3.0.0 1947 2023-01-15T09:03:28Z 2023-01-15T09:03:28Z Senate S S 2003-11-24 108 hsju00 Judiciary Committee House Standing hsju09 Commercial and Administrative Law Subcommittee Referred to 2003-11-28T14:26:49Z Discharged from 2003-12-08T22:26:51Z Referred to 2003-11-25T21:33:30Z 2003-12-19 Became Public Law No: 108-198. President E40000 2 House floor actions 2003-12-19 Became Public Law No: 108-198. BecameLaw 36000 9 Library of Congress 2003-12-19 Signed by President. President E30000 2 House floor actions 2003-12-19 Signed by President. BecameLaw 36000 9 Library of Congress 2003-12-11 Presented to President. Floor E20000 2 House floor actions 2003-12-11 Presented to President. President 28000 9 Library of Congress 2003-12-08 17:27:19 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2003-12-08 17:27:18 On passage Passed without objection. (text: CR H12866-12867) Floor H37100 2 House floor actions 2003-12-08 17:27:18 Passed/agreed to in House: On passage Passed without objection.(text: CR H12866-12867) Floor 8000 9 Library of Congress 2003-12-08 17:26:54 Mr. Smith (TX) asked unanimous consent to discharge from committee and consider. Floor H30200 2 House floor actions 2003-12-08 17:26:54 Considered by unanimous consent. (consideration: CR H12866-12867) Floor H30000 2 House floor actions 2003-12-08 Committee on Judiciary discharged. Discharge H12300 2 House floor actions hsju00 Judiciary Committee 2003-12-08 Committee on Judiciary discharged. Committee 5500 9 Library of Congress hsju00 Judiciary Committee 2003-11-28 hsju09 Commercial and Administrative Law Subcommittee 1 House committee actions Referred to the Subcommittee on Commercial and Administrative Law. Committee 2003-11-25 Referred to the House Committee on the Judiciary. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2003-11-25 12:02:42 Received in the House. Floor H14000 2 House floor actions 2003-11-25 Senate Message on Senate action sent to the House. Floor 2003-11-24 Senate Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S15873-15874; text as passed Senate: CR S15873; text of measure as introduced: CR S15873-15874;) Floor 2003-11-24 Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.(consideration: CR S15873-15874; text as passed Senate: CR S15873; text of measure as introduced: CR S15873-15874;) Floor 17000 9 Library of Congress 2003-11-24 Introduced in Senate IntroReferral 10000 9 Library of Congress L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT N H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT 2003-11-24 True Public Law 108-198 Crime and Law Enforcement Administrative procedure Bank employees Bank examination Bank fraud Bank loans Bank management Bribery Commerce Conflict of interests Consumer protection Credit cards Debt Debtor and creditor Farm Credit Administration Federal Deposit Insurance Corporation Federal Housing Finance Board Federal Reserve System Federal employees Finance and Financial Sector Financial institutions Fines (Penalties) Gifts Government Operations and Politics Government corporations Housing and Community Development Law Misconduct in office Mortgages Public Lands and Natural Resources Real property Small Business Administration State officials Trusts and trustees Crime and Law Enforcement 00 2003-11-24 Introduced in Senate 2003-11-26T20:34:13Z Preserving Independence of Financial Institution Examinations Act of 2003 - Amends Federal criminal law to subject to criminal penalties: (1) personnel of a financial institution who offer a loan or gratuity to a financial institution examiner; and (2) a financial institution examiner who accepts such loan or gratuity.

Excludes from the meaning of financial institution covered by this Act a credit union, a Federal Reserve Bank, a Federal home loan bank, or a depository institution holding company.

]]> 82 2003-11-24 Passed Senate without amendment 2003-11-26T20:53:19Z (This measure has not been amended since it was introduced. The summary has been expanded because action has occurred on the measure.)

Preserving Independence of Financial Institution Examinations Act of 2003 - Amends Federal criminal law to subject to criminal penalties: (1) personnel of a financial institution who offer a loan or gratuity to a financial institution examiner; and (2) a financial institution examiner who accepts such loan or gratuity.

Authorizes a Federal financial institution regulatory agency to prescribe regulations establishing additional limitations on the application for and receipt of credit and on the application and receipt of residential mortgage loans, after consulting with each other Federal financial institution regulatory agency.

Excludes from the meaning of financial institution covered by this Act a credit union, a Federal Reserve Bank, a Federal home loan bank, or a depository institution holding company.

Declares that the term "loan" does not include any credit card account established under an open end consumer credit plan, or a loan secured by residential real property that is the principal residence of the examiner, if certain requirements are met.

]]> 81 2003-12-08 Passed House without amendment 2004-01-06T21:53:27Z (This measure has not been amended since it was introduced. The expanded summary of the Senate passed version is repeated here.)

Preserving Independence of Financial Institution Examinations Act of 2003 - (Sec. 2) Amends Federal criminal law to subject to criminal penalties: (1) personnel of a financial institution who offer a loan or gratuity to a financial institution examiner; and (2) a financial institution examiner who accepts such loan or gratuity.

Authorizes a Federal financial institution regulatory agency to prescribe regulations establishing additional limitations on the application for and receipt of credit and on the application and receipt of residential mortgage loans, after consulting with each other Federal financial institution regulatory agency.

Excludes from the meaning of financial institution covered by this Act a credit union, a Federal Reserve Bank, a Federal home loan bank, or a depository institution holding company.

States that the term "loan" does not include any credit card account established under an open end consumer credit plan, or a loan secured by residential real property that is the principal residence of the examiner, if certain requirements are met.

]]> 49 2003-12-19 Public Law 2003-12-23T21:42:24Z (This measure has not been amended since it was passed by the House on December 19, 2003. The summary of that version is repeated here.)

Preserving Independence of Financial Institution Examinations Act of 2003 - Amends Federal criminal law to subject to criminal penalties: (1) personnel of a financial institution who offer a loan or gratuity to a financial institution examiner; and (2) a financial institution examiner who accepts such loan or gratuity.

Authorizes a Federal financial institution regulatory agency to prescribe regulations establishing additional limitations on the application for and receipt of credit and on the application and receipt of residential mortgage loans, after consulting with each other Federal financial institution regulatory agency.

Excludes from the meaning of financial institution covered by this Act a credit union, a Federal Reserve Bank, a Federal home loan bank, or a depository institution holding company.

Declares that the term "loan" does not include any credit card account established under an open end consumer credit plan, or a loan secured by residential real property that is the principal residence of the examiner, if certain requirements are met.

]]> Preserving Independence of Financial Institution Examinations Act of 2003 Display Title Preserving Independence of Financial Institution Examinations Act of 2003 Official Title as Introduced A bill to prohibit the offer of credit by a financial institution to a financial institution examiner, and for other purposes. Introduced in Senate IS Short Titles as Introduced Preserving Independence of Financial Institution Examinations Act of 2003 Short Titles as Passed House Preserving Independence of Financial Institution Examinations Act of 2003 H House Short Titles as Passed Senate Preserving Independence of Financial Institution Examinations Act of 2003 S Senate Short Titles as Enacted Preserving Independence of Financial Institution Examinations Act of 2003 Enrolled Bill Referred in House 2003-11-25T05:00:00Z Introduced in Senate 2003-11-24T05:00:00Z Engrossed in Senate 2003-11-24T05:00:00Z 2003-12-20T04:59:59Z https://www.govinfo.gov/content/pkg/PLAW-108publ198/xml/PLAW-108publ198.xml Public Law 2003-12-19 Became Public Law No: 108-198. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.