S.1835: A bill to amend the Federal Deposit Insurance Act to clarify what lending entities are subject to section 44(f) of that Act, and for other purposes.

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Dec. 18, 2001
  • Latest Major Action Dec. 18, 2001

Bill Summary

Amends the Federal Deposit Insurance Act regarding interstate bank mergers to subject to certain maximum charge limitations any credit sale or other evidence of debt issued to or acquired by any competing lender (currently, any insured depository institution) in a State that has a constitutional provision specifying the maximum lawful annual percentage rate of interest on a contract at no more than five percent above the discount rate for...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec. 18, 2001

Introduced in the Senate by Blanche Lincoln (D-Ark.)

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