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- H.R.4517
H.R.4517: To amend the Home Owners' Loan Act to allow mutual holding companies to clarify requirements related to the waiver of dividends, and for other purposes.
About This Bill
- Introduced Dec. 1, 2017
- Latest Major Action Dec. 1, 2017
Bill Sponsor
Bill Version
- Introduced in House - Dec. 1, 2017
Bill Summary
This bill amends the Home Owners' Loan Act to prohibit a federal financial agency from considering waived dividends in determining an appropriate exchange ratio in the event of a full conversion to stock form with respect to a mutual holding company.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Dec. 1, 2017 |
Referred to the House Committee on Financial Services.
|
| Dec. 1, 2017 |
Introduced in the House by John Faso (R-N.Y.) |