Key Votes
H Amdt 621 - Enhance Banking Flexibility Amendment - Key Vote
National Key Votes
John Mica voted Nay (Amendment Vote) on this legislation.
Read recent statements John Mica made in this general time period.
Stages
Family
- HR 10 - Financial Services Act of 1998
- H Amdt 621 - Enhance Banking Flexibility Amendment
- SB 3042 - Funding for Community and Junior Colleges
Issues
Stage Details
Amendment - Amendment Rejected (House) (140-281) - May 13, 1998 (Key vote)
Title: Enhance Banking Flexibility Amendment
Highlights:
- Allows states to place exemptions for banks regarding acquiring insurance institutions.
- Mandates a study be done on banking and insurance transactions after HR 10 takes effect.
- Prohibits the sale of unitary thrift to unregulated firms that do not deal in finance.
- Revokes the Community Reinvestment Act for smaller banking institutions.
Amendment - Introduced (House) - May 13, 1998
Title: Enhance Banking Flexibility Amendment
Sponsors
- Richard Hugh Baker (LA - R) (Out Of Office)
