United States · Bill · HR
H.R. 2747 (101st)
Foreign Debt Safety and Soundness Act of 1989
Introduced
23 June 1989
Last action
—
Status
Referred to the Subcommittee on International Development, Finance, Trade, and Monetary Policy.
Sponsors
—
Subjects
Discovery layer
Source updated
26 August 2025
Summary
Foreign Debt Safety and Soundness Act of 1989 - Amends the International Lending Supervision Act of 1983 to direct Federal banking agencies to require a banking institution to maintain a special reserve against possible future losses on loans to a foreign sovereign borrower whose repayments are either in arrears or have been rescheduled at the borrower's request. Establishes a minimum reserve amount and sets forth circumstances under which a Federal banking agency may waive such reserve requirements.
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Documents
2 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 23 June 1989
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/101st-congress/house-bill/2747
- Open data entity: https://api.congress.gov/v3/bill/101/hr/2747