Summary: H.R.2343 — 105th Congress (1997-1998)All Information (Except Text)

Bill summaries are authored by CRS.

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Passed House amended (09/23/1997)

Thrift Depositor Protection Oversight Board Abolishment Act - Abolishes the Thrift Depositor Protection Oversight Board.

Transfers to the Secretary of the Treasury the Board's authorities and duties under the Federal Home Loan Bank Act.

Amends the Resolution Trust Corporation Completion Act with respect to the Affordable Housing Advisory Board to: (1) remove from it the Chairperson of the Thrift Depositor Protection Oversight Board; (2) reduce the number of mandatory meetings from four times a year to twice yearly; and (3) repeal the requirement for meetings in different regions of the United States in which substantial residential property assets of the FDIC or the Resolution Trust Corporation are located.