HR 797
101th Congress
House
Finance and Financial Sector
Bank holding companies
Deposit insurance
Executive reorganization
Federal home loan banks
Government corporations
Regulatory reform
Savings and loan associations
Federal Deposit Insurance Reform Act of 1989
Introduced: February 2, 1989
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 15, 1989
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Feb 2, 1989
Referred to the House Committee on Banking, Finance + Urban Affrs.
Feb 2, 1989
Introduced in House
Plain-English summary
Federal Deposit Insurance Reform Act of 1989 - Amends the National Housing Act to remove the Federal Savings and Loan Insurance Corporation (FSLIC) from the Federal Home Loan Bank Board (FHLBB). Places the FSLIC under the direction of the Federal Deposit Insurance Corporation (FDIC). Specifies that all functions and activities of the FSLIC relating to the regulation of savings and loan holding companies shall be transferred to the FHLBB.
Expands the membership of the FDIC Board of Directors to include the Chairman of the Federal Home Loan Bank Board and an additional public member.
What's happening now
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Committees of jurisdiction
2
Cosponsors
1