Resolution Trust Corporation Assets Disposal Act of 1989

Summary

Resolution Trust Corporation Assets Disposal Act of 1989 - Amends the Federal Home Loan Bank Act to outline the strategies the Resolution Trust Corporation must use in disposing of assets located in economically distressed areas. Amends the Internal Revenue Code to exclude from the gross income of individuals dividends received from qualified savings and loan real estate investment trusts whose sole purpose is the acquisition of multifamily housing projects from the Resolution Trust Corporation or the FSLIC Resolution Fund. Modifies the restrictions placed upon corporate deductions for dividends received from a qualified savings and loan real estate investment trust.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 November 1989

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.