A bill to permit national banks to underwrite municipal revenue bonds.

Summary

Amends Federal banking law regarding the powers of national banking associations to declare that the limitations and restrictions pertaining to dealing in, underwriting, and purchasing securities for an association's own account do not apply to certain State and municipal obligations (thus permitting national banks to underwrite municipal revenue bonds).

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

Timeline

1. 21 May 1992

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 21 May 1992

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 21 May 1992

  Open at official source

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Sponsors

• Sen. Sanford, Terry [D-NC] · D · Sponsor
• Sen. Garn, E. J. (Jake) [R-UT] · R · Sponsor
• Sen. Dixon, Alan J. [D-IL] · D · Sponsor
• · ssbk00 · Standing

Related records

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