United States · Bill · HR
H.R. 1121 (105th)
Financial Freedom Act of 1997
Introduced
19 March 1997
Last action
28 March 1997 · Referred
Status
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Sponsors
Rep. Paul, Ron [R-TX-14], Sen. Graham, Lindsey [R-SC], Rep. Weldon, Dave [R-FL-15], Rep. Bachus, Spencer [R-AL-6], Rep. Cook, Merrill [R-UT-2], Rep. Barr, Bob [R-GA-7], Rep. Norwood, Charles W. [R-GA-9], Sen. Chambliss, Saxby [R-GA], Rep. Redmond, Bill [R-NM-3], Rep. Smith, Nick [R-MI-7]
Subjects
Taxation
Source updated
21 August 2025
Summary
Financial Freedom Act of 1997 - Amends the Federal Credit Union Act to limit Federal credit union membership to one or more groups each of which has a common bond within such group. Repeals the Community Reinvestment Act of 1977. Amends the Internal Revenue Code to reduce the corporate tax rate for qualified community lenders.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
19 March 1997
Introduced
Referred to House Banking and Financial Services
Source: IntroReferral
19 March 1997
Introduced
Referred to the Committee on Banking and Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
19 March 1997
Introduced
Introduced in House
Source: IntroReferral
19 March 1997
Introduced
Introduced in House
Source: IntroReferral
28 March 1997
Referred
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 19 March 1997 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 19 March 1997
Introduced in House (PDF)
Introduced in House · EN · 19 March 1997
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Introduced in House
summary · EN · 19 March 1997
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Paul, Ron [R-TX-14] · R · Sponsor
- Sen. Graham, Lindsey [R-SC] · R · Cosponsor
- Rep. Weldon, Dave [R-FL-15] · R · Cosponsor
- Rep. Bachus, Spencer [R-AL-6] · R · Cosponsor
- Rep. Cook, Merrill [R-UT-2] · R · Cosponsor
- Rep. Barr, Bob [R-GA-7] · R · Cosponsor
- Rep. Norwood, Charles W. [R-GA-9] · R · Cosponsor
- Sen. Chambliss, Saxby [R-GA] · R · Cosponsor
- Rep. Redmond, Bill [R-NM-3] · R · Cosponsor
- Rep. Smith, Nick [R-MI-7] · R · Cosponsor
- · hsba00 · Standing
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/105th-congress/house-bill/1121
- Open data entity: https://api.congress.gov/v3/bill/105/hr/1121
- us · 105-hr-1121 · source updated 21 August 2025