This amendment would delete the existing statutory language directing the Depository Institutions Deregulation Committee ("DIDC") to meet quarterly. Most of the DIDC's objectives of phasing out interest rate ceilings have already been accomplished and there is a schedule in place to eliminate those that remain. Even after the quarterly meeting directive is deleted, the DIDC could meet to deal with a particular problem or adjust its phaseout schedule to address economic conditions if necessary.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

Amendment SP 4097 agreed to in Senate by Voice Vote.

Records

Official amendment SAMDT 4097 (98th) from United States at United States Congress. Status: Amendment SP 4097 agreed to in Senate by Voice Vote..

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