S.Amdt. 3896

SA 3896. Mr. GREGG (for himself, Mr. Brown of Massachusetts, and Mr.
Kerry) 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 320, between lines 11 and 12, insert the following:
(g) Parity.--Section 10(a)(1)(A) of the Home Owners' Loan
Act (12 U.S.C. 1467a(a)(1)(A)) is amended to read as follows:
``(A) Savings association.--The term `savings
association'--
``(i) includes a savings bank or cooperative bank which is
deemed by the Director to be a savings association under
subsection (l); and
``(ii) does not include an institution described in section
2(c)(2)(D) of the Bank Holding Company Act of 1956 (12 U.S.C.
1841(c)(2)(D)).''.
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