United States · Bill · S
S. 1016 (99th)
A bill to amend the Federal Deposit Insurance Act and the National Housing Act with respect to junk bonds.
Introduced
26 April 1985
Last action
26 April 1985 · Introduced
Status
Read twice and referred to the Committee on Banking.
Sponsors
Sen. Proxmire, William [D-WI], Sen. Heinz, John [R-PA], Sen. Glenn, John H., Jr. [D-OH]
Subjects
Housing
Source updated
14 January 2025
Summary
Amends the Federal Deposit Insurance Act and the National Housing Act to prohibit any federally insured depository institution from investing in debt securities not rated in one of the four highest rating categories by a nationally recognized statistical rating organization.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
26 April 1985
Introduced
Read twice and referred to the Committee on Banking.
Source: IntroReferral
26 April 1985
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
1 official file
Leesvertaling
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Introduced in Senate
summary · EN · 26 April 1985
Sponsors
- Sen. Proxmire, William [D-WI] · D · Sponsor
- Sen. Heinz, John [R-PA] · R · Sponsor
- Sen. Glenn, John H., Jr. [D-OH] · D · Cosponsor
- · ssbk00 · 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/99th-congress/senate-bill/1016
- Open data entity: https://api.congress.gov/v3/bill/99/s/1016
- us · 99-s-1016 · source updated 14 January 2025