IN THE SENATE OF THE UNITED STATES
April 11, 2013
Mr. Warner(for himself,Mr. Toomey,Mr. Carper,Mr. Moran, andMr. Johanns) introduced the following bill; which was read twice and referred to theCommittee on Banking, Housing, and Urban Affairs
To provide for exemptions from municipal advisor registration requirements.
This Act may be cited as the
Municipal Advisors Relief Act of
Bank exemption from municipal advisor registration
(A), by striking
entity, or a
person appointed to or volunteering on a board, commission, committee, or
similar function of a municipal entity); and
(C), by inserting after
a bank (as
defined insection (3)(a)(6)) or an agency or branch of a foreign bank (as
paragraphs (1)and(3), respectively, of section 1(b) of the
International Banking Act of 1978(12 U.S.C. 3101)),.