Amendment allows foreign banks in the U.S. to expand their operations by allowing bank agencies to upgrade to branches with the approval of the appropriate chartering agency.

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Amendment Number
250
Description
Amendment allows foreign banks in the U.S. to expand their operations by allowing bank agencies to upgrade to branches with the approval of the appropriate chartering agency.
Purpose
An amendment no. 5 printed in H. Rept. 106-214 to allow foreign banks to upgrade bank agencies and branches with the approval of the appropriate chartering agency.
Congress
106
Type
HAMDT
Latest Action Date
Jul 1, 1999
Latest Action Text
On agreeing to the Foley amendment (A005) Agreed to by voice vote.
Latest Action Time
19:25:32
Submitted Date
Jul 1, 1999
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 250 — Informed