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

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The text of the bill below is as of Jan 14, 2014 (Reported by House Committee).

IB

Union Calendar No. 242

113th CONGRESS

2d Session

H. R. 801

[Report No. 113–325]

IN THE HOUSE OF REPRESENTATIVES

February 15, 2013

(for himself, Mr. Himes, Mrs. Wagner, and Mr. Delaney) introduced the following bill; which was referred to the Committee on Financial Services

January 14, 2014

Additional sponsors: Mr. Quigley, Mr. Polis, and Mr. Renacci

January 14, 2014

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

A BILL

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 2013 .

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),.

January 14, 2014

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed