US HB4517 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on December 1 2017 - 25% progression, died in committee
Action: 2017-12-01 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 1 2017 - 25% progression, died in committee
Action: 2017-12-01 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Home Owners' Loan Act to allow mutual holding companies to clarify requirements related to the waiver of dividends, and for other purposes. This bill amends the Home Owners' Loan Act to prohibit a federal financial agency from considering waived dividends in determining an appropriate exchange ratio in the event of a full conversion to stock form with respect to a mutual holding company.
Title
To amend the Home Owners' Loan Act to allow mutual holding companies to clarify requirements related to the waiver of dividends, and for other purposes.
Sponsors
| Rep. John Faso [R-NY] | Rep. Chris Collins [R-NY] | Rep. Steve Stivers [R-OH] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-12-01 | House | Referred to the House Committee on Financial Services. |
| 2017-12-01 | House | Introduced in House |
Same As/Similar To
HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/4517/all-info |
| Text | https://www.congress.gov/115/bills/hr4517/BILLS-115hr4517ih.pdf |
