HR 1527 · 99th Congress · Private Legislation

A bill for the relief of the Merchants National Bank of Mobile, Alabama.

Introduced 1985-03-07· Sponsored by Rep. Callahan, Sonny [R-AL-1]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Other Measure S.593 Passed House in Lieu.(1986-10-07)

Plain Language Summary

[AI summary unavailable — showing source text] Authorizes and directs the Secretary of the Treasury to pay a specified sum to a named Alabama bank in full satisfaction of all claims against the United States for losses arising from the cancellation of a Government loan guarantee due to actions and misrepresentations of the Defense Logistics Agency of the Department of Defense.…

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