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United States · Bill · HR

H.R. 6781 (97th)

Residential Mortgage Investment Act of 1982

openUnited States· United States Congress· EN

Introduced

15 July 1982

Last action

28 September 1982 · Committee

Status

Executive Comment Requested from Pension Benefit Guaranty Corporation, IRS, Labor.

Sponsors

Sen. Wyden, Ron [D-OR], Rep. Gephardt, Richard A. [D-MO-3], Rep. Conable, Barber B., Jr. [R-NY-30], Rep. AuCoin, Les [D-OR-1], Rep. Weaver, James H. [D-OR-4], Sen. Daschle, Thomas A. [D-SD], Rep. Evans, Cooper [R-IA-3], Rep. Hyde, Henry J. [R-IL-6], Rep. Napier, John L. [R-SC-6], Rep. Thomas, William M. [R-CA-21], Rep. Evans, Thomas B., Jr. [R-DE-At Large], Rep. Weber, Vin [R-MN-2], Rep. Clausen, Don H. [R-CA-2], Rep. Hartnett, Thomas F. [R-SC-1], Rep. Beard, Robin [R-TN-6], Rep. Frank, Barney [D-MA-4], Rep. Stanton, J. William [R-OH-11], Rep. Moffett, Toby [D-CT-6], Rep. Dicks, Norman D. [D-WA-6], Rep. Holt, Marjorie S. [R-MD-4], Rep. Sabo, Martin Olav [D-MN-5], Rep. Bonker, Don [D-WA-3], Rep. Mattox, James A. [D-TX-5], Rep. Dunn, Jim [R-MI-6], Rep. Benedict, Cleve [R-WV-2], Rep. Jones, James R. [D-OK-1], Rep. Synar, Mike [D-OK-2], Rep. Luken, Thomas A. [D-OH-1], Rep. Eckart, Dennis E. [D-OH-11], Rep. Barnes, Michael D. [D-MD-8], Sen. Dorgan, Byron L. [D-ND], Rep. Duncan, John J. [R-TN-2], Rep. Porter, John Edward [R-IL-10], Rep. Shamansky, Bob [D-OH-12], Rep. Ratchford, William R. [D-CT-5], Rep. Donnelly, Brian J. [D-MA-11], Rep. Stangeland, Arlan [R-MN-7], Rep. Hance, Kent R. [D-TX-19], Rep. Broyhill, James T. [R-NC-10], Rep. Lowry, Mike [D-WA-7], Rep. Ottinger, Richard L. [D-NY-20], Rep. Frost, Martin [D-TX-24], Rep. Lundine, Stanley N. [D-NY-34], Sen. Schumer, Charles E. [D-NY], Rep. Skelton, Ike [D-MO-4], Rep. Anthony, Beryl, Jr. [D-AR-4], Rep. Kennelly, Barbara B. [D-CT-1], Rep. McCurdy, Dave [D-OK-4]

Subjects

Discovery layer

Source updated

23 March 2026

Official sourceView documentsShare

Summary

Residential Mortgage Investment Act of 1982 - Permits employee benefit plans, as defined under this Act, to engage in any qualified mortgage transaction involving any qualified residential mortgage loan, provided transactions between all parties are at arm's length. Permits such plans to participate in any mortgage pool, provided such pool conforms to specified requirements with regard to permitted investments. Authorizes the Secretary of the Treasury to prescribe regulations to carry out this Act. Provides that this Act shall supersede any and all contrary provisions of State law, the Employee Retirement Income Security Act of 1974, and the Internal Revenue Code. Prohibits the imposition of Federal excise tax on a plan or pool that engages in a transaction described under this Act.

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

Timeline

  1. 15 July 1982

    Introduced

    Referred to House Committee on Education and Labor.

    Source: IntroReferral

  2. 15 July 1982

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 15 July 1982

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 23 July 1982

    Referred

    Referred to Subcommittee on Labor-Management Relations.

    Source: Committee

  5. 28 September 1982

    Committee

    Executive Comment Requested from Pension Benefit Guaranty Corporation, IRS, Labor.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

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Sources

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