S. 2490 (97th): Bank Holding Company Deregulation Act of 1982


May 5, 1982
97th Congress, 1981–1982

Died in a previous Congress

This bill was introduced on May 5, 1982, in a previous session of Congress, but was not enacted.


Edwin “Jake” Garn

Senator from Utah


About the bill

Full Title

A bill to authorize the formation of a bank securities affiliate to deal in, underwrite and purchase government and municipal securities, to sponsor and manage investment companies and underwrite the securities thereof, to authorize bank holding companies to engage in activities of a financial nature, insurance underwriting and brokerage, real estate development or brokerage, to amend section 23A of the Federal Reserve Act and for other purposes.

Summary (CRS)

5/5/1982--Introduced.Bank Holding Company Deregulation Act of 1982 - Amends the Banking Act of 1933 to allow a member bank to be affiliated with a bank securities affiliate.Permits any eligible association ... Read more >

The bill’s title was written by its sponsor.


May 5, 1982

This is the first step in the legislative process.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 2490”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


Committee Assignments

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


There have been no roll call votes related to this bill.

Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 6720 (identical)

Referred to Committee
Last Action: Jun 24, 1982

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Primary Source

THOMAS.gov (The Library of Congress)

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