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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.

Introduced: February 27, 1991 See on congress.gov
This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) 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
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 Congressional Research Service

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 February 11, 1992

Committee Hearings Held.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
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/
MLA
"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/.
Bluebook (legal)
H.R. 1135, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-1135/.
Markdown link
[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/)
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