HR 3407 · 104th Congress · Finance and Financial Sector
Thrift Charter Merger Commission Act of 1996
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Sponsor introductory remarks on measure. (CR E1249-1250)(1996-07-11)
Plain Language Summary
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Thrift Charter Merger Commission Act of 1996 - Establishes a nonpartisan Thrift Charter Merger Commission to: (1) examine the legal and public policies issues of savings association conversions into banks and their consequences upon the financial services industry and consumers; (2) make recommendations to the Congress on the most efficient, least disruptive way to achieve such conversions; and (3) review ways to rationalize depository institution regulation and reorganize the Federal banking agencies. Identifies issues for Commission considerations. Sets forth procedures in both houses of the Congress for consideration of any bill implementing Commission recommendations. Authorizes appropriations.…
Summarized by Claude AI · Non-partisan · For informational purposes only