HR 2660 · 109th Congress · Finance and Financial Sector

Fair Choice and Competition in Real Estate Act of 2005

Introduced 2005-05-26· Sponsored by Rep. Oxley, Michael G. [R-OH-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2005-05-26)

Plain Language Summary

[AI summary unavailable — showing source text] Fair Choice and Competition in Real Estate Act of 2005 - Amends the Bank Holding Company Act of 1956, restricting banking interests in nonbanking organizations, to declare that a bank holding company engaged in real estate brokerage and management transactions shall be considered to be engaged in activities that are financial in nature (therefore permissible). Details real estate brokerage and management conduct permissible for bank holding companies.…

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

Cosponsors (1)

1 Democrat
Rep. Frank, Barney [D-MA-4]MA