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HR 745 102th Congress House Finance and Financial Sector Bank failures Civil actions and liability Executive reorganization Government service contracts Law firms Legal fees Legal services Savings and loan associations Trusts and trustees

Savings and Loan Bounty Hunter Act

Introduced: January 30, 1991 See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 16, 1991
Referred to the Subcommittee on Administrative Law and Governmental Relations.
Feb 15, 1991
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Jan 30, 1991
Referred to the House Committee on Judiciary.
Jan 30, 1991
Referred to the House Committee on Banking, Finance + Urban Affrs.
Jan 30, 1991
Introduced in House
 Plain-English summary Congressional Research Service

Savings and Loan Bounty Hunter Act - Establishes the Savings and Loan Asset Recovery Board to provide for the establishment of partnerships to recover on a contingent fee basis assets of savings associations in Federal receivership. Sets forth operating guidelines.

Outlines the terms of a cooperative agreement under which a partnership must operate with the Attorney General, the Board of Directors of the Federal Deposit Insurance Corporation, the Oversight Board, and the Board of Directors of the Resolution Trust Corporation.

Empowers a partnership to bring a civil action against the Attorney General, the Federal Deposit Insurance Corporation, or the Resolution Trust Corporation to compel production of information necessary to carry out the purposes of this Act. Subjects such action to judicial review.

What's happening now April 16, 1991

Referred to the Subcommittee on Administrative Law and Governmental Relations.

 Committees of jurisdiction 4
 Cosponsors 2
All 2 Democratic 2