A bill to authorize any bank holding company to acquire control of banks located throughout the standard metropolitan statistical area in which such bank holding company is located.

Amends the Bank Holding Company Act of 1956 to permit a bank holding company to acquire banks throughout the standard metropolitan statistical area (SMSA) in which its operations were conducted as of July 1, 1956, or the date it became a bank holding company, whichever is later, including a SMSA in other States.