A bill to amend section 7 (j) of the Federal Deposit Insurance Act.

[AI summary unavailable — showing source text] Amends the Federal Deposit Insurance Act to provide that in the case of a proposed acquisition of the control of any insured bank (other than a national bank or a district bank) which is subject to a State law which provides for review and approval or disapproval by a State bank supervisory agency, the appropriate federal banking agency is not authorized to disapprove such acquisition, but the Federal banking agency may furnish its views and recommendations to the State bank supervisory agency.…