[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 445 Introduced in Senate (IS)]







104th CONGRESS
  1st Session
                                 S. 445

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


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

            February 16 (legislative day, January 30), 1995

Mr. D'Amato (for himself, Mr. Mack, Mr. Bennett, Mr. Faircloth, and Mr. 
Bryan) introduced the following bill; which was read twice and referred 
        to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 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 adding ``or'' 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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