H.R.4420: Depository Institution Merger Pledge Enforcement Act

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about law
  • Introduced Aug. 6, 1998
  • Latest Major Action Aug. 7, 1998

Bill Summary

Depository Institution Merger Pledge Enforcement Act - Amends the Federal Deposit Insurance Act to mandate that certain Federal banking regulatory agencies establish and maintain procedures for monitoring, on an ongoing basis, depository institution and depository institution holding company compliance with merger and acquisition pledges, including any pledge or commitment relating to community lending and investment. Requires such agencies to...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Sponsor introductory remarks on measure.
Aug. 6, 1998

Introduced in the House by John J. LaFalce (D-N.Y.)

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