Amendment97th Congress
An amendment to strike all after the enacting clause and substitute new language in the bill. This substitute would authorize the Federal Savings and Loan Insurance Corporation to issue promissory notes to qualifying institutions. The notes would be treated as assets on the accounts of the institution. Any payment would come form the FSLIC insurance fund or from their line of credit with the Treasury. The bill sets out criteria for qualifying for the promissory notes.
- Amendment Number
- 543
- Description
- An amendment to strike all after the enacting clause and substitute new language in the bill. This substitute would authorize the Federal Savings and Loan Insurance Corporation to issue promissory notes to qualifying institutions. The notes would be treated as assets on the accounts of the institution. Any payment would come form the FSLIC insurance fund or from their line of credit with the Treasury. The bill sets out criteria for qualifying for the promissory notes.
- Purpose
- An amendment to strike all after the enacting clause and substitute new language in the bill. This substitute would authorize the Federal Savings and Loan Insurance Corporation to issue promissory notes to qualifying institutions. The notes would be treated as assets on the accounts of the institution. Any payment would come form the FSLIC insurance fund or from their line of credit with the Treasury. The bill sets out criteria for qualifying for the promissory notes.
- Congress
- 97
- Type
- HAMDT
- Latest Action Date
- May 20, 1982
- Latest Action Text
- Amendment Failed of Passage in Committee of Whole by Recorded Vote: 155 - 209 (Record Vote No: 91).
- Submitted Date
- May 20, 1982
- Chamber
- House of Representatives
- Update Date
- Aug 14, 2021