S.1356: Industrial Bank Holding Company Act of 2007

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about finance and financial sector
  • Introduced May 10, 2007
  • Latest Major Action May 10, 2007

Bill Summary

Industrial Bank Holding Company Act of 2007 - Amends the Federal Deposit Insurance Act (FDIA) to apply the bank share or asset acquisition requirements of the Bank Holding Company Act of 1956 to any company that is or would become an industrial bank holding company.Subjects an industrial bank to Federal Deposit Insurance Corporation (FDIC) requirements regarding registration, reporting, and bank examinations. Prohibits the FDIC from imposing...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 10, 2007

Introduced in the Senate by Sherrod Brown (D-Ohio)

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