An amendment to repeal the asset growth cap of 7% per year for limited-service ("non-bank") banks with respect to loans made or assets held in the state in which such institutions are established or in adjoining states.

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Amendment Number
378
Description
An amendment to repeal the asset growth cap of 7% per year for limited-service ("non-bank") banks with respect to loans made or assets held in the state in which such institutions are established or in adjoining states.
Purpose
Amendment sought to repeal the asset growth cap of 7% per year on limited-service ("non-bank") banks operating under the Competitive Equality Banking Act.
Congress
102
Type
HAMDT
Latest Action Date
Nov 1, 1991
Latest Action Text
On agreeing to the Frank (MA) amendment (A005) Failed by recorded vote: 104 - 290 (Roll no. 365).
Latest Action Time
13:26:54
Submitted Date
Nov 1, 1991
Chamber
House of Representatives
Update Date
Jun 7, 2021
Amendment 378 — Informed