S 3087 · 95th Congress · Finance and Financial Sector

A bill to amend the Bank Holding Company Act of 1956 to prohibit bank holding companies and their subsidiaries from selling property and casualty insurance as principals, agents, or brokers.

Introduced 1978-05-16· Sponsored by Sen. Durkin, John A. [D-NH]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1978-05-16)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Bank Holding Company Act of 1956 to prohibit bank holding companies and their subsidiaries from selling property and casualty insurance as principals, agents, or brokers.…

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

Cosponsors (4)

3 Democrats1 Republican
Sen. Hathaway, William D. [D-ME]ME
Sen. Church, Frank [D-ID]
Sen. Hatch, Orrin G. [R-UT]UT
Sen. Huddleston, Walter (Dee) [D-KY]