Amendment sought to prohibit the use of Federal funds by the Resolution Trust Corporation unless the Thrift Depositor Protection Board complies with legal requirements that it testify on certain RTC operations before the House and Senate Banking Committees. \ A point of order was sustained against the amendment on the grounds that it went beyond the scope of the bill and was not germane to the bill in violation of rule XVI.

Ask AI
Amendment Number
781
Description
Amendment sought to prohibit the use of Federal funds by the Resolution Trust Corporation unless the Thrift Depositor Protection Board complies with legal requirements that it testify on certain RTC operations before the House and Senate Banking Committees. \ A point of order was sustained against the amendment on the grounds that it went beyond the scope of the bill and was not germane to the bill in violation of rule XVI.
Purpose
An amendment which prohibits the use of federal funds by the RTC unless the Thrift Depositor Protection Board complies with legal requirements that it testify on certain RTC operations before the House and Senate Banking Committees.
Congress
103
Type
HAMDT
Latest Action Date
Jul 22, 1994
Latest Action Text
Mr. Gonzalez raised a point of order against the Bachus (AL) amendment (A007). Mr. Gonzalez stated that the provisions of the amendment exceed the scope of the bill and do not meet the test for germaneness required by the rules of the House. The Chair sustained the point of order.
Latest Action Time
12:59:51
Submitted Date
Jul 22, 1994
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 781 — Informed