A bill to expand credit availability by lifting the growth cap on limited service financial institutions, and for other purposes.
Limited Purpose Bank Growth Cap Relief Act - Amends the Bank Holding Company Act of 1956 to repeal the seven-percent limitation placed upon the annual asset growth of certain companies that are not statutorily treated as bank holding companies.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S2842-2843)
Read twice and referred to the Committee on Banking.
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