United States · Amendment · HAMDT

HAMDT 57 (101st)

An amendment comprised of five separate amendments to do the following: Require uniform personnel policies for the federal agencies covered by the bill; give the Farm Credit Administration the authority to adopt the same hiring, pay, and benefit practices as federal bank regulatory agencies; make a technical correction in a provision relating to Federal Deposit Insurance Corporation hearing procedures; strike the bill's moratorium on the FDIC's issuing the "pass through" insurance on bank deposits by pension plans and require a study of the issue; and, index the $300 million annual contribution the 12 Federal Home Loan Banks must make to defer the interest costs on REFCORP bonds to either inflation or the growth in bank earnings (whichever is less), but cap the total required contribution to $600 million a year.