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SENATE 567115th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Federal Savings Association Charter Flexibility Act of 2017

Last Action
3/8/2017

Actions

  • 2017-03-08Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2017-03-08Introduced in Senate

CRS Summary

As of 2017-03-08 (00)

Federal Savings Association Charter Flexibility Act of 2017

This bill amends the Home Owners' Loan Act to permit a federal savings association to elect to operate, subject to supervision by the Office of the Comptroller of the Currency, with the same rights and duties as a national bank.

Cosponsors (2)

  • Jerry Moran (R-KS)
  • Mike Rounds (R-SD)

Subjects

  • Administrative law and regulatory procedures
  • Banking and financial institutions regulation
  • Department of the Treasury
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.