S. 62 (112th): Indian Reservation Bank Branch Act of 2009

Introduced:
Jan 25, 2011 (112th Congress, 2011–2013)
Sponsor:
Sen. Daniel Inouye [D-HI]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

(About Ads | Go Ad-Free for $5)
Status

This bill was introduced on January 25, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Jan 25, 2011
Referred to Committee Jan 25, 2011
Cosponsors
none
Committees

Senate Banking, Housing, and Urban Affairs

The committee chair determines whether a bill will move past the committee stage.

Full Title

A bill to amend the Federal Deposit Insurance Act to modify requirements relating to the location of bank branches on Indian reservations, and for other purposes.

Summary

No summaries available.

Text

Read Bill Text »

Last updated Jan 25, 2011.
15 pages

Primary Source

View on THOMAS (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here.

Citation

Click a format for a citation suggestion:

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

1/25/2011--Introduced.
Indian Reservation Bank Branch Act of 2009 [sic] - Amends the Federal Deposit Insurance Act and the Revised Statutes of the United States to set forth conditions under which Indian tribes may permit branching of banks on Indian reservations.
Permits approval of a state bank application to establish and operate a de novo branch within the boundaries of one or more Indian reservations (regardless of whether the Indian reservations are located within the state bank's home state), if the host reservation enacts a law meeting specified requirements.
Exempts such a state bank from certain requirements and conditions governing an application for an interstate merger transaction.
Prohibits specified state nonmember banks that establish or operate a branch on Indian reservations, except in certain circumstances, from establishing additional branches outside of such reservations in any state in which the Indian reservation is located.
Amends the Revised Statutes of the United States to authorize the Comptroller of the Currency to approve an application of a national bank to establish and operate a de novo branch within the boundaries of an Indian reservation, subject to the same requirements, conditions, and prohibitions of this Act with regard to state banks.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)