HR 1179
98th Congress
House
Labor and Employment
Employee benefit plans
Housing and Community Development
Housing and Housing Finance
Housing finance
Mortgages
Real estate investment
Residential Mortgage Pension Investment Act of 1983
Introduced: February 2, 1983
See on congress.gov
Everywhere this bill has been
7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 30, 1984
Executive Comment Received From Pension Guaranty Corp.
Mar 27, 1984
Subcommittee Hearings Held.
Mar 23, 1984
Executive Comment Requested from Pension Guaranty Corp, Labor, IRS.
Feb 15, 1983
Referred to Subcommittee on Labor-Management Relations.
Feb 2, 1983
Referred to House Committee on Ways and Means.
Feb 2, 1983
Referred to House Committee on Education and Labor.
Feb 2, 1983
Introduced in House
Plain-English summary
Residential Mortgage Pension Investment Act of 1983 - Amends the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code to exempt from specified prohibited transaction provisions any qualified mortgage transaction engaged in by an employee benefit plan, provided such transaction is at "arm's length" (i.e. if the terms of the transaction are at least as favorable to the plan as those of similar transactions involving unrelated parties).
What's happening now
Executive Comment Received From Pension Guaranty Corp.
Committees of jurisdiction
3
Cosponsors
1