From official state and federal legislative records. Informational only, not legal advice.
Halfway — passed one chamber
One of the two groups of lawmakers voted yes. Now the other group gets to vote.
Next: the other chamber takes it up — committee first, then a vote.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
To prohibit the use of certain concentration limit exceptions with respect to mergers involving a failed bank unless the applicable agency determines such use is necessary to prevent significant economic disruption or significant adverse effects on financial stability, and for other purposes.