3.0.0 62 2023-01-11T13:20:44Z 2023-01-11T13:20:44Z Senate S S 2011-01-25 112 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2011-01-25T17:56:17Z 2011-01-25 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S176-177) IntroReferral 2011-01-25 Sponsor introductory remarks on measure. (CR S176) IntroReferral B00100 9 Library of Congress 2011-01-25 Introduced in Senate IntroReferral 10000 9 Library of Congress I000025 Sen. Inouye, Daniel K. [D-HI] DANIEL INOUYE D HI KEN N Finance and Financial Sector Banking and financial institutions regulation Indian lands and resources rights Finance and Financial Sector 00 2011-01-25 Introduced in Senate 2011-03-24T14:36:27Z Indian Reservation Bank Branch Act of 2009 [sic] - Amends the Federal Deposit Insurance Act and the Revised Statutes of the United States to set forth conditions under which Indian tribes may permit branching of banks on Indian reservations.

Permits approval of a state bank application to establish and operate a de novo branch within the boundaries of one or more Indian reservations (regardless of whether the Indian reservations are located within the state bank's home state), if the host reservation enacts a law meeting specified requirements. Exempts such a state bank from certain requirements and conditions governing an application for an interstate merger transaction.

Prohibits specified state nonmember banks that establish or operate a branch on Indian reservations, except in certain circumstances, from establishing additional branches outside of such reservations in any state in which the Indian reservation is located.

Amends the Revised Statutes of the United States to authorize the Comptroller of the Currency to approve an application of a national bank to establish and operate a de novo branch within the boundaries of an Indian reservation, subject to the same requirements, conditions, and prohibitions of this Act with regard to state banks.

]]> Indian Reservation Bank Branch Act of 2009 Display Title Indian Reservation Bank Branch Act of 2009 Official Title as Introduced A bill to amend the Federal Deposit Insurance Act to modify requirements relating to the location of bank branches on Indian reservations, and for other purposes. Introduced in Senate IS Short Titles as Introduced Indian Reservation Bank Branch Act of 2009 Introduced in Senate 2011-01-25T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s62is/xml/BILLS-112s62is.xml 2011-01-25 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S176-177) 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.