legislation: 98-s-331

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
98-s-331 98 s 331 National Investment Corporation Act Commerce 1983-02-01 1983-02-23 Committee on Banking requested executive comment from Treasury Department, Commerce Department, Labor Department. Senate Sen. Byrd, Robert C. [D-WV] WV D B001210 2 National Investment Corporation Act - Creates the National Investment Corporation to encourage productivity growth in the United States economy through targeted use of financial resources to: (1) modernize industries; (2) accelerate the growth of high technology and other evolving industries; and (3) insure balanced economic growth across the country. Permits the Corporation to issue and the Secretary of the Treasury to purchase a specified amount of common stock. Authorizes the Corporation to issue its own notes, debentures, bonds, or other such obligations. Requires the Federal Financing Bank to purchase them. Sets forth the powers of the Corporation, including lending, loan purchase or guarantee, and securities acquisition. Sets forth the the criteria for selecting projects for financial assistance under this Act. 2025-08-29T17:39:44Z https://www.congress.gov/bill/98th-congress/senate-bill/331

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