S 2918
97th Congress
Senate
Labor and Employment
Employee benefit plans
Federal preemption
Housing and Community Development
Housing and Housing Finance
Mortgages
Real estate investment
State laws
States
Residential Mortgage Investment Act of 1982
Introduced: September 16, 1982
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 27, 1982
Committee on Labor and Human Resources requested executive comment from Labor Department; OMB.
Sep 27, 1982
Committee on Finance requested executive comment from OMB; Treasury Department; Labor Department.
Sep 27, 1982
Committee on Labor and Human Resources, referred to Subcommittee on Labor.
Sep 27, 1982
Committee on Finance; Subcommittee on Savings, Pensions, and Investment. Hearings held.
Sep 16, 1982
Read twice and referred jointly to the Committees on Finance; Labor and Human Resources by unanimous consent.
Sep 16, 1982
Introduced in Senate
Plain-English summary
Residential Mortgage Investment Act of 1982 - Exempts any qualified mortgage transaction at arms-length engaged in by an employee benefit plan from specified prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code. Provides that such exemption shall supersede any and all State laws as they relate to qualified mortgage transactions to the extent engaged in by employee benefit plans.
What's happening now
Committee on Labor and Human Resources requested executive comment from Labor Department; OMB.
Cosponsors
1