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- H.R.3642
H.R.3642: Commercial Mortgage Capital Availability Act of 1993
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about taxation
- Introduced Nov. 22, 1993
- Latest Major Action Dec. 20, 1993
Bill Sponsor
Bill Cosponsors
93 (54 Democrats, 39 Republicans)
Bill Summary
Commercial Mortgage Capital Availability Act of 1993 - Sets forth a regulatory scheme under which qualified insured depository institutions meeting prescribed reserve and capital requirements may execute mortgage loan transfers with a recourse arrangement. Amends the Securities Exchange Act of 1934 to modify the definition of "mortgage related security" to include notes directly secured by a first lien on real estate with commercial structures...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Banking, Finance + Urban Affrs.
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Referred to the House Committee on Energy and Commerce.
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Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.
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Referred to the Subcommittee on Telecommunications and Finance.
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| Nov. 22, 1993 |
Introduced in the House by Barney Frank (D-Mass.) |