H.R.801 - Holding Company Registration Threshold Equalization Act of 2014113th Congress (2013-2014)
|Sponsor:||Rep. Womack, Steve [R-AR-3] (Introduced 02/15/2013)|
|Committees:||House - Financial Services | Senate - Banking, Housing, and Urban Affairs|
|Committee Reports:||H. Rept. 113-325|
|Latest Action:||01/15/2014 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.|
|Major Recorded Votes:||01/14/2014 : Passed House|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.801 — 113th Congress (2013-2014)All Bill Information (Except Text)
Passed House without amendment (01/14/2014)
Holding Company Registration Threshold Equalization Act of 2014 - Amends the Securities Exchange Act of 1934 to require an issuer that is a savings and loan holding company to register with the Securities and Exchange Commission (SEC) if: (1) its assets exceed $10 million, and (2) it has a class of equity security held of record by 2,000 or more persons.
Requires termination of such registration after a savings and loan holding company certifies that its holders of record of that class of security have been reduced to fewer than 1,200 persons.
Suspends automatically the duty of a savings and loan holding company to file supplementary and periodic information if the securities of each class to which the registration statement relates (other than any class of asset-backed securities) are held of record by fewer than 1,200 persons.