Amendment sought to allow the FDIC or the Office of Thrift Supervision to take into consideration "supervisory goodwill" when determining capital requirements of individual federal savings and loans institutions. Institutions making a claim for the inclusion of "supervisory goodwill" would have been granted a hearing with the appropriate Federal banking agency to determine the merits of the claim.

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Amendment Number
59
Description
Amendment sought to allow the FDIC or the Office of Thrift Supervision to take into consideration "supervisory goodwill" when determining capital requirements of individual federal savings and loans institutions. Institutions making a claim for the inclusion of "supervisory goodwill" would have been granted a hearing with the appropriate Federal banking agency to determine the merits of the claim.
Purpose
An amendment to authorize the FDIC or the Office of Thrift Supervision to determine on a case-by-case basis whether or not the supervisory goodwill of a savings and loan institution is based on a valid contract with the government and may, therefore, continue to be counted toward the thrift's capital requirements.
Congress
101
Type
HAMDT
Latest Action Date
Jun 15, 1989
Latest Action Text
On agreeing to the Hyde amendment (A003) Failed by recorded vote: 94 - 326 (Roll no. 87).
Latest Action Time
13:37:19
Submitted Date
Jun 15, 1989
Chamber
House of Representatives
Update Date
Jul 10, 2021
Amendment 59 — Informed