US HB1900

Requires the Federal Reserve Board to notify applicants within 30 days whether their acquisition application is complete or specify what additional information is needed, with a possible 30-day extension for complex applications

Mandates that regulators grant or deny applications for bank holding company acquisitions, savings and loan holding company acquisitions, and bank mergers within 90 days of initial submission, regardless of record completeness

Applications not acted upon within the 90-day deadline are automatically deemed approved, with applicants able to request a single 30-day extension

Prohibits regulators from considering third-party information (including reports, views, or recommendations) when determining whether an application record is complete

Amends the Bank Holding Company Act of 1956, the Home Owners' Loan Act, and the Federal Deposit Insurance Act to apply these requirements across multiple types of depository institution transactions