Recently enacted laws

S. 419 · 102nd Congress · enacted

Resolution Trust Corporation Funding Act of 1991

Became Public Law No: 102-18.

Latest official action 1991-03-23 · Enacted

The bill, briefly

Resolution Trust Corporation Funding Act of 1991 - Title I: RTC Resolution Process and Funding - Amends the Federal Home Loan Bank Act to authorize additional funding to the Resolution Trust Corporation (RTC). Requires the Oversight Board to transmit to specified congressional committees: (1) RTC's audited financial statements within 180 days after the end of the fiscal year to which those audits apply; and (2) a detailed financial operating plan by the beginning of each calendar quarter. Outlines the contents to be included in the Plan. Requires the Director of the Office of Thrift Supervision to deliver to the Oversight Board on a quarterly basis a list of savings associations in danger of default. States that whenever agency reports are not provided timely to the Congress, the President of the Oversight Board and the head of the responsible agency shall testify before certain congressional committees about the causes and the remedial steps being taken with respect to the reporting delinquency. Amends the Federal Home Loan Bank Act and the Federal Deposit Insurance Act to provide that officials of the RTC, the Oversight Board, and the Federal Deposit Insurance Corporation (FDIC) are not subject to personal civil liability under the Securities Act of 1933 for asset disposition activities undertaken within the scope of their employment. Declares that this does not limit person…

Congressional Research Service · 1991-03-19

Who reported lobbying on this bill?

Amount spent specifically on this bill: not disclosed

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2,409 latest lobbying reports imported. Some source imports are still in progress.

Politicians behind the bill

Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.

No current-officeholder sponsorship match is available. Historical sponsors may have left office.

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PAC donors to the listed sponsors

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What happened after enactment?

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Measured outcome: not established
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