A bill to establish a National Commission on the Thrift Industry.

Summary

Establishes the National Commission on the Thrift Industry. Requires the Commission to conduct an investigation and evaluation of, and to report and make recommendations on: (1) the current and future financial condition of the Federal Savings and Loan Insurance Corporation (FSLIC) and its ability to eliminate the inventory of troubled thrifts; (2) sources of income for the FSLIC should the Commission determine that current resources will be insufficient to eliminate the inventory of troubled thrifts; (3) problems in the structure of the deposit insurance system; (4) options for reform and restructuring of the thrift industry; (5) future methods of increasing capital levels in the thrift industry; and (6) the current and future ability of the thrift industry to serve as a source of home mortgage credit. Requires the Commission to submit a final report to the President and the Congress on March 1, 1989. Specifies that such report shall contain the Commission's findings and conclusions, including its recommendations for administrative and legislative action. Specifies that any expenses of the Commission shall be paid by the Secretary of the Treasury. Limits the total expenses of the Commission. Directs the Comptroller General to audit and report to the Congress on Commission expenditures. Terminates the Commission 30 days after submission of its final report.

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Timeline

1. 25 July 1988

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 25 July 1988

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 27 July 1988

   Reported

   Committee on Banking. Ordered to be reported with amendments favorably.

   Source: Committee

4. 5 August 1988

   Calendars

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 872.

   Source: Calendars

5. 5 August 1988

   Reported

   Committee on Banking. Reported to Senate by Senator Proxmire with amendments. With written report No. 100-456.

   Source: Committee

6. 5 August 1988

   Reported

   Committee on Banking. Reported to Senate by Senator Proxmire with amendments. With written report No. 100-456.

   Source: Committee

7. 23 September 1988

   Floor

   Measure laid before Senate by unanimous consent.

   Source: Floor

8. 23 September 1988

   Passed

   Passed/agreed to in Senate: Passed Senate with amendments by Voice Vote.

   Source: Floor

9. 27 September 1988

   Introduced

   Referred to House Committee on Banking, Finance and Urban Affairs.

   Source: IntroReferral

10. 4 October 1988

    Floor

    Called up by House Under Suspension of Rules.

    Source: Floor

11. 6 October 1988

    Floor

    Message on House action received in Senate and held at desk: House amendment to Senate bill.

    Source: Floor

12. 6 October 1988

    Vote

    Passed House (Amended) by Yea-Nay Vote: 395 - 21 (Record Vote No: 436).

    Source: Floor

13. 6 October 1988

    Vote

    Passed/agreed to in House: Passed House (Amended) by Yea-Nay Vote: 395 - 21 (Record Vote No: 436).

    Source: Floor

14. 18 October 1988

    Floor

    Measure laid before Senate by unanimous consent.

    Source: Floor

15. 19 October 1988

    Floor

    Considered by Senate.

    Source: Floor

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

4 official files

• Passed House amended

  summary · EN · 6 October 1988

  Open at official source

• Passed Senate amended

  summary · EN · 23 September 1988

  Open at official source

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• Reported to Senate with amendment(s)

  summary · EN · 5 August 1988

  Open at official source

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• Introduced in Senate

  summary · EN · 25 July 1988

  Open at official source

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  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

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Sponsors

• Sen. Sasser, Jim [D-TN] · D · Sponsor
• Sen. Graham, Bob [D-FL] · D · Sponsor
• Sen. Warner, John [R-VA] · R · Cosponsor
• · hsba00 · Standing
• · ssbk00 · Standing

Related records

• related to → A bill to establish a National Commission on the Thrift Industry.
• amends ← To make technical changes.
• amends ← (to Amendment No. 3737), of a perfecting nature.
• amends ← in the nature of a substitute.