An amendment No. 1 printed in Part B of House Report 114-489 to limit the asset threshold increase to $5 billion for bank holding companies and savings and loan holding companies which have submitted to the Board of Governors of the Federal Reserve System a credible plan to expand access to banking accounts and services, consumer and small business credit products, and bank branches in rural, low-income, minority, and otherwise under-served communities.

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Amendment Number
971
Description
An amendment No. 1 printed in Part B of House Report 114-489 to limit the asset threshold increase to $5 billion for bank holding companies and savings and loan holding companies which have submitted to the Board of Governors of the Federal Reserve System a credible plan to expand access to banking accounts and services, consumer and small business credit products, and bank branches in rural, low-income, minority, and otherwise under-served communities.
Purpose
Amendment sought to limit the asset threshold increase to $5 billion for bank holding companies and savings and loan holding companies which have submitted to the Board of Governors of the Federal Reserve System a credible plan to expand access to banking accounts and services, consumer and small business credit products, and bank branches in rural, low income, minority, and otherwise under served communities.
Congress
114
Type
HAMDT
Latest Action Date
Apr 14, 2016
Latest Action Text
On agreeing to the Kelly (IL) amendment (A001) Failed by the Yeas and Nays: 165 - 253 (Roll no. 147).
Latest Action Time
15:48:05
Submitted Date
Apr 14, 2016
Chamber
House of Representatives
Update Date
Dec 15, 2020
Amendment 971 — Informed