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- H.R.1487
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 Sponsor
Bill Cosponsors
7 (All Republicans)
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 |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Banking and Financial Services.
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Referred to the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises.
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Subcommittee Hearings Held.
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Subcommittee Hearings Held.
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April 7, 1995 |
Introduced in the House by Richard Hugh Baker (R-La.) |