[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1491 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 1491

  To expand credit availability by lifting the growth cap on limited 
        service financial institutions, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 7, 1995

   Mr. Castle (for himself, Mr. LaFalce, Mr. McCollum, Mr. Baker of 
   Louisiana, Mr. King, Mr. Frank of Massachusetts, Mr. Royce, Mrs. 
  Maloney, Mr. Chrysler, and Mr. Fox of Pennsylvania) introduced the 
  following bill; which was referred to the Committee on Banking and 
                           Financial Services

_______________________________________________________________________

                                 A BILL


 
  To expand credit availability by lifting the growth cap on limited 
        service financial institutions, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Limited Purpose Bank Growth Cap 
Relief Act''.

SEC. 2. AMENDMENT TO THE BANK HOLDING COMPANY ACT OF 1956.

    Section 4(f)(3)(B) of the Bank Holding Company Act of 1956 (12 
U.S.C. 1843(f)(3)(B)) is amended--
            (1) in clause (ii), by inserting ``or'' after the semicolon 
        at the end;
            (2) in clause (iii), by striking ``; or'' at the end and 
        inserting a period; and
            (3) by striking clause (iv).
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