Summary: H.R.5180 — 101st Congress (1989-1990)All Information (Except Text)

There is one summary for H.R.5180. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/27/1990)

Depository Institutions' Civil and Criminal Enforcement Act - Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to change the amount of civil penalty assessed for specified violations from up to $1,000,000 to 25 percent of the violator's net worth. Removes special penalty rules for continuing violations and violations creating gain or loss.

Amends Federal criminal law to impose a minimum two-year prison term for certain violations, including theft and embezzlement, involving depository institutions and a minimum one-year prison term for obstruction of justice.