3.0.0 2397 2023-01-11T20:08:08Z 2023-01-11T20:08:08Z Senate S S 2007-11-16 110 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2007-11-16T18:26:41Z Preserving and Expanding Minority Depository Institutions Act 110 4043 HR 2007-12-06 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2007-11-16 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2007-11-16 Introduced in Senate IntroReferral 10000 9 Library of Congress M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ N Finance and Financial Sector Bank mergers Commerce Congress Congressional reporting requirements Minorities Minority business enterprises Finance and Financial Sector 00 2007-11-16 Introduced in Senate 2007-12-05T15:27:01Z Preserving and Expanding Minority Depository Institutions Act - Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to include the Chairman of the Board of Governors of the Federal Reserve System (Federal Reserve Board) and the Comptroller of the Currency among the persons with whom the Secretary of the Treasury must consult regarding methods for best preserving: (1) the present number of minority depository institutions; and (2) their minority character in cases involving mergers or acquisition of a minority depository institution.

Directs the Secretary of the Treasury, the Chairman of the Federal Reserve Board, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, and the Chairperson of the Federal Deposit Insurance Corporation each to submit an annual report to Congress describing actions taken with respect to the preservation and expansion of minority depository institutions.

]]> Preserving and Expanding Minority Depository Institutions Act Official Title as Introduced A bill to amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to preserve and expand minority depository institutions, and for other purposes. Introduced in Senate IS Display Title Preserving and Expanding Minority Depository Institutions Act Short Titles as Introduced Preserving and Expanding Minority Depository Institutions Act Introduced in Senate 2007-11-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2397is/xml/BILLS-110s2397is.xml 2007-11-16 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.