HJRES 1088 · 95th Congress · Government securities

A resolution providing financial assistance for the City of New York.

Introduced 1978-07-26· Sponsored by Rep. Mahon, George H. [D-TX-19]· House

Bill Progress

1
Introduced
✓
Committee
✓
House Vote
✓
Senate
✓
Enacted
Latest: Public Law 95-415.(1978-10-05)

Recorded Votes

PassedSenate · 1978-09-20
Yea 51Nay 28
PassedSenate · 1978-09-20
Yea 51Nay 28
PassedHouse · 1978-09-06
Yea 233Nay 132
PassedHouse · 1978-09-06
Yea 233Nay 132

Plain Language Summary

[AI summary unavailable — showing source text] Authorizes the Secretary of the Treasury to guarantee payment of principal and interest on loans in accordance with the provisions of the New York City Loan Guarantee Act of 1978 in amounts not to exceed $1,650,000,000. Appropriates effective October 1, 1978, such amounts as may be necessary for payments of financial obligations guaranteed pursuant to the New York City Loan Guarantee Act of 1978, to remain available until September 30, 1998.…

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