12 U.S.C. § 1846
Reservation of rights to States
United States · Title 12 — BANKS AND BANKING · Status: effective
Cite this
- Citation
- 12 U.S.C. § 1846, Reservation of rights to States, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438077
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Full text
No provision of this chapter shall be construed as preventing any State from exercising such powers and jurisdiction which it now has or may hereafter have with respect to companies, banks, bank holding companies, and subsidiaries thereof.
No provision of this chapter shall be construed as affecting the authority of any State or political subdivision of any State to adopt, apply, or administer any tax or method of taxation to any bank, bank holding company, or foreign bank, or any affiliate of any bank, bank holding company, or foreign bank, to the extent that such tax or tax method is otherwise permissible by or under the Constitution of the United States or other Federal law.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.
- Competitive Equality Banking Act of 1987House: no recorded tallySenate: no recorded tally
- Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994House: no recorded tallySenate: 94–4