HR 3210 · 104th Congress · Finance and Financial Sector

Bank Holding Company Application Act of 1996

Introduced 1996-03-29· Sponsored by Rep. Campbell, Tom [R-CA-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(1996-04-04)

Plain Language Summary

[AI summary unavailable — showing source text] Bank Holding Company Application Act of 1996 - Amends the Bank Holding Company Act of 1956 to declare that nothing in its requirements for bank holding company acquisition of bank shares or assets shall be construed as limiting the discretion of the Board of Governors of the Federal Reserve System with regard to the manner in which it may: (1) require a bank holding company to seek Board approval for a proposed action (especially the type and amount of information to be included in an application to become a bank holding company or to acquire a bank); or (2) review any such action.…

Summarized by Claude AI · Non-partisan · For informational purposes only