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H.R. 5807

Bank Service Company Examination Coordination Act of 2016

Bank Service Company Examination Coordination Act of 2016

This bill amends the Bank Service Company Act to allow the appropriate federal banking agency with respect to the principal shareholder or principal member of a bank service company to authorize a state banking agency (in addition to any other federal banking agency, as under current law) that supervises any other shareholder or member to make an examination of the bank service company.

Referred to the House Committee on Financial Services.

Rep. Duffy, Sean P. [R-WI-7](R-WI)Sponsor
7 cosponsors2 D5 R
7cosponsors1committees3actions2subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Bank Service Company Examination Coordination Act of 2016 — Informed