United States · Bill · S
S. 2153 (102nd)
A bill to authorize guarantees of loans to finance purchases of Resolution Trust Corporation property.
Introduced
23 January 1992
Last action
—
Status
Read twice and referred to the Committee on Banking.
Sponsors
—
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Authorizes the Resolution Trust Corporation (RTC) to guarantee the timely payment of principal and interest on loans made by qualified lenders to finance the purchase of commercial and residential property held by it. Limits the aggregate obligation under such guarantees to 85 percent of the outstanding principal amount of the loan. Authorizes the RTC to prescribe fees to cover the administrative costs incurred in providing such guarantees. Authorizes appropriations.
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Timeline
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Votes
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Versions
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Documents
2 official files
Introduced in Senate (text)
Introduced in Senate · EN
Introduced in Senate
summary · EN · 23 January 1992
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/102nd-congress/senate-bill/2153
- Open data entity: https://api.congress.gov/v3/bill/102/s/2153