A bill to amend section 215, title 18, United States Code, receipt of commissions or gifts for procuring loans, to expand the institutions covered; to encompass indirect payments to bank officials; to make violation of the section a felony; and to specifically include offerors and givers of the prescribed payments.

Provides that whoever, being an officer, director, employee, agent, or attorney of any financial institution, bank holding company, or savings and loan holding company, except as provided by law, directly, asks, demands, exacts, solicits, seeks, accepts, receives or agrees to receive any thing of value, for himself or for any other person or entity, other than such financial institution, from any person or entity for or in connection with any transaction or business of such financial institution; or whoever, except as provided by law, directly or indirectly, gives, offers, or promises any thing of value to any officer, director, employee, agent, or attorney of any financial institution, bank holding company, or savings and loan holding company, or offers or promises any such officer, director, employee, agent , or attorney to give any thing of value to any person or entity, other than such financial institution, for or in connection with any transaction or business of such financial institution shall be fined not more than $5,000 or three times the value of any thing offered, asked, given, received, or agreed to be given or received, whichever is greater, or imprisoned not more than five years, or both; but if the value of any thing offered, asked, given, received, or agreed to be given or received does not exceed $100, shall be fined not more than $1,000 or imprisoned not more than one year, or both.

Sets forth the definition of financial institution as used in this Act.