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H.R.5807 - Bank Service Company Examination Coordination Act of 2016114th Congress (2015-2016)

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Sponsor: Rep. Duffy, Sean P. [R-WI-7] (Introduced 07/14/2016)
Committees: House - Financial Services
Latest Action: House - 07/14/2016 Referred to the House Committee on Financial Services.  (All Actions)

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This bill has the status Introduced

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Summary: H.R.5807 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.5807. Bill summaries are authored by CRS.

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Introduced in House (07/14/2016)

Bank Service Company Examination Coordination Act of 2016

This bill amends the Bank Service Company Act to allow the appropriate federal banking agency with respect to the principal shareholder or principal member of a bank service company to authorize a state banking agency (in addition to any other federal banking agency, as under current law) that supervises any other shareholder or member to make an examination of the bank service company.