Skip to main content
HR 5247 101th Congress House

Savings and Loan Asset Recovery Act

Official title: To authorize civil actions for certain violations involving depository institutions.

Introduced: July 11, 1990 See on congress.gov
Finance and Financial Sector Bank directorsBank employeesBank failuresBank records
More subjectsShow fewer subjects
BriberyCivil actions and liabilityDeposit insuranceEmbezzlementFines (Penalties)FraudLarcenyPostal crimesSavings and loan associations
Sign in to write a letter Sign in to watch
This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 1990
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Jul 11, 1990
Referred to the House Committee on Banking, Finance + Urban Affrs.
Jul 11, 1990
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action August 1, 1990

Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

 Plain-English summary Congressional Research Service

Savings and Loan Asset Recovery Act - Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to allow a person to bring a civil action for a violation with respect to a federally insured financial institution in the same manner and subject to the same procedures as a person may bring an action under Federal law with respect to civil actions for false claims.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2
D
Pelosi, Nancy
California · Aug 2, 1990
 D
Mfume, Kweisi
Maryland · Jul 11, 1990
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5247: Savings and Loan Asset Recovery Act. 101st Congress. Open America. https://openamerica.io/bill/101-HR-5247/
MLA
"H.R. 5247: Savings and Loan Asset Recovery Act." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-5247/.
Bluebook (legal)
H.R. 5247, 101st Cong. (2026), https://openamerica.io/bill/101-HR-5247/.
Markdown link
[H.R. 5247: Savings and Loan Asset Recovery Act](https://openamerica.io/bill/101-HR-5247/)
Report a problem