A bill to establish a commission to be known as the National Thrift Institutions Commission.

Summary

Establishes the National Thrift Institutions Commission. Requires the Commission to conduct a continuing study, investigation, and review of: (1) the stability of the Federal Savings and Loan Insurance Corporation (FSLIC); (2) the recapitalization plan of the FSLIC as enacted by the Competitive Equality Banking Act of 1987; and (3) the stability of the thrift industry as a separately regulated industry. Requires the Commission to make specific recommendations regarding: (1) methods to improve the stability of the FSLIC; and (2) methods to enhance the capital adequacy and overall stability of the thrift industry. Requires the Commission to submit a final report to the President and the Congress on April 1, 1989. Authorizes the President to extend the date for the submission of such report to May 1, 1989. Limits the total expenses of the Commission. Terminates the Commission 30 days after submission of its final report.

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1 official file

• Introduced in House

  summary · EN · 22 June 1988

  Open at official source

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