A bill to amend section 13(i) of the Federal Deposit Insurance Act.

Summary

Amends the Federal Deposit Insurance Act to authorize the Federal Deposit Insurance Corporation to use its authority under the Net Worth Certificate Act to purchase net worth certificates of certain qualified financial institutions which have made more than 20 percent of their loans for agricultural purposes. Revises capital to adjusted total asset ratio requirements for such qualified institutions.

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

Timeline

1. 28 March 1985

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 28 March 1985

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 26 April 1985

   Committee

   Subcommittee on Financial Institutions. Hearings held. Hearings printed: S.Hrg. 99-94.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 28 March 1985

  Open at official source

Sponsors

• Sen. Exon, J. James [D-NE] · D · Sponsor
• Sen. Melcher, John [D-MT] · D · Sponsor
• Sen. Zorinsky, Edward [D-NE] · D · Sponsor
• Sen. Pryor, David H. [D-AR] · D · Sponsor
• Sen. Abdnor, James [R-SD] · R · Sponsor
• · ssbk00 · Standing

Related records

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