HR 4735
102th Congress
House
Economics and Public Finance
Advertising
Bank failures
Finance and Financial Sector
Government corporations
Government securities
Marketing
Public debt
Resolution Trust Corporation
Saving and investment
Taxpayers
Citizens Restitution Bond Act
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 15, 1992
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Apr 1, 1992
Referred to the House Committee on Ways and Means.
Apr 1, 1992
Referred to the House Committee on Banking, Finance + Urban Affrs.
Apr 1, 1992
Introduced in House
Plain-English summary
Citizens Restitution Bond Act - Amends Federal law relating to the public debt to direct the Secretary of the Treasury to issue citizen restitution bonds to: (1) make restitution to the American taxpayer; (2) increase national savings; and (3) provide funds to the Resolution Trust Corporation with any surplus dedicated to reducing the national debt. Sets forth implementation guidelines.
What's happening now
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.