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United States · Bill · S

S. 2319 (101st)

A bill to amend the Federal Deposit Insurance Act and the Federal Credit Union Act to protect the deposit insurance funds, to limit the depository institutions, credit unions, and other mortgage lenders acquiring real property through foreclosure or similar means, or in a fiduciary capacity, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

22 March 1990

Last action

22 March 1990 · Introduced

Status

Read twice and referred to the Committee on Environment and Public Works.

Sponsors

Sen. Garn, E. J. (Jake) [R-UT], Sen. Shelby, Richard C. [R-AL], Sen. Hollings, Ernest F. [D-SC], Sen. Boren, David L. [D-OK], Sen. Grassley, Chuck [R-IA], Sen. Lott, Trent [R-MS], Sen. Symms, Steven D. [R-ID], Sen. Cochran, Thad [R-MS], Sen. Hatfield, Mark O. [R-OR], Sen. Gramm, Phil [R-TX], Sen. Helms, Jesse [R-NC], Sen. Burns, Conrad R. [R-MT], Sen. Dole, Robert J. [R-KS], Sen. Exon, J. James [D-NE], Sen. McClure, James A. [R-ID], Sen. Nickles, Don [R-OK], Sen. Wallop, Malcolm [R-WY], Sen. Sasser, Jim [D-TN], Sen. D'Amato, Alfonse [R-NY], Sen. Johnston, J. Bennett [D-LA], Sen. Murkowski, Frank H. [R-AK], Sen. Kassebaum, Nancy Landon [R-KS], Sen. Hatch, Orrin G. [R-UT], Sen. Inouye, Daniel K. [D-HI], Sen. Bond, Christopher S. [R-MO], Sen. Bryan, Richard H. [D-NV]

Subjects

Environment

Source updated

14 January 2025

Environment

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Summary

Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to cite conditions under which depository institutions, mortgage lenders, and insured credit unions are not liable under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (Superfund) with respect to property acquired either through foreclosure or in a fiduciary capacity. Confers immunity from Superfund liability upon certain banking regulatory agencies and the National Credit Union Administration Board for properties acquired in connection with: (1) the exercise of receivership or conservatorship authority; and (2) the provision of loans and other financial assistance.

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

Timeline

  1. 22 March 1990

    Introduced

    Read twice and referred to the Committee on Environment and Public Works.

    Source: IntroReferral

  2. 22 March 1990

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate

    summary · EN · 22 March 1990

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

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Sources

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