H.R.3167: Enterprise Resource Bank Act of 1996

About This Bill

Bill Summary

Enterprise Resource Bank Act of 1996 - Redesignates the: (1) Federal home loan banks as enterprise resource banks (ERBs); (2) Federal Home Loan Bank Act (FHLBA) as the Enterprise Resource Bank System Act; and (3) Federal Home Loan Bank System as the enterprise resource bank system. (Sec. 3) Declares that such banks are established by the Congress as profitmaking financial institutions whose purpose is to: (1) promote residential mortgage...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 14 - 0.
Sponsor introductory remarks on measure.
March 27, 1996

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

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