HOME MORTGAGE DISCLOSURE ACT.

SEC. 224. HOME MORTGAGE DISCLOSURE ACT. (a) In General.— Section 309 of the Home Mortgage Disclosure Act (12 U.S.C. 2808) is amended— (1) by striking “depository” before “institution”; (2) by inserting “specified in section 303(2)(A)” after “institution”; and (3) by adding at the end the following: “The Board, in consultation with the Secretary, may exempt institutions described in section 303(2)(B) that are comparable within their respective industries to institutions that are exempt under the preceding sentence.”. (b) Effective Date.— This section shall become effective on January 1, 1992.