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
—
Status
Read twice and referred to the Committee on Banking.
Sponsors
—
Subjects
Discovery layer
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
No timeline events have been ingested for this record yet.
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
1 official file
Introduced in Senate
summary · EN · 26 April 1985
Sponsors
No sponsors or actors listed by the source.
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