legislation: 100-s-2513

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
100-s-2513 100 s 2513 A bill to clarify the exemptive authority of the Securities and Exchange Commission. Energy 1988-06-14 1988-06-14 Read twice and referred to the Committee on Banking. Senate Sen. Bentsen, Lloyd M. [D-TX] TX D B000401 0 Exempts a holding company with only one subsidiary that is solely a gas utility from compliance with the Public Utility Holding Company Act of 1935, with the exception of certain securities acquisition restrictions, if: (1) neither the holding company nor any other subsidiary is a public utility; (2) the operations of such subsidiary gas utility company do not extend beyond the State in which it is organized; (3) the subsidiary was incorporated on June 20, 1980, for the express purpose of operating as a gas utility company; and (4) all of the voting securities of such gas utility company are owned by the holding company. 2025-01-14T18:20:21Z  

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