HR 1135
102th Congress
House
Taxation
Bank failures
Business losses
Income tax
Savings and loan associations
Tax deductions
To amend the Internal Revenue Code of 1986 to clarify the treatment of certain Federal financial assistance provided to savings and loan institutions.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 1992
Committee Hearings Held.
Feb 27, 1991
Introduced in House
Feb 27, 1991
Referred to the House Committee on Ways and Means.
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Plain-English summary
Requires that, except in specified instances, Federal financial assistance be taken into account when determining losses or bad debts of savings and loans institutions (thus denying income tax deductions for losses or bad debts to the extent Federal assistance has compensated for them).
What's happening now
Committee Hearings Held.
Bill text
1 version
- Introduced in House Formatted Text
Committees of jurisdiction
1
Cosponsors
3
Cite this page
U.S. Congress. (2026). H.R. 1135: To amend the Internal Revenue Code of 1986 to clarify the treatment of certain Federal financial assistance provided to savings and loan institutions.. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-1135/
"H.R. 1135: To amend the Internal Revenue Code of 1986 to clarify the treatment of certain Federal financial assistance provided to savings and loan institutions.." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-1135/.
H.R. 1135, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-1135/.
[H.R. 1135: To amend the Internal Revenue Code of 1986 to clarify the treatment of certain Federal financial assistance provided to savings and loan institutions.](https://openamerica.io/bill/102-HR-1135/)