SAV BANK CONVERT FED TO STATE
Synopsis of Bill as introduced:
Amends the Savings Bank Act. Provides that a federally chartered
savings and loan association or savings bank required by federal law
convert to a national bank or a state chartered institution may become
a State savings bank under an expedited process. Effective
FISCAL NOTE (Dpt. Financial Institutions)
SB646 would have no fiscal impact on the Department.
STATE DEBT IMPACT NOTE, ENGROSSED
SB646, engrossed, would not impact the level of State debt.
HOUSING AFFORDABILITY NOTE
SB646 would have no fiscal effect on a single-family residence.
STATE MANDATES FISCAL NOTE (DCCA)
SB 646 fails to create a State mandate.
HOME RULE NOTE
SB 646 does not preempt home rule authority.
Last action on Bill: PUBLIC ACT.............................. 90-0270
Last action date: 97-07-30
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status