H.R. 801: Holding Company Registration Threshold Equalization Act of 2013

Introduced:
Feb 15, 2013 (113th Congress, 2013–2015)
Sponsor:
Rep. Steve Womack [R-AR3]
Status:
Reported by Committee

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

The committees assigned to this bill sent it to the House or Senate as a whole for consideration on May 7, 2013.

Progress
Introduced Feb 15, 2013
Referred to Committee Feb 15, 2013
Reported by Committee May 07, 2013
Passed House ...
Passed Senate ...
Signed by the President ...
Prognosis

15% chance of being enacted.

Only 28% of House bills that made it past committee in 2011–2013 were enacted. [show factors | methodology]

Cosponsors
5 cosponsors (4D, 1R) (show)
Committees

House Financial Services

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

Full Title

To amend the Securities Exchange Act of 1934 to make the shareholder threshold for registration of savings and loan holding companies the same as for bank holding companies.

Summary

No summaries available.

Text

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Last updated Feb 15, 2013.
2 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

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

2/15/2013--Introduced.
Holding Company Registration Threshold Equalization Act of 2013 - Amends the Securities Exchange Act of 1934 to require an issuer that is a savings and loan holding company to register with the Securities and Exchange Commission (SEC) if:
(1) its assets exceed $10 million, and
(2) it has a class of equity security held of record by 2,000 or more persons.
Requires termination of such registration after a savings and loan holding company certifies that its holders of record of such class of security has been reduced to fewer than 1,200 persons.
Suspends automatically the duty of a savings and loan holding company to file supplementary and periodic information if the securities of each class to which the registration statement relates (other than any class of asset-backed securities) are held of record by fewer than 1,200 persons.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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

United States Code

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