H.R. 7272 — A bill to amend the Federal Reserve Act to require prior notification to the Federal Reserve Board of certain financing by commercial banks.

Summary

Amends the Federal Reserve Act to authorize the Board of Governors of the Federal Reserve System to require commercial banks which plan to assist in the financing of any part of a corporate acquisition or merger involving more than $100,000,000 in financing to notify the Board of such anticipated financing. Empowers the Board to disapprove such acquisition or merger under specified circumstances.

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Legislative Actions

1982-10-01
Introduced in House
1982-10-01
Introduced in House
1982-10-01
Referred to House Committee on Banking, Finance and Urban Affairs.
1982-10-15
Referred to Subcommittee on Domestic Monetary Policy.

A bill to amend the Federal Reserve Act to require prior notification to the Federal Reserve Board of certain financing by commercial banks.

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Summary

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