S.2973: Preservation of Federalism in Banking Act

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about congress
  • Introduced Oct. 9, 2004
  • Latest Major Action Oct. 9, 2004

Bill Summary

Preservation of Federalism in Banking Act - Amends the Revised Statutes of the United States to set forth State law preemption standards for national banks and their subsidiaries. Declares that any State: (1) consumer law of general application (including any law relating to unfair or deceptive acts or practices and any consumer fraud law) shall also apply to any national bank; and (2) law applicable to State banks shall also apply to any...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct. 9, 2004

Introduced in the Senate by Jon Stevens Corzine (D-N.J.)

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