HR 1066 · 94th Congress · Finance and Financial Sector

A bill to clarify and expand the authority of the Federal Home Loan Bank Board to regulate conflicts of interest in the operation of insured savings and loan associations.

Introduced 1975-01-14· Sponsored by Rep. Sullivan, Leonor K. (Mrs. John B.) [D-MO-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Currency and Housing.(1975-01-14)

Plain Language Summary

[AI summary unavailable — showing source text] Authorizes the Federal Home Loan Bank Board to regulate relations and transactions between member insured savings and loan associations in order to protect the public interest, and for the protection of members, borrowers, and investors. Permits the Board to provide appraisal and valuation services and to collect fees for the rendering of such services in carrying out the provisions of this Act.…

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