90th General Assembly
Summary of SB0646
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Senate Sponsors:

House Sponsors:

Short description: 
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

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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