H.R. 4517 — To amend the Home Owners' Loan Act to allow mutual holding companies to clarify requirements related to the waiver of dividends, and for other purposes.

Summary

This bill amends the Home Owners' Loan Act to prohibit a federal financial agency from considering waived dividends in determining an appropriate exchange ratio in the event of a full conversion to stock form with respect to a mutual holding company.

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Related Legislation

H.R. 10Financial CHOICE Act of 2017
2017-07-13Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
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Legislative Actions

2017-12-01
Introduced in House
2017-12-01
Introduced in House
2017-12-01
Referred to the House Committee on Financial Services.

To amend the Home Owners' Loan Act to allow mutual holding companies to clarify requirements related to the waiver of dividends, and for other purposes.

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