HR 10 · 106th Congress · Finance and Financial Sector

Financial Services Act of 1999

Introduced 1999-01-06· Sponsored by Rep. Leach, James A. [R-IA-1]· House

Bill Progress

1
Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 204.(1999-07-12)

Recorded Votes

PassedHouse · 1999-07-01
Roll #276
Yea 343Nay 86
Democrats
138 Yea·69 Nay
Republicans
205 Yea·16 Nay
PassedHouse · 1999-07-01
Roll #276
Yea 343Nay 86
Democrats
138 Yea·69 Nay
Republicans
205 Yea·16 Nay
FailedHouse · 1999-07-01
Roll #275
Yea 198Nay 232
Democrats
196 Yea·11 Nay
Republicans
1 Yea·221 Nay
FailedHouse · 1999-07-01
Roll #272
Yea 179Nay 232
Democrats
178 Yea·19 Nay
Republicans
0 Yea·213 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Facilitating Affiliation Among Securities Firms, Insurance companies, and Depository Institutions Subtitle A: Affiliations Subtitle B: Streamlining Supervision of Financial Holding Companies Subtitle C: Subsidiaries of National Banks Subtitle D: Wholesale Financial Holding Companies; Wholesale Financial Institutions Subtitle E: Preservation of FTC Authority Subtitle F: Applying the Principles of National Treatment and Equality of Competitive Opportunity to Foreign banks and Foreign Financial Institutions Subtitle G: Federal Home Loan Bank System Modernization Subtitle H: Direct Activities of Banks Subtitle I: Deposit Insurance Funds Subtitle J: Effective Date of Title Title II: Functional Regulation Subtitle A: Brokers and Dealers Subtitle B: Bank Investment Company Activities Subtitle C: Securities and Exchange Commission Supervision of Investment Bank Holding Companies Subtitle D: Studies Title III: Insurance Subtitle A: State Regulation of Insurance Subtitle B: Redomestication of Mutual Insurance Subtitle C: National Association of Registered Agents and Brokers Title IV: Unitary Savings and Loan Holding Companies Financial Services Act of 1999 - Title…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 10, Financial Services Act of 1999

Jun 10, 1999

Cost estimate for the bill as reported by the House Committee on Banking and Financial Services on March 23, 1999

Full CBO report ↗

H.R. 10, Financial Services Act of 1999

Jun 10, 1999

Estimate of costs of private-sector mandates for the bill as reported by the House Committee on Banking and Financial Services on March 23, 1999

Full CBO report ↗

H.R. 10, Draft amendment to the financial modernization legislation

Oct 15, 1999

Cost estimate for a draft amendment to the financial modernization legislation (H.R. 10/S. 900) being considered in the House-Senate conference committee

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (12)

1 Democrat11 Republicans