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.
Sponsored By: Representative Faso, John J. [R-NY-19]
Unknown
Summary
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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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Faso, John J. [R-NY-19]
NY • R
Cosponsors
Rep. Collins, Chris [R-NY-27]
NY • R
Sponsored 12/1/2017
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 12/1/2017
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov