Summary: S.2212 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for S.2212. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/06/1992)

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 specify that the additional interim funding (already authorized) which the Secretary of the Treasury must provide to the Resolution Trust Corporation (RTC) must come from monies not otherwise appropriated. (Repeals the April 1, 1992, termination of the mandate for such funds.)

Directs the Secretary to provide further additional funds to the RTC, not to exceed $55,000,000,000, from monies not otherwise appropriated to it.