HR 5746 · 109th Congress · Finance and Financial Sector

Industrial Bank Holding Company Act of 2006

Introduced 2006-07-10· Sponsored by Rep. Gillmor, Paul E. [R-OH-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2006-07-10)

Plain Language Summary

[AI summary unavailable — showing source text] Industrial Bank Holding Company Act of 2006 - Requires an industrial bank holding company to register and file certain reports with the Federal Deposit Insurance Corporation (FDIC) within ninety days after becoming an industrial bank holding company Prohibits such holding company from being controlled by a commercial firm. Grandfathers certain institutions to exempt them from the requirements of this Act.…

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

Cosponsors (20)

14 Democrats6 Republicans
Rep. Frank, Barney [D-MA-4]MA
Rep. Goode, Virgil H., Jr. [R-VA-5]VA
Rep. Regula, Ralph [R-OH-16]OH
Rep. Wolf, Frank R. [R-VA-10]VA
Rep. Musgrave, Marilyn N. [R-CO-4]CO
Rep. McGovern, James P. [D-MA-3]MA
Rep. Gordon, Bart [D-TN-6]TN
Rep. Gutierrez, Luis V. [D-IL-4]IL
Rep. Moore, Gwen [D-WI-4]WI
Rep. Harman, Jane [D-CA-36]CA
Rep. DeGette, Diana [D-CO-1]CO
Rep. Lee, Barbara [D-CA-9]CA
Rep. Miller, George [D-CA-7]CA
Rep. Ehlers, Vernon J. [R-MI-3]MI
Rep. Matsui, Doris O. [D-CA-5]CA
Rep. Eshoo, Anna G. [D-CA-14]CA
Rep. Beauprez, Bob [R-CO-7]CO
Rep. Farr, Sam [D-CA-17]CA
Rep. Boucher, Rick [D-VA-9]VA
Rep. McCollum, Betty [D-MN-4]MN