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United States · Bill · HR

H.R. 3422 (102nd)

Resolution Trust Corporation Reform and Accountability Act of 1991

referredUnited States· United States Congress· EN

Introduced

26 September 1991

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Resolution Trust Corporation Reform and Accountability Act of 1991 - Amends the Federal Home Loan Bank Act to direct the Secretary of the Treasury to provide specified additional funding to the Resolution Trust Corporation (RTC). Suspends RTC funding upon failure to provide certain financial statements. Limits RTC legal services payments. Prohibits RTC employment of certain former savings association directors and officers. Repeals the provision permitting the use of brokered deposits for certain conservatorships. Directs the General Accounting Office to conduct an RTC privatization study.

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Documents

2 official files

Introduced in House (text)

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