H.R.4241 - Resolution Trust Corporation Funding Act of 1992102nd Congress (1991-1992)
|Sponsor:||Rep. Wylie, Chalmers P. [R-OH-15] (Introduced 02/18/1992)(by request)|
|Committees:||House - Banking, Finance, and Urban Affairs|
|Committee Reports:||H.Rept 102-457|
|Latest Action:||House - 03/19/1992 Placed on the Union Calendar, Calendar No. 274. (All Actions)|
This bill has the status Introduced
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Summary: H.R.4241 — 102nd Congress (1991-1992)All Information (Except Text)
Reported to House with amendment(s) (03/19/1992)
Resolution Trust Corporation Funding Act of 1992 - Amends the Federal Home Loan Bank Act (as amended by the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991), to: (1) repeal the termination of the mandate for specified additional funding for the Resolution Trust Corporation (RTC); and (2) specify that the additional interim funding (already authorized) which the Secretary of the Treasury must provide to the RTC must come out of any money in the Treasury not otherwise appropriated.
Directs the Secretary, at the President's request, to provide until April 1, 1993, further additional funds of up to $25,000,000,000 to the RTC out of any money in the Treasury not otherwise appropriated to it.