United States · Bill · HR
H.R. 1418 (98th)
Residential Mortgage Investment Act of 1983
Introduced
10 February 1983
Last action
—
Status
Referred to Subcommittee on Labor-Management Relations.
Sponsors
—
Subjects
Discovery layer
Source updated
23 March 2026
Summary
Residential Mortgage 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: (1) any qualified mortgage transaction engaged in by an employee benefit plan provided only that such transaction received the prior approval of an independent fiduciary; and (2) purchase, retention, or sale by an employee benefit plan of interests in Federal or State government-guaranteed residential mortgage loans.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 10 February 1983
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/98th-congress/house-bill/1418
- Open data entity: https://api.congress.gov/v3/bill/98/hr/1418