United States · Bill · HR
H.R. 492 (100th)
Reckless Risk Recovery Act of 1987
Introduced
7 January 1987
Last action
7 January 1987 · Introduced
Status
Referred to House Committee on Ways and Means.
Sponsors
Rep. Jacobs, Andrew, Jr. [D-IN-11]
Subjects
Taxation
Source updated
28 August 2025
Summary
Reckless Risk Recovery Act of 1987 - Amends the Internal Revenue Code to impose an excise tax on financial institutions which have outstanding loans to foreign governments which are insolvent and which have received funds from the United States since they became insolvent.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
7 January 1987
Introduced
Referred to House Committee on Ways and Means.
Source: IntroReferral
7 January 1987
Introduced
Introduced in House
Source: IntroReferral
7 January 1987
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
1 official file
Introduced in House
summary · EN · 7 January 1987
Sponsors
- Rep. Jacobs, Andrew, Jr. [D-IN-11] · D · Sponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/100th-congress/house-bill/492
- Open data entity: https://api.congress.gov/v3/bill/100/hr/492
- us · 100-hr-492 · source updated 28 August 2025