HR 1268 · 100th Congress · Finance and Financial Sector

Bank Loan Loss Amortization Act

Introduced 1987-02-25· Sponsored by Rep. Watkins, Wes [D-OK-3]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1987-02-25)

Plain Language Summary

[AI summary unavailable — showing source text] Bank Loan Loss Amortization Act - Amends the Federal Deposit Insurance Act to allow insured banks to amortize losses on qualified agricultural loans over a ten-year period and losses on other loans over a five-year period.…

Summarized by Claude AI · Non-partisan · For informational purposes only