Amendment102nd Congress
An amendment to permit out-of-state banks to open branches in a state only if that state passes a law specifically allowing them to do so. Under this "opt-in" approach, states could choose to allow interstate branching at any time by enacting such a law.
- Amendment Number
- 382
- Description
- An amendment to permit out-of-state banks to open branches in a state only if that state passes a law specifically allowing them to do so. Under this "opt-in" approach, states could choose to allow interstate branching at any time by enacting such a law.
- Purpose
- Amendment sought to permit out-of-state banks to open branches in a State only if that State passes a law specifically allowing them to do so, and would have granted States authority to establish conditions on interstate branches.
- Congress
- 102
- Type
- HAMDT
- Latest Action Date
- Nov 4, 1991
- Latest Action Text
- On agreeing to the Richardson amendment (A009) Failed by recorded vote: 142 - 250 (Roll no. 368).
- Latest Action Time
- 14:08:30
- Submitted Date
- Nov 4, 1991
- Chamber
- House of Representatives
- Update Date
- Jun 7, 2021