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Holding Company Registration Threshold Equalization Act of 2014

3/14/2024, 12:48 PM

Congressional Summary of HR 801

Holding Company Registration Threshold Equalization Act of 2014 - Amends the Securities Exchange Act of 1934 to require an issuer that is a savings and loan holding company to register with the Securities and Exchange Commission (SEC) if: (1) its assets exceed $10 million, and (2) it has a class of equity security held of record by 2,000 or more persons.

Requires termination of such registration after a savings and loan holding company certifies that its holders of record of that class of security have been reduced to fewer than 1,200 persons.

Suspends automatically the duty of a savings and loan holding company to file supplementary and periodic information if the securities of each class to which the registration statement relates (other than any class of asset-backed securities) are held of record by fewer than 1,200 persons.

Current Status of Bill HR 801

Bill HR 801 is currently in the status of Bill Introduced since February 15, 2013. Bill HR 801 was introduced during Congress 113 and was introduced to the House on February 15, 2013.  Bill HR 801's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of January 15, 2014

Bipartisan Support of Bill HR 801

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
4
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 801

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Banking and financial institutions regulation
- Licensing and registrations
- Securities

Alternate Title(s) of Bill HR 801

Holding Company Registration Threshold Equalization Act of 2014
Holding Company Registration Threshold Equalization Act of 2013
Holding Company Registration Threshold Equalization Act of 2014
To amend the Securities Exchange Act of 1934 to make the shareholder threshold for registration of savings and loan holding companies the same as for bank holding companies.

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