HR 5926 · 93th Congress ·

State Housing Corporation Act

Introduced 1973-03-21· Sponsored by Rep. Chappell, Bill, Jr. [D-FL-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking and Currency.(1973-03-21)

Plain Language Summary

[AI summary unavailable — showing source text] State Housing Corporation Act - Authorizes Federal savings and loan associations and national banks to own stock in and invest in loans to State housing corporations. Declares it to be the purpose of this Act to provide a means for private financial institutions to assist in providing housing, particularly for low- or moderate- income families, through such purchases and investments. (Amends 12 U.S.C. 1464(c), 24)…

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

Cosponsors (2)

2 Democrats