An amendment in the nature of a substitute providing $20 billion to restructure the Resolution Trust Corporation, streamline management, and to provide for environmentally sensitive properties.

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Amendment Number
432
Description
An amendment in the nature of a substitute providing $20 billion to restructure the Resolution Trust Corporation, streamline management, and to provide for environmentally sensitive properties.
Purpose
Amendment in the nature of a substitute sought to authorize $20 billion in funding for the Resolution Trust Corporation (RTC); make the RTC more efficient, accountable, and flexible; improve the operation of the RTC affordable housing program; and provide flexibility in the property disposition program.
Congress
102
Type
HAMDT
Latest Action Date
Nov 27, 1991
Latest Action Text
On agreeing to the Banking, Finance + Urban Affrs amendment Failed by voice vote.
Latest Action Time
13:46:23
Submitted Date
Nov 27, 1991
Chamber
House of Representatives
Update Date
Jul 10, 2021
Amendment 432 — Informed