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House bill · 100th Congress · Did not become law

Foreign Ownership of United States Banks Limitation Act

H.R. 2578Introduced Jun 2, 1987Policy area: Finance and Financial Sector
Sponsor: Rep. Charles Schumer D-NY
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Where it went

Latest action: Oct 20, 1987 — Received in the Senate and read twice and referred to the Committee on Banking.

Vote results

No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).

Cosponsors

38 cosponsors — 11 Republicans, 27 Democrats

11 of 38 cosponsors (29%) are from the other party.

Frank Annunzio (D-IL), Steve Bartlett (R-TX), Douglas Bereuter (R-NE), Thomas Carper (D-DE), Ben Erdreich (D-AL), Floyd Flake (D-NY), Barney Frank (D-MA), Robert Garcia (D-NY), Henry Gonzalez (D-TX), Bart Gordon (D-TN), Carroll Hubbard (D-KY), Paul Kanjorski (D-PA), Marcy Kaptur (D-OH), John Kasich (R-OH), Joseph Kennedy (D-MA), Gerald Kleczka (D-WI), Richard Lehman (D-CA), William Lipinski (D-IL), Thomas Manton (D-NY), Frank McCloskey (D-IN), Bill McCollum (R-FL), Thomas McMillen (D-MD), Kweisi Mfume (D-MD), Bruce Morrison (D-CT), Stephen Neal (D-NC), Clarence Nelson (D-FL), Mary Oakar (D-OH), Stanford Parris (R-VA), Elizabeth Patterson (D-SC), David Price (D-NC) and 8 more.

More from the sponsor

Other 100th Congress bills sponsored by Rep. Charles Schumer.

Sponsor’s state and district

New York in Congress · NY-10 district

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Data as of Sep 30, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.