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United States · Bill · HR

H.R. 4363 (98th)

Federal Industrial Mortgage Association Act

openUnited States· United States Congress· EN

Introduced

10 November 1983

Last action

—

Status

Subcommittee Hearings Held.

Sponsors

—

Subjects

Discovery layer

Source updated

29 August 2025

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Summary

Federal Industrial Mortgage Association Act - Establishes a corporation to be known as the Federal Industrial Mortgage Association. Authorizes the Corporation to purchase, and to make commitments to purchase, industrial mortgages from any qualified financial institution. Authorizes the Corporation to set priorities regarding the types of industrial mortgages to be purchased. Requires the operations of the Corporation to be confined to industrial mortgages that meet specified criteria. Sets forth the criteria for the purchase of industrial mortgages. Provides the Corporation with $100,000,000 of capital stock. Authorizes appropriations for FY 1984.

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1 official file

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