Federal Savings Association Charter Flexibility Act of 2016

Hozzl · 2023-01-11T13:31:43Z

Explore the details of Senate Bill 2722 Federal Savings Association Charter Flexibility Act of 2016 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

1/11/2023, 1:31 PM

Congressional Summary of S 2722

Federal Savings Association Charter Flexibility Act of 2016

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

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Current Status of Bill S 2722

Bill S 2722 is currently in the status of Bill Introduced since March 17, 2016. Bill S 2722 was introduced during Congress 114 and was introduced to the Senate on March 17, 2016. Bill S 2722's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 17, 2016

Bipartisan Support of Bill S 2722

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2722

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

Administrative law and regulatory proceduresBanking and financial institutions regulationDepartment of the Treasury

Alternate Title(s) of Bill S 2722

Federal Savings Association Charter Flexibility Act of 2016A bill to amend the Home Owners' Loan Act to allow Federal savings associations to elect to operate as national banks, and for other purposes.Federal Savings Association Charter Flexibility Act of 2016

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