Resolution Trust Corporation Completion Act

Summary

Thrift Depositor Protection Act of 1993 - Amends the Federal Home Loan Bank Act and the Federal Deposit Insurance Act to direct the Secretary of the Treasury to provide additional funding to the Resolution Trust Corporation (RTC) and the Savings Association Insurance Fund (SAIF). Amends the latter Act to repeal provisions specifying annual: (1) Treasury payments to maintain SAIF's net worth; and (2) authorization of appropriations through FY 2000.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 16 March 1993

   Introduced

   Referred to the House Committee on Banking, Finance + Urban Affrs.

   Source: IntroReferral

2. 16 March 1993

   Introduced

   Introduced in House

   Source: IntroReferral

3. 16 March 1993

   Introduced

   Introduced in House

   Source: IntroReferral

4. 1 April 1993

   Referred

   Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.

   Source: Committee

5. 29 April 1993

   Committee

   Forwarded by Subcommittee to Full Committee (Amended).

   Source: Committee

6. 29 April 1993

   Committee

   Subcommittee Consideration and Mark-up Session Held.

   Source: Committee

7. 6 May 1993

   Vote

   Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 16.

   Source: Committee

8. 6 May 1993

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

9. 24 May 1993

   Introduced

   Referred sequentially to the House Committee on Judiciary for a period ending not later than June 11, 1993 for consideration of such provisions of the bill and amendments as fall within the jurisdiction of that committee pursuant to clause 1(l), rule X.

   Source: IntroReferral

10. 24 May 1993

    Reported

    Reported (Amended) by the Committee on Banking, Finance + Urban Affrs. H. Rept. 103-103, Part I.

    Source: Committee

11. 24 May 1993

    Reported

    Reported (Amended) by the Committee on Banking, Finance + Urban Affrs. H. Rept. 103-103, Part I.

    Source: Committee

12. 10 June 1993

    Reported

    Ordered to be Reported (Amended).

    Source: Committee

13. 10 June 1993

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

14. 10 June 1993

    Introduced

    House Committee on Judiciary Granted an extension for further consideration ending not later than June 15, 1993.

    Source: IntroReferral

15. 15 June 1993

    Calendars

    Placed on the Union Calendar, Calendar No. 72.

    Source: Calendars

16. 15 June 1993

    Reported

    Reported (Amended) by the Committee on Judiciary. H. Rept. 103-103, Part II.

    Source: Committee

17. 15 June 1993

    Reported

    Reported (Amended) by the Committee on Judiciary. H. Rept. 103-103, Part II.

    Source: Committee

18. 13 September 1993

    Reported

    Rules Committee Resolution H. Res. 250 Reported to House. Rule provides for consideration of H.R. 1340 with 1 hour of general debate. Previous question shall be considered as ordered except motion to recommit. Specified amendments are in order. In lieu of the committee amendments now printed in the bill, it shall be in order to consider as an original bill for the amendment in the nature of a substitute recommended by the Committee on Banking, Finance and Urban Affairs, as modified by the amendments printed in part 1 of H. Rept. 103-237. All points of order against the substitute, as modified, shall be waived. No other amendment shall be in order except the amendments en bloc contained in part 2 of the report. Said en bloc amendments shall be debatable for 30 minutes and not subject to further amendment. After passage of H.R. 1340, it shall be in order to move to take S. 714 from the Speaker's table, strike all after the enacting clause and insert the text of H.R....

    Source: Floor

19. 14 September 1993

    Floor

    Considered under the provisions of rule H. Res. 250. (consideration: CR H6692-6723)

    Source: Floor

20. 14 September 1993

    Floor

    Laid on the table. See S. 714 for further action.

    Source: Floor

21. 14 September 1993

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

22. 14 September 1993

    Passed

    The title of the measure was amended. Agreed to without objection.

    Source: Floor

23. 14 September 1993

    Vote

    On passage Passed by recorded vote: 214 - 208, 1 Present (Roll No. 434).

    Source: Floor

24. 14 September 1993

    Vote

    Passed/agreed to in House: On passage Passed by recorded vote: 214 - 208, 1 Present (Roll No. 434).

    Source: Floor

25. 14 September 1993

    Vote

    On motion to recommit with instructions Failed by recorded vote: 180 - 242, 1 Present (Roll no. 433). (consideration: CR H6721-6723)

    Source: Floor

26. 14 September 1993

    Floor

    The previous question on the motion to recommit with instructions was ordered without objection.

    Source: Floor

27. 14 September 1993

    Floor

    Rule provides for consideration of H.R. 1340 with 1 hour of general debate. Previous question shall be considered as ordered except motion to recommit. Specified amendments are in order. In lieu of the committee amendments now printed in the bill, it shall be in order to consider as an original bill for the purpose of amendment the amendment in the nature of a substitute recommended by the Committee on Banking, Finance and Urban Affairs, as modified by the amendments printed in part 1 of H. Rept. 103-237. All points of order against the substitute, as modified, shall be waived. No other amendment shall be in order except the amendments en bloc contained in part 2 of the report. Said en bloc amendments shall be debatable for 30 minutes and not subject to further amendment. After passage of H.R. 1340, it shall be in order to move to take S. 714 from the Speaker's table, strike all after the enacting clause and inser...

    Source: Floor

28. 14 September 1993

    Floor

    Mr. McCollum moved to recommit with instructions to Banking, Finance + Urban Affrs.

    Source: Floor

29. 14 September 1993

    Passed

    The House adopted the amendment in the nature of a substitute, as modified, as agreed to by the Committee of the Whole House on the state of the Union.

    Source: Floor

30. 14 September 1993

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

31. 14 September 1993

    Floor

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1340.

    Source: Floor

32. 14 September 1993

    Floor

    The Speaker designated the Honorable Benjamin L. Cardin to act as Chairman of the Committee.

    Source: Floor

33. 14 September 1993

    Floor

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 250 and Rule XXIII.

    Source: Floor

34. 14 September 1993

    Passed

    Rule H. Res. 250 passed House.

    Source: Floor

Votes

No vote records are attached yet.

Versions

• Reported in House · 15 June 1993 · Download file
• Introduced in House · 16 March 1993 · Download file

Documents

8 official files

• Passed House amended

  summary · EN · 14 September 1993

  Open at official source

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• Reported in House (text)

  Reported in House · EN · 15 June 1993

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• Reported in House (PDF)

  Reported in House · EN · 15 June 1993

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• Reported to House amended, Part II

  summary · EN · 15 June 1993

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• Reported to House with amendment(s)

  summary · EN · 24 May 1993

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• Introduced in House (text)

  Introduced in House · EN · 16 March 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 16 March 1993

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  Vertaal document

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• Introduced in House

  summary · EN · 16 March 1993

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Sponsors

• Rep. Gonzalez, Henry B. [D-TX-20] · D · Sponsor
• Rep. Leach, James A. [R-IA-2] · R · Sponsor
• Rep. Neal, Stephen L. [D-NC-5] · D · Sponsor
• Rep. Roukema, Marge [R-NJ-5] · R · Sponsor
• Sen. Schumer, Charles E. [D-NY] · D · Sponsor
• Rep. Kennedy, Joseph P., II [D-MA-8] · D · Sponsor
• Rep. Flake, Floyd H. [D-NY-6] · D · Sponsor
• Rep. Frank, Barney [D-MA-4] · D · Sponsor
• · hsju00 · Standing
• · hsba00 · Standing

Related records

• related to → Providing for consideration of the bill (H.R. 1340) to provide funding for the resolution of failed savings associations, and for other purposes.
• related to ← Resolution Trust Corporation Completion Act
• amends ← An amendment comprised of several amendments offered en bloc to extend the authority of the RTC which is set to end on Oct. 1, 1993, for 18 months, until Apr. 1, 1995 in order to permit the RTC to have time to use the funds released in the bill to complete its assigned mission; to reduce the SAIF authorization in the bill for lost funds to $8 billion, compared to the $16 billion in the bill; to make the provisions of the bill pertaining to affordable housing and minority preference budget neutral by making the affordable housing provisions subject to appropriations (and thus under discretionary spending caps) and by subjecting the women and minority preference provisions to competitive contracting procedures.