HR 1718 · 102th Congress · Finance and Financial Sector

Qualified Thrift Lender Reform Act of 1991

Introduced 1991-04-11· Sponsored by Rep. Baker, Richard H. [R-LA-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1991-05-01)

Plain Language Summary

[AI summary unavailable — showing source text] Qualified Thrift Lender Reform Act of 1991 - Amends the Home Owners' Loan Act (as in effect on July 1, 1991) with regard to the qualified thrift lender test to: (1) increase required liquidity requirements; (2) include among qualifying assets stock issued by Federal home loan banks, the Federal Home Loan Mortgage Corporation, or the Federal National Mortgage Association; (3) increase qualifying consumer assets; and (4) determine the required 70 percent thrift investment-portfolio investment ratio on a monthly (rather than daily or weekly) basis.…

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

Cosponsors (20)

10 Democrats10 Republicans
Rep. Barnard, Doug, Jr. [D-GA-10]GA
Rep. Hammerschmidt, John P. [R-AR-3]AR
Rep. Bereuter, Doug [R-NE-1]NE
Rep. Vander Jagt, Guy [R-MI-9]MI
Rep. Slattery, Jim [D-KS-2]KS
Rep. Alexander, Bill [D-AR-1]AR
Rep. Peterson, Collin C. [D-MN-7]MN
Rep. Roberts, Pat [R-KS-1]KS
Rep. Burton, Dan [R-IN-6]IN
Rep. Parker, Mike [D-MS-4]MS
Rep. Weber, Vin [R-MN-2]MN
Rep. Riggs, Frank [R-CA-1]CA
Rep. Jacobs, Andrew, Jr. [D-IN-10]IN
Rep. Derrick, Butler C. [D-SC-3]SC
Rep. Wolpe, Howard E. [D-MI-3]MI
Rep. Huckaby, Thomas J. (Jerry) [D-LA-5]LA
Rep. Livingston, Bob [R-LA-1]LA
Rep. McCrery, Jim [R-LA-4]LA
Rep. Hayes, James A. [D-LA-7]LA
Rep. Hancock, Mel [R-MO-7]MO