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Searching...- Bills
- H.R.1161
H.R.1161: Financial Contract Netting Improvement Act of 2000
About This Bill
- This bill was introduced in the 106th Congress
- This bill is primarily about law
- Introduced March 17, 1999
- Latest Major Action Oct. 25, 2000
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Financial Contract Netting Improvement Act of 2000 - 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 insured...
(Source: Library of Congress)
Congressional Budget Office Estimate
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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Referred to the Subcommittee on Commercial and Administrative Law.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Subcommittee on Financial Institutions and Consumer Credit Discharged.
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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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Reported (Amended) by the Committee on Banking and Financial Services. H. Rept. 106-834, Part I.
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House Committee on Judiciary Granted an extension for further consideration ending not later than Sept. 7, 2000.
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House Committee on Commerce Granted an extension for further consideration ending not later than Sept. 7, 2000.
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Committee on Judiciary discharged.
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Committee on Commerce discharged.
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Placed on the Union Calendar, Calendar No. 492.
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Mr. Leach moved to suspend the rules and pass the bill, as amended.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 1161.
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On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate.
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| March 17, 1999 |
Introduced in the House by James A. Leach (R-Iowa) |