5 printed in House Report 108-439 to express the sense of Congress that in situations where a requesting agency obtains expedited action to approve a merger transaction application between multiple depository institutions, that careful consideration is placed on the impact that the transaction will have on affected communities and customers of any or all of the applicant institutions.
Congress
108
Type
HAMDT
Latest Action Date
Mar 18, 2004
Latest Action Text
On agreeing to the Jackson-Lee (TX) amendment (A005) Failed by recorded vote: 194 - 225 (Roll no. 67).
Latest Action Time
13:45:18
Submitted Date
Mar 18, 2004
Chamber
House of Representatives
Update Date
Feb 3, 2022
Amendment 485 — Informed