H.R.1487: Federal Home Loan Bank System Modernization Act of 1995

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about congress
  • Introduced April 7, 1995
  • Latest Major Action May 18, 1995

Bill Summary

Federal Home Loan Bank System Modernization Act of 1995 - Amends the Federal Home Loan Bank Act (FHLBA) to declare that the mission of the Federal Home Loan Bank System is to: (1) be a profit-making enterprise whose purpose is to support residential mortgage lending (including low- and moderate-income housing), and related community and economic development lending through a program of collateralized advances and other financial services; and...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
April 7, 1995

Introduced in the House by Richard Hugh Baker (R-La.)

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