United States · Bill · HR
H.R. 5432 (100th)
Federal Savings and Loan Insurance Corporation Recapitalization Amendments of 1988
Introduced
30 September 1988
Last action
—
Status
Ordered to be Reported (Amended).
Sponsors
—
Subjects
Discovery layer
Source updated
28 August 2025
Summary
Federal Savings and Loan Insurance Corporaton Recapitalization Amendments of 1988 - Amends the Federal Home Loan Bank Act to increase the limitation on outstanding obligations of the Financing Corporation. Repeals the annual limitation on net new borrowing by the Corporation after its first year. Amends the National Housing Act to limit the aggregate outstanding balance on promissory notes issued by the Federal Savings and Loan Insurance Corporation (FSLIC). Expresses the sense of the Congress that the Federal Home Loan Bank Board should rely primarily on raising funds through the Financing Corporation to provide assistance through the FSLIC to resolve cases of failed or failing thrift institutions.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 30 September 1988
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/100th-congress/house-bill/5432
- Open data entity: https://api.congress.gov/v3/bill/100/hr/5432