HR 1676 · 103th Congress · Finance and Financial Sector
RTC Fiscal Accountability Act of 1993
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.(1993-04-30)
Plain Language Summary
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RTC Fiscal Accountability Act of 1993 - Amends the Federal Home Loan Bank Act to condition authorization of appropriations to the Resolution Trust Corporation (RTC) upon transmittal by the President to the Congress of a plan to finance RTC losses incurred after enactment of the Resolution Trust Corporation Conditional Funding Act of 1993: (1) by paying for such losses over a five-year period; and (2) without any increase in either the Federal debt or in tax revenues or revenue enhancements.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (10)
10 Republicans