Adds a new subsection (c) providing that if a State adopts a law or certifies voter approval stating the State does not want subsection (a) to apply to loans by institutions chartered by that State, then subsection (a) will not apply to loans made by (or committed to be made by) such institutions after the adoption or certification date.

Adds a new paragraph (3) to section 205(g) providing that if a State adopts a law or certifies voter approval stating the State does not want that subsection to apply to loans by institutions chartered by that State, then paragraph (1) shall not apply to loans made by (or committed to be made by) such institutions after the adoption or certification date.

Repeals section 525 of the Depository Institutions Deregulation and Monetary Control Act of 1980 (codified at 12 U.S.C. 1730g).