S.Amdt. 3745Senate111th Congress (2009-2011)2nd degree

S.Amdt. 3745

Sponsored by Kay  R. HaganSen. Kay R. Hagan (D-NC)
Submitted April 29, 2010

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Senate amendment submitted

April 29, 2010

Text

Submitted

SA 3745. Mrs. HAGAN submitted an amendment intended to be proposed to
amendment SA 3739 proposed by Mr. Reid (for Mr. Dodd (for himself and
Mrs. Lincoln)) to the bill S. 3217, to promote the financial stability
of the United States by improving accountability and transparency in
the financial system, to end ``too big to fail'', to protect the
American taxpayer by ending bailouts, to protect consumers from abusive
financial services practices, and for other purposes; which was ordered
to lie on the table; as follows:

On page 372, line 2, insert before the period at the end
the following: ``and may establish, acquire, and operate
additional branches and agencies at any location within any
State in which the savings association operated a branch
immediately before the savings association became a bank, if
the law of the State in which the branch is located, or is to
be located, would permit establishment of the branch if the
bank were a State bank chartered by such State''.
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