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- H.R.1121
H.R.1121: Financial Freedom Act of 1997
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced March 19, 1997
- Latest Major Action March 28, 1997
Bill Sponsor
Bill Cosponsors
9 (All Republicans)
Bill Summary
Financial Freedom Act of 1997 - Amends the Federal Credit Union Act to limit Federal credit union membership to one or more groups each of which has a common bond within such group. Repeals the Community Reinvestment Act of 1977. Amends the Internal Revenue Code to reduce the corporate tax rate for qualified community lenders.
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Banking and Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Banking and Financial Services
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Referred to House Ways and Means
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| March 19, 1997 |
Introduced in the House by Ron Paul (R-Texas) |