Resolution Trust Corporation Funding Act of 1993

Summary

Resolution Trust Corporation Funding Act of 1993 - Amends the Federal Home Loan Bank Act to: (1) repeal the termination of the mandate for specified additional funding for the Resolution Trust Corporation (RTC); and (2) specify that the additional interim funding (already authorized) which the Secretary of the Treasury must provide to the RTC must come out of any money in the Treasury not otherwise appropriated. Directs the Secretary, at the President's request, to provide until April 1, 1994, further additional funds of up to $10 billion to the RTC out of any money in the Treasury not otherwise appropriated to it. Expresses the sense of the Congress that the Secretary shall begin to take necessary measures to implement the requirements of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 regarding the capitalization of the Savings Association Insurance Fund.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 5 January 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 5 January 1993

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• Introduced in House

  summary · EN · 5 January 1993

  Open at official source

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