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- S.3048
S.3048: SAFE Banking Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced May 9, 2012
- Latest Major Action May 9, 2012
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Independent Democrat)
Bill Summary
Safe, Accountable, Fair, and Efficient Banking Act of 2012 or SAFE Banking Act of 2012 - Amends the Bank Holding Company Act of 1956 to prohibit a bank holding company from holding more than 10% of the total amount of deposits of insured depository institutions in the United States. Directs the Board of Governors of the Federal Reserve System (Board) to require any bank holding company having a deposit concentration in violation of specified...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Committee on Banking, Housing, and Urban Affairs. Hearings held.
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| May 9, 2012 |
Introduced in the Senate by Sherrod Brown (D-Ohio) |