Amendment provided for civil monetary penalties of up to $1 million a day for violations of specified criminal statutes by financial institutions.

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Amendment Number
61
Description
Amendment provided for civil monetary penalties of up to $1 million a day for violations of specified criminal statutes by financial institutions.
Purpose
An amendment to restore the Banking Committee provision of the bill, which authorizes civil penalties of up to $1 million a day for certain criminal offenses involving financial institutions.
Congress
101
Type
HAMDT
Latest Action Date
Jun 15, 1989
Latest Action Text
On agreeing to the Annunzio amendment (A005) Agreed to by recorded vote: 382 - 41 (Roll no. 88).
Latest Action Time
15:32:03
Submitted Date
Jun 15, 1989
Chamber
House of Representatives
Update Date
Jul 10, 2021
Amendment 61 — Informed