S 2193 · 98th Congress · Foreign Trade and International Finance

A bill to authorize the Comptroller of the Currency to consider reciprocity among other factors in acting on an application by a foreign bank to establish a Federal branch or agency, and for other purposes.

Introduced 1983-11-18· Sponsored by Sen. Garn, E. J. (Jake) [R-UT]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Banking. Hearings held. Hearings printed: S.Hrg. 98-1012.(1984-09-26)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the International Banking Act of 1978 to direct the Comptroller of the Currency, in considering a foreign bank's application to establish a Federal branch or agency, to consider whether or not U.S. banks are permitted to conduct business in the applicant's country.…

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

Cosponsors (5)

3 Democrats2 Republicans