HR 698 · 110th Congress · Finance and Financial Sector
Industrial Bank Holding Company Act of 2007
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2007-05-22)
Recorded Votes
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Plain Language Summary
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Industrial Bank Holding Company Act of 2007 - 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
CBO Cost Estimate
Congressional Budget OfficeH.R. 698, Industrial Bank Holding Company Act of 2007
May 15, 2007<p>Cost estimate for the bill as ordered reported by the House Committee on Financial Services on May 2, 2007</p>
Full CBO report ↗H.R. 698, Industrial Bank Holding Company Act of 2007
May 15, 2007Cost estimate for the bill as ordered reported by the House Committee on Financial Services on May 2, 2007
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (20)
14 Democrats6 Republicans