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Key Votes

HR 1375 - Financial Services Regulatory Relief Act of 2004 - Key Vote

National Key Votes

Elton Gallegly voted Yea (Passage) on this Legislation.

Read statements Elton Gallegly made in this general time period.




Stage Details

Legislation - Bill Sent To Committee (Senate) -
Legislation - Bill Passed (House) (392-25) - (Key vote)

Title: Financial Services Regulatory Relief Act of 2004

Vote Smart's Synopsis:

Vote to pass a bill that would ease numerous banking regulations.

  • Allows an individual to become the director of a subchapter S national bank as long as the individual has at least $1,000 debt issued by the bank (Sec. 101).
  • Requires saving associations to adhere to the same investment-advisor and broker-dealer registration requirements as banks (Sec. 209).
  • Expands the investment opportunities and services that may be offered by credit unions (Secs. 301-313).
Legislation - Introduced (House) -

Title: Financial Services Regulatory Relief Act of 2004



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