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.
USA115th CongressHR-4517| House
| Updated: 12/1/2017
John J. Faso
Republican Representative
New York
Cosponsors (2)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Banking and financial institutions regulationFinancial services and investmentsInterest, dividends, interest rates
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.
USA115th CongressHR-4517| House
| Updated: 12/1/2017
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
John J. Faso
Republican Representative
New York
Cosponsors (2)
Financial Services Committee
Finance and Financial Sector
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Banking and financial institutions regulationFinancial services and investmentsInterest, dividends, interest rates