HR 1539 · 106th Congress · Finance and Financial Sector

Stock Loan Limit Repeal Act of 1999

Introduced 1999-04-22· Sponsored by Rep. Roukema, Marge [R-NJ-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(1999-05-13)

Plain Language Summary

[AI summary unavailable — showing source text] Stock Loan Limit Repeal Act of 1999 - Amends the Federal Reserve Act to repeal a provision granting the Federal Reserve Board the power (subject to specified requirements) to fix for each Federal reserve district the percentage of individual bank capital and surplus which may be represented by loans secured by stock or bond collateral made by member banks within such district.…

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

Cosponsors (1)

1 Democrat
Rep. Vento, Bruce F. [D-MN-4]MN