HR 1780 · 100th Congress · Finance and Financial Sector

Real Property Accounting Act of 1987

Introduced 1987-03-25· Sponsored by Rep. Alexander, Bill [D-AR-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1987-04-01)

Plain Language Summary

[AI summary unavailable — showing source text] Real Property Accounting Act of 1987 - Amends the National Housing Act and the Home Owners' Loan Act of 1933, respectively, to prohibit the Federal Savings and Loan Insurance Corporation and the Federal Home Loan Bank Board from requiring institutions to write down or establish reserves against assets in excess of what would be required under generally accepted accounting principles.…

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