House
Feb 27, 2003

To amend the Bank Holding Company Act of 1956 and the Revised Statutes of the United States to prohibit financial holding companies and national banks from engaging, directly or indirectly, in real estate brokerage or real estate management activities, and for other purposes.

Summary

Official

Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956, and the Revised Statutes of the United States, to prohibit the Board of Governors of the Federal Reserve System and the Secretary of the Treasury, respectively, from determining that real estate brokerage activity or real estate management activity is financial in nature, is incidental to any financial activity,...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(1/7/03)
Committee
Passed House
Passed Senate
President
Law

Sponsor

KC

Mr. Calvert

House (R) California – 41

Cosponsors (52)

Latest Action

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Feb 27, 2003