HR 1315 · 102th Congress · Finance and Financial Sector

Resolution Trust Corporation Funding Act of 1991

Introduced 1991-03-07· Sponsored by Rep. Wylie, Chalmers P. [R-OH-15]· House

Bill Progress

✓
Introduced
✓
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Motion to reconsider laid on the table Agreed to without objection.(1991-03-12)

Recorded Votes

FailedHouse · 1991-03-12
Roll #42 ↗
Yea 201Nay 220
Democrats
81 Yea·177 Nay
Republicans
120 Yea·42 Nay
PassedHouse · 1991-03-12
Roll #42 ↗
Yea 201Nay 220
Democrats
81 Yea·177 Nay
Republicans
120 Yea·42 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] Resolution Trust Corporation Funding Act of 1991 - Amends the Federal Home Loan Bank Act to mandate that any request for new or additional financial resources for the Resolution Trust Corporation (RTC) must be submitted in writing to specified congressional committees, and must contain a complete and detailed financial plan for spending such resources. Directs the Secretary of the Treasury to provide $30,000,000,000 to the RTC.…

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