SEC. 502. AMENDMENT TO PROVIDE THE FEDERAL RE-
SERVE 
BOARD 
WITH 
DISCRETION 
CON-
CERNING THE IMPUTATION OF CONTROL OF
SHARES OF A COMPANY BY TRUSTEES.
Section 2(g)(2) of the Bank Holding Company Act
of 1956 (12 U.S.C. 1841(g)(2)) is amended by inserting
‘‘, unless the Board determines that such treatment is not
appropriate in light of the facts and circumstances of the
case and the purposes of this Act’’ before the period at
the end.
SEC. 503. ELIMINATING GEOGRAPHIC LIMITS ON THRIFT
SERVICE COMPANIES.
(a) IN GENERAL.—The 1st sentence of section
5(c)(4)(B) of the Home Owners’ Loan Act (12 U.S.C.
1464(c)(4)(B)) (as amended by section 406(b)(3) of this
Act) is amended—
(1) by striking ‘‘corporation organized’’ and all
that follows through ‘‘is available for purchase’’ and
inserting ‘‘company, if the entire capital of the com-
pany is available for purchase’’; and
(2) by striking ‘‘having their home offices in
such State’’.
(b) TECHNICAL CORRECTIONS.—
(1) The heading for subparagraph (B) of sec-
tion 5(c)(4) of the Home Owners’ Loan Act (12
U.S.C. 1464(c)(4)(B)) is amended by striking ‘‘COR-
PORATIONS’’ and inserting ‘‘COMPANIES’’.
(2) The 2nd sentence of section 5(n)(1) of the
Home Owners’ Loan Act (12 U.S.C. 1464(n)(1)) is
amended by striking ‘‘service corporations’’ and in-
serting ‘‘service companies’’.
(3) Section 5(q)(1) of the Home Owners’ Loan
Act (12 U.S.C. 1464(q)(1)) is amended by striking
‘‘service corporation’’ each place such term appears
in subparagraphs (A), (B), and (C) and inserting
‘‘service company’’.
(4) Section 10(m)(4)(C)(iii)(II) of the Home
Owners’ 
Loan 
Act 
(12 
U.S.C.
1467a(m)(4)(C)(iii)(II)) is amended by striking
‘‘service corporation’’ each place such term appears
and inserting ‘‘service company’’.
SEC. 504. CLARIFICATION OF SCOPE OF APPLICABLE RATE
PROVISION.
Section 44(f) of the Federal Deposit Insurance Act
(12 U.S.C. 1831u(f)) is amended by adding at the end
the following new paragraphs:
‘‘(3) OTHER
LENDERS.—In the case of any
other lender doing business in the State described in
paragraph (1), the maximum interest rate or
amount of interest, discount points, finance charges,
or other similar charges that may be charged, taken,
received, or reserved from time to time in any loan,
discount, or credit sale made, or upon any note, bill
of exchange, financing transaction, or other evidence
of debt issued to or acquired by any other lender
shall be equal to not more than the greater of the
rates described in subparagraph (A) or (B) of para-
graph (1).
‘‘(4) OTHER LENDER DEFINED.—For purposes
of paragraph (3), the term ‘other lender’ means any
person engaged in the business of selling or financ-
ing the sale of personal property (and any services
incidental to the sale of personal property) in such
State, except that, with regard to any person or en-
tity described in such paragraph, such term does not
include—
‘‘(A) an insured depository institution; or
‘‘(B) any person or entity engaged in the
business of providing a short-term cash advance
to any consumer in exchange for—
‘‘(i) a consumer’s personal check or
share draft, in the amount of the advance
plus a fee, where presentment or negotia-
tion of such check or share draft is de-
ferred by agreement of the parties until a
designated future date; or
‘‘(ii) a consumer authorization to
debit the consumer’s transaction account,
in the amount of the advance plus a fee,
where such account will be debited on or
after a designated future date.’’.
TITLE VI—BANKING AGENCY
PROVISIONS
SEC. 601. WAIVER OF EXAMINATION SCHEDULE IN ORDER
TO ALLOCATE EXAMINER RESOURCES.
Section 10(d) of the Federal Deposit Insurance Act
(12 U.S.C. 1820(d)) is amended—
(1) by redesignating paragraphs (5), (6), (7),
(8), (9), and (10) as paragraphs (6), (7), (8), (9),
(10), and (11), respectively;
(2) by inserting after paragraph (4), the fol-
lowing new paragraph:
‘‘(5) WAIVER OF SCHEDULE WHEN NECESSARY
TO ACHIEVE SAFE AND SOUND ALLOCATION OF EX-
AMINER
RESOURCES.—Notwithstanding paragraphs
(1), (2), (3), and (4), an appropriate Federal bank-
ing agency may make adjustments in the examina-
tion cycle for an insured depository institution if
necessary to allocate available resources of exam-
iners in a manner that provides for the safety and
soundness of, and the effective examination and su-
pervision of, insured depository institutions.’’; and
(3) in paragraphs (8) and (9), as so redesig-
nated, by striking ‘‘paragraph (6)’’ and inserting
‘‘paragraph (7)’’.
SEC. 602. INTERAGENCY DATA SHARING.
(a) FEDERAL BANKING AGENCIES.—Section 7(a)(2)
of the Federal Deposit Insurance Act (12 U.S.C.
1817(a)(2)) is amended by adding at the end the following
new subparagraph:
‘‘(C) DATA SHARING WITH OTHER AGEN-
CIES AND PERSONS.—In addition to reports of
examination, reports of condition, and other re-
ports required to be regularly provided to the
Corporation (with respect to all insured deposi-
tory institutions, including a depository institu-
tion for which the Corporation has been ap-
pointed conservator or receiver) or an appro-
priate State bank supervisor (with respect to a
State depository institution) under subpara-
graph (A) or (B), a Federal banking agency
may, in the agency’s discretion, furnish any re-
port of examination or other confidential super-
visory information concerning any depository
institution or other entity examined by such
agency under authority of any Federal law,
to—
‘‘(i) any other Federal or State agen-
cy or authority with supervisory or regu-
latory authority over the depository institu-
tion or other entity;
‘‘(ii) any officer, director, or receiver
of such depository institution or entity;
and
‘‘(iii) any other person the Federal
banking agency determines to be appro-
priate.’’.
(b) NATIONAL CREDIT UNION ADMINISTRATION.—
Section 202(a) of the Federal Credit Union Act (12
U.S.C. 1782(a)) is amended by adding at the end the fol-
lowing new paragraph:
‘‘(8) DATA
SHARING
WITH
OTHER
AGENCIES
AND PERSONS.—In addition to reports of examina-
tion, reports of condition, and other reports required
to be regularly provided to the Board (with respect
to all insured credit unions, including a credit union
for which the Corporation has been appointed con-
servator or liquidating agent) or an appropriate
State commission, board, or authority having super-