Amendment100th Congress
An amendment to instruct the FSLIC to use forebearance in closing all minority-owned institutions, not just those which have made loans in areas adversely affected by the energy and agricultural economies, if such institutions otherwise meet forebearance standards established in the bill. The amendment also directs the Treasury Department to develop a program to expand the use of minority-owned savings institutions through the deposit of federal funds.
- Amendment Number
- 71
- Description
- An amendment to instruct the FSLIC to use forebearance in closing all minority-owned institutions, not just those which have made loans in areas adversely affected by the energy and agricultural economies, if such institutions otherwise meet forebearance standards established in the bill. The amendment also directs the Treasury Department to develop a program to expand the use of minority-owned savings institutions through the deposit of federal funds.
- Congress
- 100
- Type
- HAMDT
- Latest Action Date
- May 5, 1987
- Latest Action Text
- Amendment Passed in Committee of the Whole by Voice Vote.
- Submitted Date
- May 5, 1987
- Chamber
- House of Representatives
- Update Date
- Aug 14, 2021