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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

27 September 1982 · Committee

Status

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

Sponsors

Sen. Chafee, John H. [R-RI], Sen. Bentsen, Lloyd M. [D-TX], Sen. Wallop, Malcolm [R-WY], Sen. Mitchell, George J. [D-ME], Sen. Danforth, John C. [R-MO], Sen. Boren, David L. [D-OK], Sen. Grassley, Chuck [R-IA], Sen. Matsunaga, Spark M. [D-HI], Sen. Garn, E. J. (Jake) [R-UT], Sen. Heflin, Howell [D-AL], Sen. Symms, Steven D. [R-ID], Sen. Baucus, Max [D-MT], Sen. Durenberger, Dave [R-MN], Sen. Burdick, Quentin N. [D-ND], Sen. Huddleston, Walter (Dee) [D-KY], Sen. Bumpers, Dale [D-AR], Sen. Tower, John G. [R-TX], Sen. Percy, Charles H. [R-IL], Sen. Cannon, Howard W. [D-NV], Sen. Boschwitz, Rudy [R-MN], Sen. Specter, Arlen [R-PA]

Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

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.

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

Timeline

  1. 16 September 1982

    Introduced

    Read twice and referred jointly to the Committees on Finance; Labor and Human Resources by unanimous consent.

    Source: IntroReferral

  2. 16 September 1982

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 27 September 1982

    Committee

    Committee on Finance; Subcommittee on Savings, Pensions, and Investment. Hearings held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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