United States · Bill · S
S. 2684 (95th)
A bill to expand and facilitate urban lending investment by Federal savings and loan associations.
Introduced
7 March 1978
Last action
—
Status
Referred to Senate Committee on Banking, Housing and Urban Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Title I: Lending and Investment Powers - Amends the Home Owners' Loan Act of 1933 to authorize federal savings and loan associations to invest in cooperative housing. Removes the limitation on the percentage of its assets which a savings and loan association may invest in the following: (1) commercial real estate loans; (2) loans for home improvement and mobile homes; and (3) State and local government bonds to raise revenue for the rehabilitation, financing, or construction of residential real estate.
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 7 March 1978
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/95th-congress/senate-bill/2684
- Open data entity: https://api.congress.gov/v3/bill/95/s/2684