United States · Bill · HR
H.R. 1179 (98th)
Residential Mortgage Pension Investment Act of 1983
Introduced
2 February 1983
Last action
—
Status
Executive Comment Received From Pension Guaranty Corp.
Sponsors
—
Subjects
Discovery layer
Source updated
23 March 2026
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).
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 2 February 1983
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/98th-congress/house-bill/1179
- Open data entity: https://api.congress.gov/v3/bill/98/hr/1179