H.R. 801: Holding Company Registration Threshold Equalization Act of 2014

Introduced:
Feb 15, 2013
Status:
Passed House
Prognosis
25% chance of being enacted
Track this bill
Sponsor
Steve Womack
Representative for Arkansas's 3rd congressional district
Party
Republican
Text
Read Text »
Last Updated
Jan 15, 2014
Length
2 pages
Related Bills
S. 872 (Related)
Holding Company Registration Threshold Equalization Act of 2013

Referred to Committee
Last Action: May 07, 2013

 
Status

This bill passed in the House on January 14, 2014 and goes to the Senate next for consideration.

Progress
Introduced Feb 15, 2013
Referred to Committee Feb 15, 2013
Reported by Committee May 07, 2013
Passed House Jan 14, 2014
Passed Senate ...
Signed by the President ...
Prognosis

25% chance of being enacted.

Only about 23% of bills that made it past committee in 2011–2013 were enacted. [show factors | methodology]

 
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.

Votes
On Motion to Suspend the Rules and Pass
Jan 14, 2014 2:08 p.m.
Passed 417/4

Cosponsors
6 cosponsors (4D, 2R) (show)
Committees

House Financial Services

Senate Banking, Housing, and Urban Affairs

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

 
Primary Source

THOMAS.gov (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. Data comes via the congress project.

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

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.


1/14/2014--Passed House without amendment.
Holding Company Registration Threshold Equalization Act of 2014 - 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 that class of security have 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

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.

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