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Key Votes
H Amdt 621 - Enhance Banking Flexibility Amendment - Key Vote
National Key Votes
Stages
Family
Issues
Stage Details
Amendment - Amendment Rejected (House) (140-281) - May 13, 1998(Key vote)
Title: Enhance Banking Flexibility Amendment
Vote Result
Yea Votes
Nay Votes
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)
