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  <version>3.0.0</version>
  <bill>
    <number>2660</number>
    <updateDate>2022-02-03T05:31:03Z</updateDate>
    <updateDateIncludingText>2022-02-03T05:31:03Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2005-05-26</introducedDate>
    <congress>109</congress>
    <committees>
      <item>
        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2005-05-26T14:08:30Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2005-05-26</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <actionDate>2005-05-26</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>Intro-H</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2005-05-26</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>O000163</bioguideId>
        <fullName>Rep. Oxley, Michael G. [R-OH-4]</fullName>
        <firstName>MICHAEL</firstName>
        <lastName>OXLEY</lastName>
        <party>R</party>
        <state>OH</state>
        <middleName>G.</middleName>
        <district>4</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>F000339</bioguideId>
        <fullName>Rep. Frank, Barney [D-MA-4]</fullName>
        <firstName>BARNEY</firstName>
        <lastName>FRANK</lastName>
        <party>D</party>
        <state>MA</state>
        <district>4</district>
        <sponsorshipDate>2005-05-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Bank holding companies</name>
        </item>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Housing and Community Development</name>
        </item>
        <item>
          <name>Real estate business</name>
        </item>
        <item>
          <name>Subsidiary corporations</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2005-05-26</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2005-07-05T20:46:00Z</updateDate>
        <text><![CDATA[ <p>Fair Choice and Competition in Real Estate Act of 2005 - Amends the Bank Holding Company Act of 1956, restricting banking interests in nonbanking organizations, to declare that a bank holding company engaged in real estate brokerage and management transactions shall be considered to be engaged in activities that are financial in nature (therefore permissible).</p> <p>Details real estate brokerage and management conduct permissible for bank holding companies.</p>]]></text>
      </summary>
    </summaries>
    <title>Fair Choice and Competition in Real Estate Act of 2005</title>
    <titles>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Fair Choice and Competition in Real Estate Act of 2005</title>
      </item>
      <item>
        <titleType>Display Title</titleType>
        <title>Fair Choice and Competition in Real Estate Act of 2005</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Bank Holding Company Act of 1956 to clarify that real estate brokerage activities and real estate management activities are authorized financial activities for financial holding companies and financial subsidiaries of national banks, and for other purposes.</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2005-05-26T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-109hr2660ih/xml/BILLS-109hr2660ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2005-05-26</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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