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- H.R.4393
H.R.4393: Financial Contract Netting Improvement Act of 1998
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about law
- Introduced Aug. 4, 1998
- Latest Major Action Sept. 25, 1998
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Financial Contract Netting Improvement Act of 1998 - Amends the Federal Deposit Insurance Act (FDIA) to redefine specified contracts, agreements, and transfers entered into with an insolvent insured depository institution before the appointment of a conservator or receiver for it. (Sec. 2) Declares that no person shall be stayed or prohibited from exercising any right to cause the acceleration of any qualified financial contract with an...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Banking and Financial Services, and in addition to the Committees on the Judiciary, and Commerce, 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 Judiciary
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Referred to House Commerce
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported by Voice Vote.
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Referred to the Subcommittee on Finance and Hazardous Materials.
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Reported by the Committee on Banking and Financial Services. H. Rept. 105-688.
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Committee on Commerce discharged.
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House Committee on Judiciary Granted an extension for further consideration ending not later than Sept. 25, 1998.
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Referred to the Subcommittee on Commercial and Administrative Law.
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Committee on Judiciary discharged.
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Placed on the Union Calendar, Calendar No. 428.
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Aug. 4, 1998 |
Introduced in the House by James A. Leach (R-Iowa) |