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HR 1418 98th Congress House Labor and Employment Employee benefit plans Federally-assisted loans Federally-guaranteed loans Housing and Community Development Housing and Housing Finance Housing finance Mortgages Real estate investment

Residential Mortgage Investment Act of 1983

Introduced: February 10, 1983 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
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This bill died when the 98th Congress ended
It never became law before the 98th Congress (1983–1984) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 9, 1983
Referred to Subcommittee on Labor-Management Relations.
Feb 10, 1983
Referred to House Committee on Ways and Means.
Feb 10, 1983
Referred to House Committee on Education and Labor.
Feb 10, 1983
Introduced in House
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 Plain-English summary Congressional Research Service

Residential Mortgage 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: (1) any qualified mortgage transaction engaged in by an employee benefit plan provided only that such transaction received the prior approval of an independent fiduciary; and (2) purchase, retention, or sale by an employee benefit plan of interests in Federal or State government-guaranteed residential mortgage loans.

What's happening now March 9, 1983

Referred to Subcommittee on Labor-Management Relations.

 Committees of jurisdiction 3
 Cosponsors 2
All 2 Democratic 2
D
Durbin, Richard J.
Illinois · Mar 8, 1983
 D
Schumer, Charles E.
New York · Mar 8, 1983
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1418: Residential Mortgage Investment Act of 1983. 98th Congress. Open America. https://openamerica.io/bill/98-HR-1418/
MLA
"H.R. 1418: Residential Mortgage Investment Act of 1983." 98th Congress, 2026, Open America, https://openamerica.io/bill/98-HR-1418/.
Bluebook (legal)
H.R. 1418, 98th Cong. (2026), https://openamerica.io/bill/98-HR-1418/.
Markdown link
[H.R. 1418: Residential Mortgage Investment Act of 1983](https://openamerica.io/bill/98-HR-1418/)
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