H.R. 801 (113th): Holding Company Registration Threshold Equalization Act of 2014

The text of the bill below is as of Jan 15, 2014 (Referred to Senate Committee).

Source: GPO

IIB

113th CONGRESS

2d Session

H. R. 801

IN THE SENATE OF THE UNITED STATES

January 15, 2014

Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs

AN ACT

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.

1.

Short title

This Act may be cited as the Holding Company Registration Threshold Equalization Act of 2014.

2.

Registration threshold for savings and loan holding companies

The Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) is amended—

(1)

in section 12(g)—

(A)

in paragraph (1)(B), by inserting after is a bank the following: , a savings and loan holding company (as defined in section 10 of the Home Owners' Loan Act),; and

(B)

in paragraph (4), by inserting after case of a bank the following: , a savings and loan holding company (as defined in section 10 of the Home Owners' Loan Act),; and

(2)

in section 15(d), by striking case of bank and inserting the following: case of a bank, a savings and loan holding company (as defined in section 10 of the Home Owners' Loan Act),.

Passed the House of Representatives January 14, 2014.

Karen L. Haas,

Clerk