HR 3398
101th Congress
House
International Affairs
American economic assistance
Credit unions
Free enterprise
Hungary
Poland
To encourage United States assistance for the development and capitalization of cooperative credit unions in Poland and Hungary.
Introduced: October 3, 1989
See on congress.gov
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 19, 1989
See H.R.3402.
Oct 16, 1989
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Oct 3, 1989
Referred to the House Committee on Foreign Affairs.
Oct 3, 1989
Referred to the House Committee on Banking, Finance + Urban Affrs.
Oct 3, 1989
Introduced in House
Plain-English summary
Requires the Polish-American and Hungarian-American Enterprise Funds (established pursuant to legislation to support private sector development in Poland and Hungary) to use specified amounts of funding to support the development of indigenous credit unions in Poland and Hungary.
Declares that it is U.S. policy to allow U.S. persons and financial institutions to provide financial and technical assistance to credit unions in Poland and Hungary to the extent that, in the case of federally insured depository institutions, such assistance is prudent and consistent with safe and sound banking practice.
What's happening now
See H.R.3402.
Cosponsors
1