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United States · Bill · S

S. 2918 (97th)

Residential Mortgage Investment Act of 1982

openUnited States· United States Congress· EN

Introduced

16 September 1982

Last action

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Status

Committee on Labor and Human Resources requested executive comment from Labor Department; OMB.

Sponsors

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Subjects

Discovery layer

Source updated

29 August 2025

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Summary

Residential Mortgage Investment Act of 1982 - Exempts any qualified mortgage transaction at arms-length engaged in by an employee benefit plan from specified prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code. Provides that such exemption shall supersede any and all State laws as they relate to qualified mortgage transactions to the extent engaged in by employee benefit plans.

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Documents

1 official file

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