HR 2682 · 102th Congress · Finance and Financial Sector

Resolution Trust Corporation Reform and Accountability Act of 1991

Introduced 1991-06-18· Sponsored by Rep. Vento, Bruce F. [D-MN-4]· 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.(1991-10-01)

Plain Language Summary

[AI summary unavailable — showing source text] Resolution Trust Corporation Reform and Accountability Act of 1991 - Abolishes the Oversight Board of the Resolution Trust Corporation. Replaces the Federal Deposit Insurance Corporation as exclusive manager of the Resolution Trust Corporation with a new Board of Oversight (Board) (established by this Act). Amends the Federal Home Loan Bank Act to delineate the duties of the Board. Requires the Board to maintain a strategic plan for Corporation operations. Outlines plan contents.…

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

Cosponsors (12)

12 Democrats
Rep. Annunzio, Frank [D-IL-11]IL
Rep. Kleczka, Gerald D. [D-WI-4]WI
Rep. Cox, John W., Jr. [D-IL-16]IL
Rep. Bevill, Tom [D-AL-4]AL
Rep. Lehman, Richard H. [D-CA-18]CA
Rep. Sabo, Martin Olav [D-MN-5]MN
Rep. Glickman, Dan [D-KS-4]KS
Rep. Jontz, Jim [D-IN-5]IN
Del. de Lugo, Ron [D-VI-At Large]VI
Rep. Bacchus, Jim [D-FL-11]FL
Rep. Slaughter, Louise McIntosh [D-NY-30]NY
Rep. Neal, Richard E. [D-MA-2]MA