House
Feb 27, 2003To 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,...
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