Summary: H.R.1660 — 114th Congress (2015-2016)All Information (Except Text)

Bill summaries are authored by CRS.

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Reported to House without amendment (12/12/2016)

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Federal Savings Association Charter Flexibility Act of 2015

(Sec. 2) This bill amends the Home Owners' Loan Act to permit a federal savings association to elect to operate subject to supervision by the Comptroller of the Currency with the rights and duties of a national bank.