openregs: legislation: 167 rows where congress = 105 and policy_area = "Finance and Financial Sector" sorted by introduced

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

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167 rows where congress = 105 and policy_area = "Finance and Financial Sector" sorted by introduced_date descending

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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
105-hr-4870	105	hr	4870	Financial Services Act of 1998	Finance and Financial Sector	1998-10-20	1998-11-06	Referred to the Subcommittee on Finance and Hazardous Materials, for a period to be subsequently determined by the Chairman.	House	Rep. Leach, James A. [R-IA-1]	IA	R	L000169	7	TABLE OF CONTENTS: Title I: Facilitating Affiliation Among Securities Firms, Insurance Companies, and Depository Institutions Subtitle A: Affiliations Subtitle B: Streamlining Supervision of Financial Holding Companies Subtitle C: Subsidiaries of National Banks Subtitle D: Wholesale Financial Holding Companies; Wholesale Financial Institutions Subtitle E: Preservation of FTC Authority Subtitle F: Applying the Principles of National Treatment and Equality of Competitive Opportunity to Foreign Banks and Foreign Financial Institutions Subtitle G: Federal Home Loan Bank System Modernization Subtitle H: Direct Activities of Banks Subtitle I: Deposit Insurance Funds Subtitle J: Effective Date of Title Title II: Functional Regulation Subtitle A: Brokers and Dealers Subtitle B: Bank Investment Company Activities Subtitle C: Securities and Exchange Commission Supervision of Investment Bank Holding Companies Subtitle D: Studies Title III: Insurance Subtitle A: State Regulations of Insurance Subtitle B: Redomestication of Mutual Insurers Subtitle C: National Association of Registered Agents and Brokers Title IV: Unitary Savings and Loan Holding Companies Title V: Financial Information Privacy Title VI: Miscellaneous Financial Services Act of 1998 - Title I: Facilitating Affiliation Among Securities Firms, Insurance Companies, and Depository Institutions - Subtitle A: Affiliations - Amends the Banking Act of 1933 (Glass-Steagall Act) to repeal the prohibitions: (1) against affiliation of any Federal Reserve member bank with an entity engaged principally in securities activities (securities affiliate); and (2) against simultaneous service by any officer, director, or employee of a securities firm as an offi…	2025-08-21T16:12:47Z	https://www.congress.gov/bill/105th-congress/house-bill/4870
105-hr-4831	105	hr	4831	To temporarily reenact chapter 12 of title 11 of the United States Code.	Finance and Financial Sector	1998-10-14	1998-10-20	Received in the Senate.	House	Rep. Smith, Nick [R-MI-7]	MI	R	S000597	0	Reenacts chapter 12 of the Federal Bankruptcy Code (Adjustment of Debts of a Family Farmer with Regular Annual Income) for the period beginning October 1, 1998, and ending on April 1, 1999 (thereby extending family farmer bankruptcy relief). Provides for the continuation of all cases and proceedings as if such chapter were continued in effect after April 1, 1999, including the substantive rights of parties in connection with such cases.	2025-04-07T15:23:55Z	https://www.congress.gov/bill/105th-congress/house-bill/4831
105-hr-4822	105	hr	4822	Mutual Fund Tax Awareness Act of 1998	Finance and Financial Sector	1998-10-13	1998-10-20	Referred to the Subcommittee on Finance and Hazardous Materials.	House	Rep. Gillmor, Paul E. [R-OH-5]	OH	R	G000210	11	Mutual Fund Tax Awareness Act of 1998 - Directs the Securities and Exchange Commission to revise regulations under the Investment Company Act of 1940 to require, consistent with the protection of investors and the public interest, improved methods of disclosing in investment company prospectuses and annual reports the after-tax effects of portfolio turnover on investment company returns to investors.	2025-08-21T16:12:08Z	https://www.congress.gov/bill/105th-congress/house-bill/4822
105-hr-4826	105	hr	4826	Holocaust Victim Insurance Relief Act of 1998	Finance and Financial Sector	1998-10-13	1998-10-20	Referred to the Subcommittee on Finance and Hazardous Materials.	House	Rep. Sherman, Brad [D-CA-24]	CA	D	S000344	5	Holocaust Victim Insurance Relief Act of 1998 - Directs the Secretary of the Treasury, the Secretary of State, and the Secretary of Commerce jointly to establish a central public registry containing records and information relating to insurance policies of living and deceased victims of the Holocaust, to be known as the Holocaust Insurance Registry. Requires any insurer currently doing business in the United States that sold life, property, liability, health, annuity, dowry, educational, or casualty insurance policies, directly or through a related company, to persons in Europe, which were in effect between 1920 and 1945, to file with the Departments of the Treasury, State, or Commerce for entry into the Registry: (1) the number of such insurance policies; (2) the holder, beneficiary, and current status of such policies; and (3) a comparison of the names of holders and beneficiaries of such policies and the names of Holocaust victims. Requires each such insurer to certify under penalty of perjury to any of the following: (1) the proceeds of the policies have been paid to the designated beneficiaries or their heirs where that person or persons could be located and identified; (2) the proceeds of the policies, where the beneficiaries or heirs could not be located or identified, have been distributed to Holocaust survivors or to qualified charitable nonprofit organizations for the purpose of assisting Holocaust survivors; (3) a court of law has certified in a legal proceeding resolving the rights of unpaid policyholders, their heirs, and beneficiaries, a plan for the distribution of the proceeds; or (4) the proceeds have not been distributed and the amounts of those proceeds. Exempts from such filing requirement any insurer currently doing business in the United States that did not sell any insurance policies in Europe before 1945, if a related company, whether or not authorized and currently doing business in the United States, has made such a filing. Makes any insurer that knowingly files false information liab…	2025-08-21T16:12:02Z	https://www.congress.gov/bill/105th-congress/house-bill/4826
105-hr-4808	105	hr	4808	Depository Institution-GSE Affiliation Act of 1998	Finance and Financial Sector	1998-10-12	1998-10-12	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Snowbarger, Vince [R-KS-3]	KS	R	S000662	2	Depository Institution-GSE Affiliation Act of 1998 - Amends the Federal Deposit Insurance Act to specify circumstances under which the Secretary of the Treasury may: (1) approve an affiliation between a depository institution and the Student Loan Marketing Association (SALLIE MAE) solely in its reorganized, privatized status as "the Holding Company," not in its status as a government sponsored enterprise (GSE); and (2) impose affiliation terms and conditions, including constraints upon either the issuance of debt obligations by SALLIE MAE in its GSE status, or upon the use of proceeds from such obligations. (Current law prohibits affiliations between depository institutions and GSEs.) Limits the value of the investment portfolio of SALLIE MAE in its GSE status in the event such affiliation should occur to the lesser of: (1) its value upon enactment of this Act; or (2) its value on the date such affiliation is consummated. Grants the Secretary enforcement powers under the Higher Education Act of 1965.	2025-08-21T16:12:11Z	https://www.congress.gov/bill/105th-congress/house-bill/4808
105-hr-4811	105	hr	4811	Depository Institution Customer Protection Act	Finance and Financial Sector	1998-10-12	1998-10-12	Referred to the House Committee on Banking and Financial Services.	House	Rep. DeLauro, Rosa L. [D-CT-3]	CT	D	D000216	0	Depository Institution Customer Protection Act - Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to prohibit the imposition of any fee on an institution's customer for using its teller windows at a domestic branch.	2025-08-21T16:12:23Z	https://www.congress.gov/bill/105th-congress/house-bill/4811
105-hr-4745	105	hr	4745	Homeowners' Emergency Mortgage Assistance Act	Finance and Financial Sector	1998-10-08	1998-10-10	Sponsor introductory remarks on measure. (CR E2042)	House	Rep. Gutierrez, Luis V. [D-IL-4]	IL	D	G000535	0	Homeowners' Emergency Mortgage Assistance Act - Directs the Secretary of Housing and Urban Development to establish a mortgage emergency assistance program for qualifying homeowners with National Housing Act-insured mortgages who are unable to temporarily meet their obligations due to financial hardship beyond their control. Requires homeowner repayment of such assistance and interest.	2025-08-21T16:14:26Z	https://www.congress.gov/bill/105th-congress/house-bill/4745
105-s-2590	105	s	2590	Financial Services Act of 1998	Finance and Financial Sector	1998-10-08	1998-10-08	Read twice and referred to the Committee on Banking.	Senate	Sen. Faircloth, Lauch [R-NC]	NC	R	F000437	2	TABLE OF CONTENTS: Title I: Facilitating Affiliation Among Securities Firms, Insurance Companies, and Depository Institutions Subtitle A: Affiliations Subtitle B: Streamlining Supervision of Financial Holding Companies Subtitle C: Subsidiaries of National Banks Subtitle E (sic): Preservation of FTC Authority Subtitle F: Applying the Principles of National Treatment and Equality of Competitive Opportunity to Foreign Banks and Foreign Financial Institutions Subtitle G: Federal Home Loan Bank System Modernization Subtitle H: Direct Activities of Banks Subtitle I: Deposit Insurance Funds Subtitle J: Effective Date of Title Title II: Functional Regulation Subtitle A: Brokers and Dealers Subtitle B: Bank Investment Company Activities Subtitle C: Securities and Exchange Commission Supervision of Investment Bank Holding Companies Subtitle D: Studies Title III: Insurance Subtitle A: State Regulation of Insurance Subtitle B: National Association of Registered Agents and Brokers Title IV: Unitary Savings and Loan Holding Companies Title V: Financial Information Privacy Title VI: Miscellaneous Financial Services Act of 1998 - Title I: Facilitating Affiliation Among Securities Firms, Insurance Companies, and Depository Institutions - Subtitle A: Affiliations - Amends the Banking Act of 1933 (Glass-Steagall Act) to repeal the prohibitions: (1) against affiliation of any Federal Reserve member bank with an entity engaged principally in securities activities (securities affiliate); and (2) against simultaneous service by any officer, director, or employee of a securities firm as an officer, director, or employee of any member bank (interlocking directorates). (Sec. 102) Amends the Bank Holding Company Act of 1956 (BHCA) to exempt from its prohibi…	2025-08-21T16:14:52Z	https://www.congress.gov/bill/105th-congress/senate-bill/2590
105-sres-292	105	sres	292	A resolution expressing the sense of the Senate regarding tactile currency for the blind and visually impaired.	Finance and Financial Sector	1998-10-08	1998-10-08	Referred to the Committee on Banking.	Senate	Sen. Moseley-Braun, Carol [D-IL]	IL	D	M001025	0	Declares that the House of Representatives: (1) endorses the efforts of the Bureau of Engraving and Printing to upgrade the currency for security reasons; and (2) strongly encourages the Secretary of the Treasury and the Bureau to incorporate cost-effective, tactile features into the design changes, thereby including the blind and visually impaired community in independent currency usage.	2025-01-14T18:20:21Z	https://www.congress.gov/bill/105th-congress/senate-resolution/292
105-s-2561	105	s	2561	Consumer Reporting Employment Clarification Act of 1998	Finance and Financial Sector	1998-10-06	1998-11-02	Became Public Law No: 105-347.	Senate	Sen. Nickles, Don [R-OK]	OK	R	N000102	1	Consumer Reporting Employment Clarification Act of 1998 - Amends the Fair Credit Reporting Act to allow notice and consent requirements (regarding procurement of a consumer report for employment purposes) to be handled by oral, written, or electronic means when: (1) the consumer involved applies for certan motor carrier employment positions regulated by the Secretary of Transportation or a State transportation agency; and (2) the only interaction at that point between the applicant and the report procurer has been by such means. Allows such means to be used in those circumstances when an adverse action is taken based on the report. (Sec. 3) Allows a consumer reporting agency to furnish such a report only if the agency meets certain requirements, including providing with the report, or having previously provided, a summary (currently, providing with the report a summary) of the consumer's rights. (Sec. 4) Provides national security exemptions for a consumer reporting agency from requirements to disclose to a consumer: (1) the identity of each person that procured a report on that consumer; and (2) that public record information was reported that is likely to have an adverse effect on a consumer's ability to obtain employment. (Sec. 5) Prohibits a consumer reporting agency from reporting on civil suits, civil judgments, and arrest records (currently, reporting on suits and judgments) that are more that seven years before the report or until the governing statute of limitations has expired, whichever is longer. Removes provisions prohibiting the reporting of certain criminal matters more than seven years before the report. Exempts records of criminal convictions from the general prohibition of reporting matters over seven years old.	2025-01-02T17:56:25Z	https://www.congress.gov/bill/105th-congress/senate-bill/2561
105-hr-4697	105	hr	4697	To temporarily reenact chapter 12 of title 11 of the United States Code.	Finance and Financial Sector	1998-10-05	1998-10-09	Referred to the Subcommittee on Commercial and Administrative Law.	House	Rep. Smith, Nick [R-MI-7]	MI	R	S000597	2	Reenacts chapter 12 of the Federal Bankruptcy Code (Adjustment of Debts of a Family Farmer with Regular Annual Income), as in effect on September 30, 1998, for the period beginning October 1, 1998, and ending on September 30, 2000 (thereby extending family farmer bankruptcy relief).	2025-01-02T17:51:23Z	https://www.congress.gov/bill/105th-congress/house-bill/4697
105-hr-4691	105	hr	4691	Bulk Cash Smuggling Act of 1998	Finance and Financial Sector	1998-10-02	1998-10-02	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Roukema, Marge [R-NJ-5]	NJ	R	R000465	0	Bulk Cash Smuggling Act of 1998 - Prohibits, and sets penalties for, knowingly concealing, with intent to evade a currency reporting requirement, more than $10,000 in currency or other monetary instruments on an individual's person or in any conveyance, article of luggage, merchandise, or other container and transporting or transferring such currency or monetary instruments (or attempting to do so) from a place within, to a place outside, the United States, or vice versa. Sets forth forfeiture provisions. Directs the court, upon a showing by the property owner by a preponderance of the evidence that the currency or monetary instruments involved in the offense giving rise to the forfeiture were derived from a legitimate source and were intended for a lawful purpose, to reduce the forfeiture to the maximum amount that is not grossly disproportional to the gravity of the offense. (Sec. 4) Revises provisions regarding search and forfeiture of monetary instruments to direct the court, in imposing sentence for any violation of specified currency and monetary instrument reporting requirements, or conspiracy to commit such a violation, to order the defendant to forfeit all property involved in the offense and any property traceable thereto. Sets forth provisions regarding procedures governing forfeiture, civil forfeiture, and proportionality of the forfeiture.	2025-08-21T16:14:33Z	https://www.congress.gov/bill/105th-congress/house-bill/4691
105-s-2544	105	s	2544	Homeownership and Community Development Act of 1998	Finance and Financial Sector	1998-10-02	1998-10-02	Read twice and referred to the Committee on Banking.	Senate	Sen. Faircloth, Lauch [R-NC]	NC	R	F000437	0	Homeownership and Community Development Act of 1998 - Amends the Federal Home Loan Bank Act to make community development institutions eligible nonmember borrowers from the Federal home loan bank system.	2025-08-21T16:14:51Z	https://www.congress.gov/bill/105th-congress/senate-bill/2544
105-hr-4672	105	hr	4672	To reenact chapter 12 of title 11 of the United States Code.	Finance and Financial Sector	1998-10-01	1998-10-09	Referred to the Subcommittee on Commercial and Administrative Law.	House	Rep. Smith, Nick [R-MI-7]	MI	R	S000597	1	Reenacts chapter 12 of the Federal Bankruptcy Code (Adjustment of Debts of a Family Farmer with Regular Annual Income) as in effect on September 30, 1998 (thereby extending family farmer bankruptcy relief).	2025-01-02T17:51:24Z	https://www.congress.gov/bill/105th-congress/house-bill/4672
105-hres-557	105	hres	557	Expressing support for U. S. government efforts to identify Holocaust-era assets, urging the restitution of individual and communal property, and for other purposes.	Finance and Financial Sector	1998-09-28	1998-10-09	Motion to reconsider laid on the table Agreed to without objection.	House	Rep. Lantos, Tom [D-CA-12]	CA	D	L000090	32	Recognizes the great responsibility which the United States has to Holocaust survivors and their families, many of whom are American citizens, to continue to treat the issue of Holocaust-era assets as a high priority and to encourage other governments to do the same. Commends: (1) U.S. Government agencies for their untiring efforts and for the example they have set, including the publication of the May 1997 and June 1998 reports on U.S. and Allied Efforts to Recover or Restore Gold and Other Assets Stolen or Hidden by Germany in World War II and the efforts to return such assets to their rightful owners; (2) those organizations which have played a critical role in the effort to assure compensation, restitution, or both for survivors of the Holocaust, and in particular to the World Jewish Congress and the World Jewish Restitution Organization; (3) those countries which have instituted procedures for the restitution of individual and communal property confiscated from Holocaust victims (and urges those governments which have not established such procedures to adopt fair and transparent legislation and regulations necessary for such restitution); (4) those countries which have established significant commissions to conduct research into matters relating to Holocaust-era assets, to assure that information developed by these commissions is publicly available, to complete their major historical research efforts, and to contribute to the major funds established to benefit needy Holocaust survivors no later than December 31, 1999; and (5) those countries and organizations which have opened their archives and made public records and documents relating to the Nazi era (and urges all countries and organizations to assure that all materials relating to that era are fully accessible to the public). Welcomes the convening of the Washington Conference on Holocaust- Era Assets later this year by the U.S. Holocaust Memorial Museum and the Department of State. Urges: (1) countries in transition in Central and Eastern Europe to r…	2025-04-07T15:23:39Z	https://www.congress.gov/bill/105th-congress/house-resolution/557
105-hr-4645	105	hr	4645	To extend permanently chapter 12 of title 11, United States Code, and to amend the Internal Revenue Code of 1986 to facilitate the bankruptcy and debt restructuring process relating to farmers.	Finance and Financial Sector	1998-09-25	1998-10-01	Referred to the Subcommittee on Commercial and Administrative Law.	House	Rep. Smith, Nick [R-MI-7]	MI	R	S000597	0	Amends the Bankruptcy Judges, United States Trustees, and Family Farmer Bankruptcy Act of 1986 to repeal the termination date for bankruptcy law governing debt adjustments of family farmers with regular annual income (thus making such law permanent). Amends the Internal Revenue Code to apply its rules relating to individuals' title 11 (bankruptcy) cases to such family farmer debt adjustments. Declares that gross income of the debtor's estate, for tax purposes, shall include any income in connection with abandonment to the debtor of property burdensome to the estate or inconsequential in value, if the income arose before abandonment. Excludes such income from the debtor's gross income.	2025-01-02T17:51:34Z	https://www.congress.gov/bill/105th-congress/house-bill/4645
105-hconres-329	105	hconres	329	Expressing the sense of Congress regarding the reduction of the Federal Funds rate by the Federal Open Market Committee.	Finance and Financial Sector	1998-09-23	1998-09-24	Sponsor introductory remarks on measure. (CR H8604-8605)	House	Rep. Hinchey, Maurice D. [D-NY-26]	NY	D	H000627	3	Expresses the sense of the Congress that the Federal Open Market Committee should promptly reduce the Federal Funds rate.	2025-01-02T17:43:54Z	https://www.congress.gov/bill/105th-congress/house-concurrent-resolution/329
105-s-2433	105	s	2433	Financial Information Privacy Act	Finance and Financial Sector	1998-09-02	1998-09-02	Read twice and referred to the Committee on Banking.	Senate	Sen. D'Amato, Alfonse [R-NY]	NY	R	D000018	3	Financial Information Privacy Act - Amends the Consumer Credit Protection Act to: (1) specify the types of enterprises constituting a financial institution within its purview; and (2) authorize the Board of Governors of the Federal Reserve System to prescribe regulations clarifying or describing the types of institutions which shall be treated as financial institutions for purposes of this Act. Declares it a violation of this Act to obtain or disclose under false pretenses customer information of a financial institution. Grants the Federal Trade Commission (FTC), certain banking regulatory agencies, and the States enforcement powers under this Act. Subjects violations of this Act to civil liability for damages and Federal criminal penalties. Requires each Federal banking agency to issue advisories to depository institutions within its purview in order to assist in deterring and detecting the acts proscribed by this Act. Requires the Comptroller General to report to the Congress on: (1) the efficacy and adequacy of the remedies provided in this Act; and (2) recommendations for additional action to address threats to the privacy of financial information.	2025-08-21T16:11:37Z	https://www.congress.gov/bill/105th-congress/senate-bill/2433
105-hr-4420	105	hr	4420	Depository Institution Merger Pledge Enforcement Act	Finance and Financial Sector	1998-08-06	1998-08-07	Sponsor introductory remarks on measure. (CR E1570-1571)	House	Rep. LaFalce, John J. [D-NY-29]	NY	D	L000556	0	Depository Institution Merger Pledge Enforcement Act - Amends the Federal Deposit Insurance Act to mandate that certain Federal banking regulatory agencies establish and maintain procedures for monitoring, on an ongoing basis, depository institution and depository institution holding company compliance with merger and acquisition pledges, including any pledge or commitment relating to community lending and investment. Requires such agencies to publish in the Federal Register any finding of noncompliance. Authorizes the agencies to take such noncompliance into account when making future decisions regarding the depository institution.	2025-08-21T16:13:07Z	https://www.congress.gov/bill/105th-congress/house-bill/4420
105-hr-4445	105	hr	4445	Small Bank CRA Exemption Act	Finance and Financial Sector	1998-08-06	1998-08-06	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Bachus, Spencer [R-AL-6]	AL	R	B000013	2	Small Bank CRA Exemption Act - Amends the Community Reinvestment Act of 1977 to exclude depository institutions whose total assets do not exceed $250 million from its definition of regulated financial institution (thus exempting such entities from the requirements of the Act).	2025-08-21T16:14:00Z	https://www.congress.gov/bill/105th-congress/house-bill/4445
105-hr-4478	105	hr	4478	Depository Institution Customers Financial Privacy Enhancement Act of 1998	Finance and Financial Sector	1998-08-06	1998-08-07	Sponsor introductory remarks on measure. (CR E1603)	House	Rep. Markey, Edward J. [D-MA-7]	MA	D	M000133	4	Depository Institution Customers Financial Privacy Enhancement Act of 1998 - Amends the following Acts to prescribe guidelines under which the Federal banking agencies shall prescribe regulations requiring financial institutions to protect the confidentiality of financial information relating to their customers: (1) the Federal Deposit Insurance Act; (2) the Federal Credit Union Act; (3) the Bank Holding Company Act of 1956; and (4) the Home Owners' Loan Act.	2025-08-21T16:13:23Z	https://www.congress.gov/bill/105th-congress/house-bill/4478
105-hr-4479	105	hr	4479	Securities Investors Privacy Enhancement Act of 1998	Finance and Financial Sector	1998-08-06	1998-08-07	Sponsor introductory remarks on measure. (CR E1603)	House	Rep. Markey, Edward J. [D-MA-7]	MA	D	M000133	4	Securities Investors Privacy Enhancement Act of 1998 - Amends the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to prescribe guidelines under which registered securities associations, and the Securities and Exchange Commission, shall adopt rules and regulations requiring brokers and dealers to protect the confidentiality of financial information relating to their customers.	2025-08-21T16:14:39Z	https://www.congress.gov/bill/105th-congress/house-bill/4479
105-hr-4507	105	hr	4507	Financial Markets Reassurance Act of 1998	Finance and Financial Sector	1998-08-06	1998-08-27	Referred to the Subcommittee on Risk Management and Specialty Crops.	House	Rep. Smith, Robert [R-OR-2]	OR	R	S000607	2	Financial Markets Reassurance Act of 1998 - Prohibits, with specified exceptions, the Commodity Futures Trading Commission from proposing or issuing any rule or regulation that restricts or regulates activity in a qualifying hybrid instrument or swap agreement during a specified time period.	2025-08-21T16:11:49Z	https://www.congress.gov/bill/105th-congress/house-bill/4507
105-hr-4405	105	hr	4405	Federal Payments Option Act	Finance and Financial Sector	1998-08-05	1998-08-17	Referred to the Subcommittee on Civil Service.	House	Rep. Aderholt, Robert B. [R-AL-4]	AL	R	A000055	0	Federal Payments Option Act - Amends Federal monetary law to enable recipients of Federal payments to notify the Secretary of the Treasury in writing of their choice not to receive such payments by means of electronic funds transfer (under the EFT '99 program).	2025-08-21T16:14:38Z	https://www.congress.gov/bill/105th-congress/house-bill/4405
105-hr-4410	105	hr	4410	Credit Card On-Time Payment Protection Act of 1998	Finance and Financial Sector	1998-08-05	1998-08-05	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. LaFalce, John J. [D-NY-29]	NY	D	L000556	3	Credit Card On-Time Payment Protection Act of 1998 - Amends the Truth in Lending Act to prohibit a creditor from cancelling an account, imposing a minimum finance charge, imposing any fee in lieu of such charge, or imposing any other charge or penalty with respect to a credit card account under an open-end consumer credit plan solely on the basis that credit has been repaid in full before the end of any grace period.	2025-08-21T16:12:58Z	https://www.congress.gov/bill/105th-congress/house-bill/4410
105-hr-4388	105	hr	4388	Consumer Financial Privacy Protection Act of 1998	Finance and Financial Sector	1998-08-04	1998-08-05	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. LaFalce, John J. [D-NY-29]	NY	D	L000556	0	Consumer Financial Privacy Protection Act of 1998 - Amends the Consumer Credit Protection Act to add a new title entitled the Financial Institution Privacy Protection Act. Declares that financial institutions have an affirmative and continuing obligation to respect the privacy of their customers and to protect the security and confidentiality of customers' financial and personal information. Sets forth a statutory framework within which financial institutions shall establish administrative, technical, and physical safeguards to insure the security and confidentiality of financial and personal records and to protect against anticipated threats or hazards to the security or integrity of such records. Requires the Federal Trade Commission and, for specified cases, the financial regulatory agencies to enforce this Act. Subjects financial institutions to civil liability for harm sustained by a customer as a result of noncompliance with this Act.	2025-08-21T16:12:23Z	https://www.congress.gov/bill/105th-congress/house-bill/4388
105-hr-4393	105	hr	4393	Financial Contract Netting Improvement Act of 1998	Finance and Financial Sector	1998-08-04	1998-09-25	Placed on the Union Calendar, Calendar No. 428.	House	Rep. Leach, James A. [R-IA-1]	IA	R	L000169	1	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 insured depository institution which arises upon the appointment of the Federal Deposit Insurance Corporation (FDIC) as receiver at any time after such appointment. (Sec. 3) Declares that no provision of law shall be construed as limiting the right or power of the FDIC, or authorizing any court or agency to limit or delay, in any manner, the FDIC's right or power to transfer, disaffirm, or repudiate any qualified financial contract of a failed institution. Prohibits enforcement of a walkaway clause in a qualified financial contract of a failed insured depository institution (a clause that either does not create a payment obligation of a party, or extinguishes it solely because of such party's status as a nondefaulting party). (Sec. 4) Revises guidelines governing transfers of qualified financial contracts of an insolvent institution to include: (1) transfers to a foreign bank or foreign financial institution (including its branch or agency) (but only when the contractual rights of the parties to such qualified financial contracts are enforceable substantially to the same extent as permitted under such Act); and (2) transfers of contracts subject to the rules of a clearing organization. Defines financial institution to include a broker or dealer, a depository institution, a futures commission merchant, or any other institution as determined by FDIC regulation. Suspends certain termination rights of counterparties to a qualified financial contract with an insolvent insured depository institution until after the receiver's appointment, or after receipt of notice that the contract h…	2025-04-07T15:32:25Z	https://www.congress.gov/bill/105th-congress/house-bill/4393
105-hr-4395	105	hr	4395	Real Estate Transaction Privacy Promotion Act	Finance and Financial Sector	1998-08-04	1998-08-05	Referred to the Subcommittee on Housing and Community Opportunity.	House	Rep. Rivers, Lynn N. [D-MI-13]	MI	D	R000281	3	Real Estate Transaction Privacy Promotion Act - Amends the Real Estate Settlement Procedures Act of 1974 to prohibit a creditor from requiring a borrower to furnish (through a copy of Internal Revenue Service Form 4506) open-ended access to such borrower's tax records as a condition of making a federally related mortgage loan, unless the form: (1) is fully completed before signing by the borrower; (2) specifically requests tax information for not more than the two tax periods most recently completed as of the date that the form is signed; and (3) is completed, signed, and dated not later than the date of settlement involving such loan. Directs the Secretary of Housing and Urban Development to explain such proscription and attendant penalties in the special information booklet mandated by the Act.	2025-08-21T16:13:29Z	https://www.congress.gov/bill/105th-congress/house-bill/4395
105-hr-4364	105	hr	4364	Depository Institution Regulatory Streamlining Act of 1998	Finance and Financial Sector	1998-07-31	1998-10-09	Received in the Senate.	House	Rep. Roukema, Marge [R-NJ-5]	NJ	R	R000465	1	TABLE OF CONTENTS: Title I: Improving Monetary Policy Title II: Improving Depository Institution Management Practices Subtitle A: National Banks Subtitle B: Savings Associations Subtitle C: Other Institutions Title III: Streamlining Federal Banking Agency Requirements and Elimination of Unnecessary or Outdated Requirements Title IV: Disclosure Simplification Title V: Bank Examination Report Privilege Act Title VI: Technical Corrections Title VII: Special Reserve Funds Depository Institution Regulatory Streamlining Act of 1998 - Title I: Improving Monetary Policy - Amends the Federal Reserve Act (FRA) to authorize payment of interest quarterly to depository institutions on required reserve balances maintained at a Federal reserve bank. (Sec. 102) Amends the Federal Deposit Insurance Act (FDIA) to authorize a depository institution to permit the holder of an interest-bearing account to: (1) make interaccount transfers; and (2) make withdrawals by negotiable or transferable instruments for transfers to third parties. Amends the following statutes to repeal the prohibition on payment of interest on demand deposits: (1) the FRA; (2) the Home Owners' Loan Act (HOLA); and (3) the FDIA. (Sec. 103) Extends from FY 1998 to FY 2003 the mandate for transfer of certain Federal reserve bank surplus funds into the general fund of the Treasury. Prohibits a Federal reserve bank from replenishing its surplus fund by the amount of such transfer during the fiscal year for which the transfer was made. (Sec. 104) Requires the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) to study and report to the Congress on the adequacy of the deposit insurance funds. Title II: Improving Depository Institution Management Practices - Subtitle A: National Banks - Amends the Banking Act of 1933 to authorize the Comptroller of the Currency to exempt a national banking association from the 25-member limitation placed on its board …	2025-04-07T15:23:38Z	https://www.congress.gov/bill/105th-congress/house-bill/4364
105-hr-4353	105	hr	4353	International Anti-Bribery and Fair Competition Act of 1998	Finance and Financial Sector	1998-07-30	1998-10-09	Laid on the table. See S. 2375 for further action. (consideration: CR H10309)	House	Rep. Bliley, Tom [R-VA-7]	VA	R	B000556	10	International Anti-Bribery and Fair Competition Act of 1998 - Revises the Securities Exchange Act of 1934 and the Foreign Corrupt Practices Act of 1977 to prohibit conduct intended to secure improper advantages from foreign officials by: (1) issuers of securities; (2) officials of international organizations; and (3) domestic concerns. (Sec. 2) Redefines "foreign official" to include an official of a public international organization. Defines such an organization as either one designated by Executive order pursuant to the International Organizations Immunities Act, or any other international organization designated by Executive order of the President. (Sec. 3) Declares that it is unlawful for any issuer organized under the laws of the United States (or any U.S. person acting on the issuer's behalf) to corruptly do specified prohibited acts outside of the United States. (Sec. 4) Amends the Foreign Corrupt Practices Act of 1977 to proscribe specified foreign trade practices by a covered person (or any officer, director, employee, agent, or stockholder thereof) while in United States territory. Sets forth affirmative defenses to enforcement actions. Authorizes the Attorney General to bring a civil action in Federal district court to enjoin such proscribed actions. Prescribes civil and criminal penalties for violations of this Act. (Sec. 5) Declares that, for purposes of the Securities Exchange Act of 1934 and the Foreign Corrupt Practices Act of 1977, an international organization providing commercial communications services shall be treated as a public international organization until the President certifies to certain congressional committees that it has achieved a privatization consistent with Federal policy of obtaining full and open competition, and nondiscriminatory market access in the provision of satellite services (pro-competitive privatization). Prohibits such certification from being construed to affect Federal Communications Commission (FCC) authorization of services to, from, or within the United St…	2025-04-07T15:33:30Z	https://www.congress.gov/bill/105th-congress/house-bill/4353
105-hr-4359	105	hr	4359	To amend the Federal Reserve Act to broaden the range of discount window loans which may be used as collateral for Federal reserve notes.	Finance and Financial Sector	1998-07-30	1998-07-30	Referred to the House Committee on Banking and Financial Services.	House	Rep. Leach, James A. [R-IA-1]	IA	R	L000169	3	Amends the Federal Reserve Act to expand the types of collateral security which may be required in a Federal Reserve bank application for Federal Reserve notes to include: (1) acceptances acquired under provisions for emergency advances to member banks; (2) receipts of deposits and collections; and (3) discounts of agricultural paper.	2025-01-02T17:50:56Z	https://www.congress.gov/bill/105th-congress/house-bill/4359
105-s-2375	105	s	2375	International Anti-Bribery and Fair Competition Act of 1998	Finance and Financial Sector	1998-07-30	1998-11-10	Became Public Law No: 105-366.	Senate	Sen. D'Amato, Alfonse [R-NY]	NY	R	D000018	0	International Anti-Bribery and Fair Competition Act of 1998 - Revises the Securities Exchange Act of 1934 and the Foreign Corrupt Practices Act of 1977 to prohibit conduct intended to secure improper advantages from foreign officials by: (1) issuers of securities; (2) officials of international organizations; and (3) domestic concerns. (Sec. 2) Redefines "foreign official" to include an official of a public international organization. Defines such an organization as either one designated by Executive order pursuant to the International Organizations Immunities Act, or any other international organization designated by Executive order of the President. (Sec. 3) Declares that it is unlawful for any issuer organized under the laws of the United States (or any U.S. person acting on the issuer's behalf) to corruptly do specified prohibited acts outside of the United States. (Sec. 4) Amends the Foreign Corrupt Practices Act of 1977 to proscribe specified foreign trade practices by a covered person (or any officer, director, employee, agent, or stockholder thereof) while in United States territory. Sets forth affirmative defenses to enforcement actions. Authorizes the Attorney General to bring a civil action in Federal district court to enjoin such proscribed actions. Prescribes civil and criminal penalties for violations of this Act. (Sec. 5) Declares that, for purposes of the Securities Exchange Act of 1934 and the Foreign Corrupt Practices Act of 1977, an international organization providing commercial communications services shall be treated as a public international organization until the President certifies to certain congressional committees that it has achieved a privatization consistent with Federal policy of obtaining full and open competition, and nondiscriminatory market access in the provision of satellite services (pro-competitive privatization). Prohibits such certification from being construed to affect Federal Communications Commission authorization of services to, from, or within the United States o…	2025-04-07T15:32:26Z	https://www.congress.gov/bill/105th-congress/senate-bill/2375
105-hr-4348	105	hr	4348	Bank Investment in Subsurface Rights Act	Finance and Financial Sector	1998-07-29	1998-08-05	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Sessions, Pete [R-TX-5]	TX	R	S000250	0	Bank Investment in Subsurface Rights Act - Amends the Revised Statutes of the United States governing the national banks to cite circumstances under which a national bank may hold, passively, subsurface real estate rights. Authorizes the Comptroller of the Currency to order a national bank to divest itself of such rights if the Comptroller determines that continued ownership is detrimental to its interests.	2025-08-21T16:13:54Z	https://www.congress.gov/bill/105th-congress/house-bill/4348
105-hr-4329	105	hr	4329	United States Statue of Liberty $1 Coin Act of 1998	Finance and Financial Sector	1998-07-24	1998-08-05	Referred to the Subcommittee on Domestic and International Monetary Policy.	House	Rep. Castle, Michael N. [R-DE-At Large]	DE	R	C000243	0	United States Statue of Liberty $1 Coin Act of 1998 - Amends Federal currency law to require the obverse side of the $1 coin to have a design depicting the Statue of Liberty.	2025-08-21T16:12:21Z	https://www.congress.gov/bill/105th-congress/house-bill/4329
105-hr-4321	105	hr	4321	Financial Information Privacy Act of 1998	Finance and Financial Sector	1998-07-23	1998-09-25	Placed on the Union Calendar, Calendar No. 430.	House	Rep. Leach, James A. [R-IA-1]	IA	R	L000169	8	Financial Information Privacy Act of 1998 - Amends the Consumer Credit Protection Act to: (1) specify the types of enterprises constituting a financial institution within its purview (including any broker or dealer, investment adviser or investment company, and any insurance company); and (2) authorize the Federal Trade Commission (FTC) to prescribe regulations clarifying or describing the types of institutions which shall be treated as financial institutions for purposes of this Act. (Sec. 2) Declares it a violation of this Act to obtain or solicit customer information of a financial institution relating to another person under false pretenses. Exempts from such proscription: (1) law enforcement agencies; (2) financial institutions engaged in testing security procedures, investigating misconduct or negligence, or recovering customer information obtained or received under false pretenses; (3) investigations of insurance fraud by an insurance entity; and (4) customer information of financial institutions available as a public record under Federal securities laws. Grants the FTC, certain banking regulatory agencies, and the States enforcement powers under this Act (including the power to require payment of damages as restitution by the violating party to the damaged person). Directs the FTC to notify the Securities and Exchange Commission (SEC) whenever it initiates an investigation of a financial institution subject to SEC oversight. Subjects violations of this Act to Federal civil and criminal penalties. Requires each Federal banking agency and the SEC or self regulatory organizations, as appropriate, to review regulations and guidelines applicable to financial institutions under their respective jurisdictions, and prescribe revisions as necessary to ensure policies, procedures, and controls relating to the deterrence and detection of the activities proscribed by this Act. Requires the Comptroller General to report to the Congress on: (1) the efficacy and adequacy of the remedies provided in this Act; and (2)…	2025-04-07T15:31:26Z	https://www.congress.gov/bill/105th-congress/house-bill/4321
105-hr-4311	105	hr	4311	Electronic Funds Transfer Account Improvement and Recipient Protection Act	Finance and Financial Sector	1998-07-22	1998-07-28	Referred to the Subcommittee on Government Management, Information and Technology.	House	Rep. Vento, Bruce F. [D-MN-4]	MN	D	V000087	10	Electronic Funds Transfer Account Improvement and Recipient Protection Act - Amends Federal law to mandate that the head of each Federal agency that disburses retirement or benefit payments give the recipient written notice of available consumer protections with respect to electronic funds transfer, including the right to elect whether or not to receive those payments by electronic funds transfer to an account established for the recipient by the Secretary. Prohibits the agent designated to receive a recipient's transfers from imposing a transaction fee exceeding the national average charged to all consumers for similar transactions. Requires such agent to permit five such transactions each month without charge. Treats violations of such requirements as violations of the Electronic Funds Transfer Act. Directs the Secretary of the Treasury, acting through the Financial Management Service, to report to the Congress on the implications of the year 2000 (Y2K) computer problem for implementation of Federal requirements that Federal payments be made by electronic funds transfer. Expresses the sense of the Congress that the Commissioner of Social Security and the Secretary of Veterans Affairs should ensure that personnel of their agencies are fully trained to respond to telephone inquiries regarding all alternatives for receiving Federal payments by electronic funds transfer or other means.	2026-03-23T12:17:56Z	https://www.congress.gov/bill/105th-congress/house-bill/4311
105-hr-4269	105	hr	4269	Fairness in Securities Transactions Act	Finance and Financial Sector	1998-07-17	1998-07-28	Referred to the Subcommittee on Finance and Hazardous Materials.	House	Rep. Forbes, Michael P. [R-NY-1]	NY	R	F000257	4	Fairness in Securities Transactions Act - Amends the Securities Exchange Act of 1934 to reduce by half ( from one three-hundredth of one percent to one six-hundredth of one percent) the transaction fees designed to recover the costs to the Government of securities markets oversight and enforcement.	2025-08-21T16:14:07Z	https://www.congress.gov/bill/105th-congress/house-bill/4269
105-hr-4239	105	hr	4239	Financial Contract Netting Improvement Act of 1998	Finance and Financial Sector	1998-07-16	1998-07-28	Referred to the Subcommittee on Finance and Hazardous Materials, for a period to be subsequently determined by the Chairman.	House	Rep. Leach, James A. [R-IA-1]	IA	R	L000169	3	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) Excludes from the meaning of securities contract (which may be terminated or repudiated by a conservator or receiver) any agreement (with specified exceptions) providing for the transfer of securities against the transfer of funds by the securities transferee with a simultaneous agreement by such transferee to transfer certain securities to the original transferor against the transfer of funds. Excludes from the meaning of swap agreement any transaction, no matter how documented, that is in substance a commercial, consumer, or industrial loan. 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 depository institution which arises upon the appointment of the Federal Deposit Insurance Corporation (FDIC) as receiver at any time after such appointment. (Sec. 3) Declares that no provision of law shall be construed as limiting the right or power of the FDIC, or authorizing any court or agency to limit or delay, in any manner, the FDIC's right or power to transfer, disaffirm, or repudiate any qualified financial contract of a failed institution. Prohibits enforcement of a walkaway clause in a qualified financial contract of a failed insured depository institution (a clause that either does not create a payment obligation of a party, or extinguishes it solely because of such party's status as a nondefaulting party). (Sec. 4) Revises guidelines governing transfers of qualified financial contracts of an insolvent institution to include: (1) transfers to a foreign bank or foreign financial institution (including its branch or agency) (but only when the contractual rights of the parties to such qualified financial contracts are enforc…	2025-08-21T16:14:39Z	https://www.congress.gov/bill/105th-congress/house-bill/4239
105-hr-4253	105	hr	4253	Wire Transfer Equity Act of 1998	Finance and Financial Sector	1998-07-16	1998-08-05	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Gutierrez, Luis V. [D-IL-4]	IL	D	G000535	0	Wire Transfer Equity Act of 1998 - Amends the Electronic Funds Transfer Act with respect to the exchange rate a financial institution or money transmitting business uses for the currency of the country to which a transfer is made on behalf of a consumer. Prohibits such rate from exceeding by more than five percent the New York foreign exchange selling rate for such currency, as published in the Wall Street Journal on the last business day preceding the transaction date.	2025-08-21T16:13:57Z	https://www.congress.gov/bill/105th-congress/house-bill/4253
105-hr-4213	105	hr	4213	Savings and Investment Relief Act of 1998	Finance and Financial Sector	1998-07-14	1998-10-01	Sponsor introductory remarks on measure. (CR E1874)	House	Rep. Solomon, Gerald B. H. [R-NY-22]	NY	R	S000675	62	Savings and Investment Relief Act of 1998 - Amends the Securities Exchange Act of 1934 with respect to transaction fees for both exchange-traded and exchange-regulated securities and off-exchange trades of last-sale-reported securities. Directs the Securities and Exchange Commission (SEC) to prescribe annually a fiscal year fee limitation based upon the pro rata share of the aggregate dollar amount of securities sales, so that total fee payments will not exceed specified limits. Requires each national securities exchange and national securities association to adopt implementing rules which provide fee reductions for all market participants. Directs the SEC to report annually to the Congress on the total amount of transaction fees collected by each national securities exchange and national securities association. Authorizes future appropriations Acts to increase such fee limitations in any year in which the total fees collected are insufficient for SEC budget authority provided under such Acts.	2025-08-21T16:12:34Z	https://www.congress.gov/bill/105th-congress/house-bill/4213
105-s-2270	105	s	2270	Bank Insurance Fund Rebate Act of 1998	Finance and Financial Sector	1998-07-07	1998-07-07	Read twice and referred to the Committee on Banking.	Senate	Sen. Faircloth, Lauch [R-NC]	NC	R	F000437	0	Bank Insurance Fund Rebate Act of 1998 - Amends the Federal Deposit Insurance Act governing refunds of assessments imposed upon insured depository institutions to provide that a refund for any semiannual assessment period may exceed that of the previous period if the amount of actual deposit insurance fund reserves exceeds a ratio of 1.5 percent.	2025-08-21T16:11:27Z	https://www.congress.gov/bill/105th-congress/senate-bill/2270
105-hr-4145	105	hr	4145	Anti-Redlining Insurance Disclosure Act of 1998	Finance and Financial Sector	1998-06-25	1998-07-17	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Jackson, Jesse L., Jr. [D-IL-2]	IL	D	J000283	32	Anti-Redlining Insurance Disclosure Act of 1998 - Requires designated insurers to annually submit to the Secretary of Housing and Urban Development and make available to the public with respect to types of insurance in designated metropolitan statistical areas (MSA) information concerning: (1) total numbers of policies, exposure units, and premiums; (2) property claims by type; (3) underwriting standards; and (4) licensed agents. Requires nondesignated insurers to submit to the Secretary their annual total exposure units (in car and house years) of policies in a designated line sold in their MSA. Exempts insurers in States with substantially similar disclosure provisions from such requirements. Directs the Secretary to: (1) provide for specification of collected data; and (2) implement a public access system to such insurance information. (Sec. 4) Directs the Secretary to designate: (1) MSAs for which reporting is required; and (2) insurers. Sets forth the following insurance lines requiring reporting: (1) automobile insurance; (2) homeowners insurance; (3) dwelling fire insurance; (4) small business insurance; and (5) surety bonds. (Authorizes the Secretary to designate additional insurance lines.) (Sec. 5) Sets forth disclosure requirements for rejected insurance applicants. (Sec. 6) Directs the Secretary to establish a task force on insurance agency appointments which shall: (1) review and recommend solutions to improve inner city and minority insurance agents' ability to market insurance products, including steps to increase minority appointments. (Sec. 9) Directs the Secretary to annually collect and make available to the public insurance data from each designated MSA. (Sec. 10) Sets forth civil and injunctive remedies for agent violations of this Act. (Sec. 11) Terminates this Act five years from its effective date (with a two-year discretionary extension). (Sec. 12) Directs the Secretary to conduct studies of: (1) insurance applicants; (2) insurer actions to meet needs of minority and low- and modera…	2025-08-21T16:12:49Z	https://www.congress.gov/bill/105th-congress/house-bill/4145
105-hr-4120	105	hr	4120	Savings and Investment Relief Act of 1998	Finance and Financial Sector	1998-06-23	1998-06-30	Referred to the Subcommittee on Finance and Hazardous Materials.	House	Rep. Solomon, Gerald B. H. [R-NY-22]	NY	R	S000675	1	Savings and Investment Relief Act of 1998 - Amends the Securities Exchange Act of 1934 with respect to transaction fees for both exchange-traded and exchange-regulated securities and off-exchange trades of last-sale-reported securities. Directs the Securities and Exchange Commission (SEC) to prescribe annually a fiscal year fee limitation based upon the pro rata share of the aggregate dollar amount of securities sales, so that total fee payments will not exceed specified limits. Requires each national securities exchange and national securities association to adopt implementing rules which provide fee reductions for all market participants. Directs the SEC to report annually to the Congress on the total amount of transaction fees collected by each national securities exchange and national securities association. Authorizes future appropriations Acts to increase such fee limitations in any year in which the total fees collected are insufficient for SEC budget authority provided under such Acts.	2025-08-21T16:12:01Z	https://www.congress.gov/bill/105th-congress/house-bill/4120
105-hr-4082	105	hr	4082	Small Business Interest Checking Act of 1998	Finance and Financial Sector	1998-06-18	1998-06-26	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Kelly, Sue W. [R-NY-19]	NY	R	K000078	0	Small Business Interest Checking Act of 1998 - Amends the Federal Deposit Insurance Act to provide that any depository institution may permit: (1) the owner of any interest-bearing or dividend-earning account to make up to 24 transfers per month, for any purpose, to another account of the owner in the same institution; and (2) the owner of any deposit or account (negotiable order of withdrawal, or NOW, account) to make withdrawals by negotiable or transferable instruments for the purpose of making payments to third parties. Amends the Federal Reserve Act, the Home Owners' Loan Act, and the Federal Deposit Insurance Act to repeal the proscription against interest payments on demand deposits. Amends the Federal Reserve Act to: (1) mandate quarterly payment of interest on depository institution reserve requirement balances; and (2) authorize a reduction to zero percent of the mandatory ratios for such reserve requirements (which would thus eliminate such reserve requirements).	2025-08-21T16:13:04Z	https://www.congress.gov/bill/105th-congress/house-bill/4082
105-hr-4062	105	hr	4062	Financial Derivatives Supervisory Improvement Act of 1998	Finance and Financial Sector	1998-06-16	1998-07-24	Committee Hearings Held.	House	Rep. Leach, James A. [R-IA-1]	IA	R	L000169	6	Financial Derivatives Supervisory Improvement Act of 1998 - Establishes the Working Group on Financial Derivatives to study and report to the Congress on: (1) the regulation of derivatives markets in which domestic and foreign depository institutions and registered brokers and dealers participate; and (2) any recommendations for modernizing and harmonizing statutes, regulations, and policies. Urges the Group to assign a high priority to continual negotiations to ensure that foreign markets and regulatory bodies establish and maintain regulations comparably prudent to those governing the U.S. markets. Prohibits the Commodity Futures Trading Commission, for a specified time period, without the Secretary of the Treasury's approval, from promulgating or proposing regulations, or issuing any interpretive or policy statements that regulate or restrict activity in certain hybrid instruments and swap agreements. Declares that any such hybrid instruments or swap agreements entered into before such period shall not be subject to the Commodity Exchange Act's restriction of futures contracts or exempted securities.	2025-08-21T16:14:16Z	https://www.congress.gov/bill/105th-congress/house-bill/4062
105-s-2165	105	s	2165	Money Laundering Deterrence Act of 1998	Finance and Financial Sector	1998-06-11	1998-06-11	Read twice and referred to the Committee on Banking.	Senate	Sen. Grassley, Chuck [R-IA]	IA	R	G000386	1	Money Laundering Deterrence Act of 1998 - Revises Federal law to expand the scope of immunity from civil liability for disclosures of suspicious monetary transactions made by: (1) a financial institution and any of its directors, officers, employees, or agents to an appropriate governmental agency; or (2) an independent accountant who audits a financial institution. Extends such immunity to any failure to notify either the subject of such disclosure, or any other person identified in it. (Sec. 3) Prohibits notification of such disclosures or their contents: (1) to any person involved in the suspect transaction; or (2) by any government staff to other government agencies. Exempts from such prohibition any use of related information by government officers in the conduct of either official duties or law enforcement, regulatory, or investigative proceedings. States that written employment references submitted by a financial institution to another upon request may disclose information concerning possible involvement in suspicious transactions relevant to possible illegalities. Shields from civil liability any financial institution and its directors, officers, employees, and agents for any such disclosures. Authorizes the Secretary to disseminate information contained in such reports to certain self-regulatory organizations subject to the Securities Exchange Act of 1934, if the Securities and Exchange Commission determines it is necessary or appropriate for such organizations' statutory functions. (Sec. 4) Authorizes the Secretary to summon financial institution records in connection with examinations to determine compliance with designated statutory requirements. (Sec. 5) Provides for civil and criminal penalties for violations of orders the Secretary of the Treasury may issue to a financial institution or group of financial institutions in a geographic area (geographic targeting orders). Increases civil and criminal penalties for violations of specified recordkeeping requirements. Amends the Federal Deposit Ins…	2025-08-21T16:14:40Z	https://www.congress.gov/bill/105th-congress/senate-bill/2165
105-s-2153	105	s	2153	Federal Reserve Fiscal Accountability Act of 1998	Finance and Financial Sector	1998-06-10	1998-06-10	Read twice and referred to the Committee on Banking.	Senate	Sen. Dorgan, Byron L. [D-ND]	ND	D	D000432	1	Federal Reserve Fiscal Accountability Act of 1998 - Directs the Comptroller General to identify and report to the Congress on those functions and activities of the Board of Governors of the Federal Reserve System (the Board) and of each Federal Reserve bank that are directly related to the establishment and conduct of United States monetary policy. (Sec. 3) Mandates that: (1) after submission of such report all Board and Federal reserve bank expenditures be made only as provided in advance in appropriations Acts; and (2) the Comptroller General submit an annual status report to the Congress on the compliance of the Board and the Federal reserve banks with such requirements. (Sec. 4) Amends the Federal Reserve Act to abolish the Federal reserve bank surplus fund and attendant payments to the Treasury of certain amounts from such funds. Requires each Federal reserve bank to transfer all funds held in such surplus account to the Board for transfer to the Secretary of the Treasury for deposit in the Treasury general fund. Instructs the Comptroller General to determine and report to the Congress the percentage of Federal reserve banks' net earnings that should be deposited annually into the Treasury general fund. (Sec. 5) Mandates: (1) an annual independent audit of each Federal reserve bank; and (2) annual submission of auditors' reports by the Board to the Congress regarding Federal reserve banks' compliance with fee schedule requirements. (Sec. 6) Directs the Board to obtain annual independent audits of the consolidated financial statements of the Federal Reserve System based upon audit reports of the Board and of the Federal reserve banks. (Sec. 7) Applies specified Federal procurement procedures to the Board and the Federal reserve banks as if they were executive agencies. (Sec. 8) Makes the transportation of paper checks in the clearing process a service covered by the Federal reserve banks' fee schedule. Modifies fee schedule guidelines to require that fees be established in each fiscal year (current law stat…	2025-08-21T16:14:39Z	https://www.congress.gov/bill/105th-congress/senate-bill/2153
105-hr-4005	105	hr	4005	Money Laundering Deterrence Act of 1998	Finance and Financial Sector	1998-06-05	1998-10-06	Received in the Senate.	House	Rep. Leach, James A. [R-IA-1]	IA	R	L000169	13	Money Laundering Deterrence Act of 1998 - Revises Federal law to extend immunity from civil liability for disclosures to an appropriate government agency regarding suspicious monetary transactions to: (1) an independent accountant who audits a financial institution; as well as (2) any informant in contravention of the terms of any legally enforceable agreement, including an arbitration agreement. Extends such immunity to any failure to notify either the subject of such disclosure, or any other person identified in it. (Sec. 3) Excepts from such immunity a disclosure or communication required under Federal securities law, other than provisions that specifically refer to the Currency and Foreign Transactions Reporting Act of 1970. Includes disclosure of any information in a suspicious activity report in the current prohibition against notifying any person involved in a suspect transaction that it has been reported. Extends such notification and disclosure prohibition to any other person, including any government staff, who has knowledge that such a report was made. Permits written employment references submitted by one financial institution to another upon request to disclose information concerning possible involvement in suspicious transactions relevant to possible illegalities, but does not permit disclosure of the fact that such information was reported to government authorities. Shields from civil liability any financial institution, including its personnel and agents, for making such disclosures. Authorizes the Secretary of the Treasury to disseminate information contained in such reports to certain self-regulatory organizations subject to the Securities Exchange Act of 1934, if the Securities and Exchange Commission determines it is necessary or appropriate for such organizations' statutory functions. (Sec. 4) Authorizes the Secretary to summon financial institution records in connection with examinations to determine compliance with designated statutory requirements. (Sec. 5) Provides for civil and crimin…	2025-04-07T15:33:52Z	https://www.congress.gov/bill/105th-congress/house-bill/4005
105-s-2053	105	s	2053	Liberty Dollar Bill Act	Finance and Financial Sector	1998-05-07	1998-05-07	Read twice and referred to the Committee on Banking.	Senate	Sen. Warner, John [R-VA]	VA	R	W000154	1	Liberty Dollar Bill Act - Amends Federal law to mandate that the design of the reverse side of $1 Federal reserve notes, in a form the Secretary of the Treasury deems appropriate, incorporate: (1) the preamble to the Constitution; (2) a list of the Articles of the Constitution; and (3) a list of the first ten amendments to the Constitution. States that such requirements do not limit the authority of the Secretary to: (1) include other inscriptions or material on the reverse side of $1 dollar bills; or (2) adopt other design features to deter counterfeiting of currency.	2025-08-21T16:12:05Z	https://www.congress.gov/bill/105th-congress/senate-bill/2053
105-hr-3801	105	hr	3801	To amend title 11 of the United States Code to modify the application of chapter 7 relating to liquidation cases.	Finance and Financial Sector	1998-05-06	1998-05-14	Referred to the Subcommittee on Commercial and Administrative Law.	House	Rep. Andrews, Robert E. [D-NJ-1]	NJ	D	A000210	0	Amends Federal bankruptcy law to prescribe guidelines for a needs-based bankruptcy system which precludes individuals from filing for complete relief in bankruptcy under chapter 7 (Liquidation) if certain current monthly income is available to pay creditors. Sets forth formulae for income levels determinative of debtor eligibility for bankruptcy relief. Treats as having income available to pay creditors (and thus eligible for chapter 13 Adjustment of Debts of an Individual with Regular Income) any individual (or in a joint case, an individual and spouse combined) with: (1) a current monthly total income exceeding 75 percent of the State median family income for a family of equal size (or for one earner, 75 percent of the State median household income); (2) projected monthly net income exceeding $50; and (3) projected monthly net income sufficient to repay 20 percent or more of unsecured non-priority claims during a five-year repayment plan. Requires a party in interest to pay debtor's legal costs if such party fails to prevail on a procedural action to cause the dismissal or conversion of a chapter 7 case on the basis that the individual may not be a chapter 7 debtor. Requires a trustee to: (1) investigate and verify the debtor's monthly net income and other specified information the debtor provides; and (2) report annually to the court, with copies to claimholders, on any appropriate modification of the amount paid creditors under the plan because of changes in the debtor's monthly net income.	2025-01-02T17:50:01Z	https://www.congress.gov/bill/105th-congress/house-bill/3801
105-hr-3792	105	hr	3792	Liberty Dollar Bill Act	Finance and Financial Sector	1998-05-05	1998-05-29	Referred to the Subcommittee on Domestic and International Monetary Policy.	House	Rep. Bliley, Tom [R-VA-7]	VA	R	B000556	56	Liberty Dollar Bill Act - Amends Federal law to mandate that the design of the reverse side of $1 Federal reserve notes incorporate: (1) the preamble to the Constitution; (2) a list describing the Articles of the Constitution; and (3) a list describing the Articles of Amendment. Prescribes the design format. States that such requirements do not limit the authority of the Secretary of the Treasury to: (1) include other inscriptions or material on the reverse side of $1 dollar bills; or (2) adopt other design features to deter counterfeiting of currency.	2025-08-21T16:14:56Z	https://www.congress.gov/bill/105th-congress/house-bill/3792
105-hr-3760	105	hr	3760	Bank Merger Money Laundering Prevention Act	Finance and Financial Sector	1998-04-29	1998-05-18	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Waters, Maxine [D-CA-35]	CA	D	W000187	8	Bank Merger Money Laundering Prevention Act - Amends the Bank Holding Company Act of 1956 to require the Board of Governors of the Federal Reserve System, upon receipt of a bank holding company's acquisition or merger application, to: (1) consider a company's effectiveness in combating and preventing money laundering activities; (2) refrain from considering the application of any company which is the subject of a pending Federal investigation or prosecution for money laundering or related financial crimes until such Federal proceeding is completed; and (3) disapprove the application of any company found criminally or civilly liable for money laundering or related financial crime during the five-year period preceding the Board's consideration of its application.	2025-08-21T16:12:39Z	https://www.congress.gov/bill/105th-congress/house-bill/3760
105-s-1986	105	s	1986	Federal Home Loan Bank System Regulatory Restructuring Act of 1998	Finance and Financial Sector	1998-04-24	1998-04-24	Read twice and referred to the Committee on Banking.	Senate	Sen. D'Amato, Alfonse [R-NY]	NY	R	D000018	1	Federal Home Loan Bank System Regulatory Restructuring Act of 1998 - Amends the Federal Home Loan Bank Act to abolish the Federal Housing Finance Board and transfer its oversight functions for safety and soundness to the Director of Office of Federal Housing Enterprise Oversight, and its mission oversight to the Department of Housing and Urban Development. Makes technical and conforming amendments to the Federal Housing Enterprise Financial Safety and Soundness Act of 1992.	2025-08-21T16:11:56Z	https://www.congress.gov/bill/105th-congress/senate-bill/1986
105-hr-3726	105	hr	3726	Wire Transfer Fairness and Disclosure Act of 1998	Finance and Financial Sector	1998-04-23	1998-04-30	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Gutierrez, Luis V. [D-IL-4]	IL	D	G000535	15	Wire Transfer Fairness and Disclosure Act of 1998 - Amends the Electronic Fund Transfer Act to require a financial institution or money transmitting business initiating an international money transfer on behalf of a consumer to disclose prominently on its premises and on its forms and receipts: (1) the exchange rate used in the transaction; (2) the exchange rate prevailing at a major financial center of the pertinent foreign country as of close of business on the business day immediately preceding the transaction date; and (3) all commissions and fees charged in such transaction. Requires such information to be: (1) included in print, broadcast, and electronic advertisements; and (2) in English and in the same language as principally used by the institution or money transmitting business to advertise, solicit, or negotiate at that office if other than English.	2025-08-21T16:11:19Z	https://www.congress.gov/bill/105th-congress/house-bill/3726
105-hr-3711	105	hr	3711	Parental Responsibility and Taxpayer Protection Amendment of 1998	Finance and Financial Sector	1998-04-22	1998-04-28	Referred to the Subcommittee on Commercial and Administrative Law.	House	Rep. Smith, Nick [R-MI-7]	MI	R	S000597	1	Parental Responsibility and Taxpayer Protection Amendment of 1998 - Amends Federal bankruptcy law to deny a discharge in bankruptcy of a debt owed by an individual to a governmental unit for costs incurred for the care or maintenance of the debtor's minor child.	2025-08-21T16:12:29Z	https://www.congress.gov/bill/105th-congress/house-bill/3711
105-hr-3693	105	hr	3693	Bankruptcy Abuse Reform Act of 1998	Finance and Financial Sector	1998-04-21	1998-04-23	Referred to the Subcommittee on Commercial and Administrative Law.	House	Rep. Barrett, Thomas M. [D-WI-5]	WI	D	B000177	0	Bankruptcy Abuse Reform Act of 1998 - Amends Federal bankruptcy law to preclude a debtor from exempting under State or local law an interest that exceeds $100,000 in value, in the aggregate, in: (1) real or personal property, or a cooperative that owns property, used by the debtor or his dependent as a residence; or (2) a burial plot for the debtor or a dependent.	2025-08-21T16:11:49Z	https://www.congress.gov/bill/105th-congress/house-bill/3693
105-s-1914	105	s	1914	Business Bankruptcy Reform Act	Finance and Financial Sector	1998-04-02	1998-06-01	Subcommittee on Oversight and Courts. Hearings held.	Senate	Sen. Grassley, Chuck [R-IA]	IA	R	G000386	0	TABLE OF CONTENTS: Title I: Health Care and Employee Benefits Title II: Financial Instruments Title III: Ancillary and Other Cross-Border Cases Title IV: Small Business Bankruptcy Title V: Bankruptcy Tax Issues Title VI: Miscellaneous Business Bankruptcy Reform Act - Title I: Health Care and Employee Benefits - Amends the Federal bankruptcy code to prescribe guidelines for disposal of the patient records of a health care business (including a hospital, a health maintenance organization, or a nursing home) that commences a proceeding for debtor relief. Provides for disposal with a State or Federal agency, the patient or an insurance provider, or by destruction. (Sec. 103) Allows an administrative expense claim for the costs of closing a health care business, including disposal of patient records and transfer of patients to another health care business. (Sec. 104) Requires the bankruptcy court to appoint an ombudsman to represent the interests of the patients of a health care business within 30 days after commencement of a case under chapter 7 (Liquidation), 9 (Adjustment of Debts of a Municipality), or 11 (Reorganization). (Sec. 105) Requires the bankruptcy trustee to use all reasonable and best efforts to transfer patients from the health care business in the process of being closed to an appropriate substitute. (Sec. 106) Allows employee pension plan contributions to be treated as an administrative expense of the debtor's estate. Provides for continuance of certain pension plan contributions by the bankruptcy trustee. (Sec. 108) Excludes from the property of the debtor business estate certain payroll deductions for health care insurance or pension contributions held by the debtor employer. Title II: Financial Instruments - Revises the definitions of forward contract, repurchase agreement, swap agreement, and securities and commodities contracts, and defines master netting agreement. States that the filing of a petition for debtor relief does not operate as an automatic st…	2025-08-21T16:13:13Z	https://www.congress.gov/bill/105th-congress/senate-bill/1914
105-hr-3617	105	hr	3617	Community Development Financial Institutions Fund Amendments Act of 1998	Finance and Financial Sector	1998-04-01	1998-08-04	Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.	House	Rep. Vento, Bruce F. [D-MN-4]	MN	D	V000087	1	Community Development Financial Institutions Fund Amendments Act of 1998 - Modifies the Community Development Banking and Financial Institutions Act of 1994 to expand its purposes to include promotion of economic revitalization and community development through incentives to insured depository institutions that increase lending and other assistance and investment in both economically distressed communities and community development financial institutions. (Sec. 2) Places the Community Development Financial Institutions Fund in the Department of the Treasury, and all Fund functions under the supervision of the Secretary of the Treasury. (Sec. 3) Authorizes the Fund to offer community development finance activity training programs through grants or cooperative agreements with other organizations (as well as directly or through contracts). Authorizes an insured depository institution to apply for any community enterprise assessment credit for any semiannual period for the amount of new originations of qualified loans and other assistance provided to community development financial institutions in distressed communities. Allows application for credit for the amount of the increase (currently, the amount) of deposits accepted from persons domiciled in the distressed community. Allows credits for assistance other than financial. Revises the formula for determining the amount of an assessment credit for all such activities with respect to new lifeline accounts. Expands the scope of assistance that the Community Enterprise Assessment Credit Board may take into account for purposes of community enterprise assessment credits. Permits the Board to: (1) establish guidelines for analyzing other than technical assistance by an institution to residents of a qualified distressed community; and (2) employ alternative criteria for defining distressed communities. (Sec. 4) Amends the Act to extend the authorization of appropriations for the Act and for small business capital enhancement. (Sec. 5) Amends the Riegle Community Deve…	2025-08-21T16:11:58Z	https://www.congress.gov/bill/105th-congress/house-bill/3617
105-hr-3662	105	hr	3662	U.S. Holocaust Assets Commission Act of 1998	Finance and Financial Sector	1998-04-01	1998-06-09	Laid on the table. See S. 1900 for further action. (consideration: CR H4273)	House	Rep. Leach, James A. [R-IA-1]	IA	R	L000169	35	U.S. Holocaust Assets Commission Act of 1998 - Establishes the Presidential Advisory Commission on Holocaust Assets in the United States to: (1) study and develop a historical record of the collection and disposition of specified assets of Holocaust victims in the possession or control of the Federal Government (including the Board of Governors of the Federal Reserve System and any Federal reserve bank), after January 30, 1933 (including certain gold assets obtained by the Nazi government of Germany from governmental institutions in Nazi-occupied areas); (2) coordinate its activities with private and governmental entities (including the international Washington Conference on Holocaust-era Assets); (3) encourage the National Association of Insurance Commissioners to report on Holocaust-related claims practices of insurance companies doing business in the United States after January 30, 1933, that issued insurance policies to individuals on designated Holocaust-victim lists; (4) review comprehensively research conducted by other entities regarding such assets in the United States; and (5) report its recommendations to the President. Instructs the President to report recommendations for action to the Congress. Directs the Administrator of General Services, upon Commission request, to provide administrative support services on a reimbursable basis. Authorizes appropriations for FY 1998 through 2000.	2025-04-07T15:23:38Z	https://www.congress.gov/bill/105th-congress/house-bill/3662
105-s-1900	105	s	1900	U.S. Holocaust Assets Commission Act of 1998	Finance and Financial Sector	1998-04-01	1998-06-23	Became Public Law No: 105-186.	Senate	Sen. D'Amato, Alfonse [R-NY]	NY	R	D000018	26	U.S. Holocaust Assets Commission Act of 1998 - Establishes the Presidential Advisory Commission on Holocaust Assets in the United States to: (1) study and develop an historical record of the collection and disposition of specified assets of Holocaust victims in the possession or control of the Federal Government (including the Board of Governors of the Federal Reserve System and any Federal reserve bank), after January 30, 1933 (including certain gold assets obtained by the Nazi government of Germany from governmental institutions in Nazi-occupied areas); (2) coordinate its activities with private and governmental entities (including the international Washington Conference on Holocaust-era Assets); (3) encourage the National Association of Insurance Commissioners to report on Holocaust-related claims practices of insurance companies doing business in the United States after January 30, 1933, that issued insurance policies to individuals on designated Holocaust-victim lists; (4) review comprehensively research conducted by other entities regarding such assets in the United States; and (5) report its recommendations to the President. Instructs the President to report recommendations for action to the Congress. Directs the Administrator of General Services, upon Commission request, to provide administrative support services on a reimbursable basis. Authorizes appropriations for FY 1998 through 2000.	2025-01-14T18:20:21Z	https://www.congress.gov/bill/105th-congress/senate-bill/1900
105-hr-3495	105	hr	3495	Fair ATM Fees for Consumers Act	Finance and Financial Sector	1998-03-18	1998-03-31	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Hinchey, Maurice D. [D-NY-26]	NY	D	H000627	0	Fair ATM Fees for Consumers Act - Amends the Electronic Fund Transfer Act to proscribe the assessment of an electronic terminal surcharge (ATM fee) against a consumer if the transaction: (1) neither relates to nor affects an account held by the consumer with the financial institution that owns or operates the electronic terminal; and (2) is conducted through a national or regional electronic banking network.	2025-08-21T16:13:35Z	https://www.congress.gov/bill/105th-congress/house-bill/3495
105-hr-3472	105	hr	3472	Digital Signature and Electronic Authentication Law (SEAL) of 1998	Finance and Financial Sector	1998-03-17	1998-03-31	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Cook, Merrill [R-UT-2]	UT	R	C000722	0	Digital Signature and Electronic Authentication Law (SEAL) of 1998 - Amends the Bank Protection Act of 1968 to authorize a financial institution to use electronic authentication in business transactions if it has entered into an agreement to do so with a counterparty, or has established a banking, financial or transactional system using electronic authentication. Empowers the appropriate Federal or State bank supervisor to preclude the use of electronic authentication if it determines that such use is inconsistent with or threatens the safety and soundness of the institution. Prohibits a State government, agency, or instrumentality from acting as digital certification authority or to impose imposing fees with respect to electronic authentication services. Requires the Board of Governors of the Federal Reserve System to report to the Congress on the use of electronic authentication, including certain considerations regarding consumer protections, and the international use of electronic authentication by financial institutions.	2025-08-21T16:13:56Z	https://www.congress.gov/bill/105th-congress/house-bill/3472
105-hr-3454	105	hr	3454	Federal Credit Union Membership Act of 1998	Finance and Financial Sector	1998-03-12	1998-03-17	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Ehrlich, Robert L., Jr. [R-MD-2]	MD	R	E000093	2	Federal Credit Union Membership Act of 1998 - Amends the Federal Credit Union Act to limit Federal credit union membership to: (1) a group which has a common bond of enterprise, trade, or association; or (2) groups within a well-defined community, neighborhood, or rural district with a population of 25,000 or less. Grandfathers any person or organization who: (1) was a member as of February 25, 1998; or (2) becomes a member of any group whose members constituted a portion of Federal credit union membership as of such date.	2025-08-21T16:11:47Z	https://www.congress.gov/bill/105th-congress/house-bill/3454
105-hr-3439	105	hr	3439	Credit Union Community Reinvestment Act	Finance and Financial Sector	1998-03-11	1998-03-17	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Kennedy, Joseph P., II [D-MA-8]	MA	D	K000110	1	Credit Union Community Reinvestment Act - Amends the Community Reinvestment Act of 1977 to declare that: (1) the field of membership of a credit union shall be treated as the community served by such union; and (2) insured credit unions have a continuing and affirmative obligation to help meet the credit needs of the community served by such unions. Directs the National Credit Union Administration Board to: (1) exercise its authority under the Federal Credit Union Act to encourage any insured credit union whose total assets exceed $25 million to help meet the credit needs of the community it serves; and (2) take such a credit union's record of meeting those needs into account in its evaluation of any application to expand the credit union's field of membership or to establish a deposit facility. Authorizes Board deference to the State regulator of a credit union for enforcement of any State law requirements that are no less stringent than those of the Act.	2025-08-21T16:11:40Z	https://www.congress.gov/bill/105th-congress/house-bill/3439
105-hr-3413	105	hr	3413	Federal Credit Union Membership Amendments of 1998	Finance and Financial Sector	1998-03-10	1998-03-17	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Baker, Richard H. [R-LA-6]	LA	R	B000072	0	Federal Credit Union Membership Amendments of 1998 - Amends the Federal Credit Union Act to permit any person or organization: (1) that is a Federal credit union member as of February 25, 1998, to retain member status after such date; and (2) that is or becomes a member of any group whose members constituted a portion of any Federal credit union membership as of that date to retain eligibility to become a credit union member by virtue of membership in a group.	2025-08-21T16:11:42Z	https://www.congress.gov/bill/105th-congress/house-bill/3413
105-hr-3265	105	hr	3265	Credit Union Membership Protection Act	Finance and Financial Sector	1998-02-25	1998-03-17	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Cannon, Chris [R-UT-3]	UT	R	C000116	66	Credit Union Membership Protection Act - Amends the Federal Credit Union Act to permit any person who is a Federal credit union member as of February 25, 1998, to retain member status if such status would be lost as a result of a certain Supreme Court decision construing membership criteria.	2025-08-21T16:14:25Z	https://www.congress.gov/bill/105th-congress/house-bill/3265
105-hr-3276	105	hr	3276	Credit Union Membership Protection Act	Finance and Financial Sector	1998-02-25	1998-03-17	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Smith, Nick [R-MI-7]	MI	R	S000597	5	Credit Union Membership Protection Act - Amends the Federal Credit Union Act to permit any person who is a Federal credit union member as of February 25, 1998, to retain member status if such status would be lost as a result of Supreme Court decisions construing membership criteria in the cases of National Credit Union Administration v. First National Bank and Trust Company, et alia, and AT&T Family Federal Credit Union v. First National Bank and Trust Company, et alia.	2025-08-21T16:12:48Z	https://www.congress.gov/bill/105th-congress/house-bill/3276
105-s-1671	105	s	1671	Examination Parity and Year 2000 Readiness for Financial Institutions Act	Finance and Financial Sector	1998-02-24	1998-02-24	Read twice and referred to the Committee on Banking.	Senate	Sen. Bennett, Robert F. [R-UT]	UT	R	B000382	2	Examination Parity and Year 2000 Readiness for Financial Institutions Act - Requires each Federal banking agency and the National Credit Union Administration Board (Board) to offer seminars to all depository institutions and insured credit unions under their respective jurisdictions on the implication of the Year 2000 computer problem for: (1) the safety and soundness of such institutions; and (2) their transactions with other financial institutions (including Federal reserve banks and Federal home loan banks). Requires such agencies and the Board to make available to all the institutions under their jurisdiction model approaches to common Year 2000 computer problems with regard to project management, vendor contracts, testing regimes, and business continuity planning. Defines Year 2000 computer problem as any problem which prevents information technology from accurately processing, calculating, comparing, or sequencing date or time data: (1) from, into, or between the 20th and 21st centuries, or the years 1999 and 2000; or (2) with regard to leap year calculations. Amends the Home Owners' Loan Act to place under the regulatory authority of the Director of the Office of Thrift Supervision a service corporation or subsidiary owned by a savings association. Permits the Director to authorize any other Federal banking agency to examine the service corporation or subsidiary if the agency supervises any other person maintaining an ownership interest in it. Subjects the corporation or subsidiary to the insurance termination prescriptions of the Federal Deposit Insurance Act. Provides that if such service corporation or subsidiary causes services to be performed for itself that are also authorized under this Act, such services shall also fall within the Director's regulatory purview. Amends the Federal Credit Union Act to subject a credit union organization owned in whole or in part by an insured credit union to examination and regulation by the Board to the same extent as an insured credit union. Permits the Board …	2025-08-21T16:14:16Z	https://www.congress.gov/bill/105th-congress/senate-bill/1671
105-hr-3165	105	hr	3165	Financial Accounting Fairness Act of 1998	Finance and Financial Sector	1998-02-05	1998-02-11	Referred to the Subcommittee on Finance and Hazardous Materials.	House	Rep. Baker, Richard H. [R-LA-6]	LA	R	B000072	0	Financial Accounting Fairness Act of 1998 - Amends the Securities Exchange Act of 1934 to prescribe guidelines under which the Securities and Exchange Commission (SEC) must review and approve accounting principles proposed by an accounting standards board as a prerequisite to SEC treatment of: (1) such proposals as generally accepted accounting principles; and (2) industry financial statements as being non-compliant with generally accepted accounting principles. Includes within such guidelines: (1) SEC consideration of investor protection, and the promotion of efficiency, competition, and capital formation; (2) SEC consultation with Federal banking agencies; (3) a public file of the record engendered by a proposed accounting principle; and (4) the availability of judicial review.	2025-08-21T16:11:49Z	https://www.congress.gov/bill/105th-congress/house-bill/3165
105-hr-3143	105	hr	3143	Comprehensive Holocaust Accountability in Insurance Measure	Finance and Financial Sector	1998-02-03	1998-02-20	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Foley, Mark [R-FL-16]	FL	R	F000238	17	TABLE OF CONTENTS: Title I: Provisions Applicable with Respect to Certain Foreign Insurance Companies Title II: Provisions Applicable to United States Banking Institutions Comprehensive Holocaust Accountability in Insurance Measure - Title I: Provisions Applicable with Respect To Certain Foreign Insurance Companies - Identifies those foreign insurance companies which, as a prerequisite to conducting any form of business in the United States (or with a U.S. bank), must first disclose to the Attorney General the name of any individual with whom such companies had any financial dealing and who is on the list of Jewish Holocaust Survivors maintained by the United States Holocaust Museum in Washington D.C., or the list of individuals who died in the Holocaust maintained by the Yad Veshem of Jerusalem in its Hall of Names. Directs the Attorney General to designate an office in the Department of Justice: (1) to which such disclosures shall be made; and (2) which shall make such names public. Title II: Provisions Applicable To United States Banking Institutions - Amends the Federal Deposit Insurance Act and the International Banking Act of 1978 to prohibit insured depository institutions and foreign bank-controlled commercial lending companies (with a limited exception for affiliates of foreign insurance companies) from engaging in specified financial transactions with or on behalf of a foreign insurance company listed under title I (including any affiliate) during a specified period until the Attorney General publishes in the Federal Register that such company has complied with the disclosure requirements of this Act.	2025-08-21T16:14:01Z	https://www.congress.gov/bill/105th-congress/house-bill/3143
105-hr-3146	105	hr	3146	Consumer Lenders and Borrowers Bankruptcy Accountability Act of 1998	Finance and Financial Sector	1998-02-03	1998-03-19	Subcommittee Hearings Held.	House	Rep. Nadler, Jerrold [D-NY-8]	NY	D	N000002	3	Consumer Lenders and Borrowers Bankruptcy Accountability Act of 1998 - Amends Federal bankruptcy law to expand the list of creditors' claims, both unsecured and secured, that the court shall disallow upon objection by a party in interest where the creditor has performed or failed to perform specified actions. Requires creditors to establish by clear and convincing evidence the debtor's use of false statements in the credit application or the creditor's actual and reasonable reliance on an express fraudulent statement by the debtor in order for certain consumer debts under an open end credit plan to be determined nondischargeable. (Sec. 3) Modifies bankruptcy trustee avoidance powers to: (1) provide that transfer of an individual debtor's right to receive income is not effective until the time it is to be paid to the debtor; and (2) preclude a bankruptcy trustee from avoiding a voluntary transfer of property whose aggregate amount is less than $600. (Sec. 4) Mandates sanctions for certain creditor abuses of the bankruptcy system, including the award of reasonable attorney's fees and punitive and actual damages. (Sec. 5) Requires a consumer debtor to file, contemporaneously with the filing of the bankruptcy petition, a written acknowledgment of receipt of an official explanation of bankruptcy options and alternatives, including relief provided by private credit counseling agencies. (Sec. 6) Amends the Fair Credit Reporting Act to prohibit a consumer report from containing information pertaining to certain: (1) chapter 7 (Liquidation) cases and non-discharged chapter 12 (Adjustment of Debts of a Family Farmer With Regular Income) and chapter 13 (Adjustment of Debts of an Individual With Regular Income) cases whose disposition antedates the report by more than ten years (currently applicable only to chapter 11 (Reorganization) cases); and (2) discharged chapter 12 or 13 cases whose disposition antedates the report by more than five years. Amends the bankruptcy code to revise procedural guidelines governing a Chapt…	2025-08-21T16:11:48Z	https://www.congress.gov/bill/105th-congress/house-bill/3146
105-hr-3150	105	hr	3150	Consumer Bankruptcy Reform Act of 1998	Finance and Financial Sector	1998-02-03	1998-10-09	Conference report considered in Senate. By motion. (consideration: CR S12148)	House	Rep. Gekas, George W. [R-PA-17]	PA	R	G000121	75	TABLE OF CONTENTS: Title I: Consumer Bankruptcy Provisions Subtitle A: Needs Based Bankruptcy Subtitle B: Consumer Bankruptcy Protections Title II: Discouraging Bankruptcy Abuse Title III: General Business Bankruptcy Provisions Title IV: Small Business Bankruptcy Provisions Title V: Municipal Bankruptcy Provisions Title VI: Streamlining The Bankruptcy System Title VIII: Bankruptcy Tax Provisions Title IX: Ancillary and Other Cross-Border Cases Title X: Financial Contract Provisions Title XI: Technical Corrections Title XII: Effective Date; Application of Amendments Bankruptcy Reform Act of 1998 - Title I: Consumer Bankruptcy Provisions - Subtitle A: Needs Based Bankruptcy - Amends Federal bankruptcy law to revamp guidelines governing dismissal or conversion of a Chapter 7 liquidation petition (complete relief in bankruptcy), to one under Chapter 13 (Adjustment of Debts of an Individual with Regular Income). Allows a bankruptcy panel trustee and any party in interest to move for such dismissal or conversion (current law prohibits such party in interest from such motions). Lowers the "substantial abuse" standard for dismissal or conversion to one of simple abuse. Replaces the presumption in favor of granting the relief sought by the debtor with a presumption that abuse exists if the debtor's current monthly income exceeds specified formulae. Provides that the presumption of abuse may be rebutted only with detailed documentation of extraordinary circumstances requiring additional expenses or adjustment of currently monthly total income. (Sec. 102) Requires debtor's counsel to: (1) reimburse the bankruptcy trustee for legal fees in prosecuting a dismissal or conversion motion if the court finds that counsel's filing under chapter 7 was not substantially justified; and (2) pay a civil penalty for the violation of certain bankruptcy rules. (Sec. 103) Revises procedural guidelines to mandate written notice to the individual c…	2025-04-07T15:33:42Z	https://www.congress.gov/bill/105th-congress/house-bill/3150
105-s-1594	105	s	1594	Digital Signature and Electronic Authentication Law (SEAL) of 1998	Finance and Financial Sector	1998-02-02	1998-03-11	Subcommittee on Finance and Technology. Hearings held.	Senate	Sen. Bennett, Robert F. [R-UT]	UT	R	B000382	1	Digital Signature and Electronic Authentication Law (SEAL) of 1998 - Amends the Bank Protection Act of 1968 to authorize a financial institution to use electronic authentication in business transactions if it has entered into an agreement to do so with a counterparty, or has established a banking, financial or transactional system using electronic authentication. Empowers the appropriate Federal or State bank supervisor to preclude the use of electronic authentication if it determines that such use is inconsistent with or threatens the safety and soundness of the institution. Prohibits a State government, agency, or instrumentality from acting as digital certification authority or imposing fees with respect to electronic authentication services. Requires the Board of Governors of the Federal Reserve System to report to the Congress on the use of electronic authentication, including certain considerations regarding consumer protections, and the international use of electronic authentication by financial institutions.	2025-08-21T16:14:51Z	https://www.congress.gov/bill/105th-congress/senate-bill/1594
105-hr-3116	105	hr	3116	Examination Parity and Year 2000 Readiness for Financial Institutions Act	Finance and Financial Sector	1998-01-28	1998-03-20	Became Public Law No: 105-164.	House	Rep. Leach, James A. [R-IA-1]	IA	R	L000169	5	Examination Parity and Year 2000 Readiness for Financial Institutions Act - Requires each Federal banking agency and the National Credit Union Administration Board (Board) to offer seminars to all depository institutions and insured credit unions under their respective jurisdictions on the implication of the Year 2000 computer problem for: (1) the safety and soundness of such institutions; and (2) their transactions with other financial institutions (including Federal reserve banks and Federal home loan banks). Requires such agencies and the Board to make available to all the institutions under their jurisdiction model approaches to common Year 2000 computer problems with regard to project management, vendor contracts, testing regimes, and business continuity planning. Defines Year 2000 computer problem as any problem which prevents information technology from accurately processing, calculating, comparing, or sequencing date or time data: (1) from, into, or between the 20th and 21st centuries, or the years 1999 and 2000; or (2) with regard to leap year calculations. Amends the Home Owners' Loan Act to place under the regulatory authority of the Director of the Office of Thrift Supervision a service corporation or subsidiary owned by a savings association. Permits the Director to authorize any other Federal banking agency to examine the service corporation or subsidiary if the agency supervises any other person maintaining an ownership interest in it. Subjects the corporation or subsidiary to the insurance termination prescriptions of the Federal Deposit Insurance Act. Provides that if such service corporation or subsidiary causes services to be performed for itself that are also authorized under this Act, such services shall also fall within the Director's regulatory purview. Amends the Federal Credit Union Act to subject a credit union organization owned in whole or in part by an insured credit union to examination and regulation by the Board to the same extent as an insured credit union. Permits the Board …	2025-04-07T15:32:20Z	https://www.congress.gov/bill/105th-congress/house-bill/3116
105-hr-3121	105	hr	3121	Holocaust Victims Insurance Act	Finance and Financial Sector	1998-01-28	1998-02-11	Referred to the Subcommittee on Finance and Hazardous Materials.	House	Rep. Engel, Eliot L. [D-NY-17]	NY	D	E000179	25	Holocaust Victims Insurance Act - Requires any person engaged in the insurance business in the United States directly or through a related company during the period 1920 to 1945 to report to the Secretary of Commerce within 90 days of the enactment of this Act on the current status of the insurance policies issued during such period. Imposes a civil penalty upon any person who does not file a report. Directs the Secretary to immediately upon receipt transmit such reports to the House and Senate Committees on Commerce. Requires a person engaged in the insurance business that determines that it issued insurance policies to individuals who were Holocaust victims to pay to the beneficiaries or descendants of the victims the proceeds of such policies. Encourages strongly any such person who does not have records of the individuals to whom it issued life insurance policies during the period 1920 to 1945 to establish a substantial monetary fund to compensate Holocaust victims. Requires the Secretary to report to the House and Senate Committees on Commerce on the number of individuals who were Holocaust victims who held life insurance policies during the period 1920 to 1945. Directs the U.S. Holocaust Memorial Museum to develop a registry of those who died in the Holocaust which shall be made available to the public, including insurance companies preparing a report under this Act. Authorizes appropriations. Prohibits any action brought by a Holocaust victim or heir or beneficiary of a Holocaust victim seeking proceeds of such policies issued or in effect between 1920 and 1945 from being dismissed for failure to comply with the applicable statute of limitations or laches provided the action is commenced on or before December 31, 2010.	2025-08-21T16:11:37Z	https://www.congress.gov/bill/105th-congress/house-bill/3121
105-hr-3066	105	hr	3066	Credit Card Interest Rate Change Disclosure Act	Finance and Financial Sector	1997-11-13	1997-11-26	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Maloney, Carolyn B. [D-NY-14]	NY	D	M000087	3	Credit Card Interest Rate Change Disclosure Act - Amends the Truth in Lending Act to set forth a 90-day advance notice period as a prerequisite to any increase in an annual percentage rate of interest (APR), or in the index used to determine APR, applicable to an open-end consumer credit plan.	2025-08-21T16:13:56Z	https://www.congress.gov/bill/105th-congress/house-bill/3066
105-s-1560	105	s	1560	Accurate Accounting Standards Certification Act of 1997	Finance and Financial Sector	1997-11-13	1997-11-13	Read twice and referred to the Committee on Banking.	Senate	Sen. Faircloth, Lauch [R-NC]	NC	R	F000437	0	Accurate Accounting Standards Certification Act of 1997 - Declares that accounting standards developed by the Financial Accounting Standards Board as of November 13, 1997, governing the treatment of derivatives and similar instruments shall not be considered to be generally accepted accounting principles. Prohibits their use by a depository institution for purpose of compliance with Federal banking law unless the appropriate Federal banking agency certifies in writing to the Congress that such standards: (1) reflect more accurately depository institution assets, liabilities, and earnings; and (2) will not have the effect of diminishing the use of risk management practices that would have the effect of inhibiting the safe and sound operation of a depository institution.	2025-08-21T16:11:26Z	https://www.congress.gov/bill/105th-congress/senate-bill/1560
105-s-1518	105	s	1518	Year 2000 Computer Remediation and Shareholder (CRASH) Protection Actof 1997	Finance and Financial Sector	1997-11-10	1997-11-10	Read twice and referred to the Committee on Banking.	Senate	Sen. Bennett, Robert F. [R-UT]	UT	R	B000382	0	Year 2000 Computer Remediation and Shareholder (CRASH) Protection Act of 1997 - Directs the Securities and Exchange Commission to require issuers of registered securities to include within their initial offering statements and quarterly reports a description of the progress made in completing five specified phases of Year 2000 computer system remediation by the issuer's business units.	2025-08-21T16:14:05Z	https://www.congress.gov/bill/105th-congress/senate-bill/1518
105-hr-2996	105	hr	2996	Partnership Rollup Efficiency Act	Finance and Financial Sector	1997-11-09	1997-11-20	Referred to the Subcommittee on Finance and Hazardous Materials.	House	Rep. Kennedy, Joseph P., II [D-MA-8]	MA	D	K000110	0	Amends the Securities Exchange Act of 1934 to exclude from the definition of limited partnership rollup transaction any combination of a single limited partnership or multiple limited partnerships whose real estate assets consist solely of partial interests in the same property, with an unaffiliated issuer of securities. States that such a combination is not conditioned upon the completion of any other acquisition transaction, in exchange for securities (or a combination or alternative offer of securities and cash), if the securities issued in the combination to the limited partners in the combining partnership or partnerships represent ten percent or less of a class of securities that is, or will be upon notice of issuance, listed on the New York Stock Exchange or American Stock Exchange or the National Market System of the Nasdaq Stock Market (or any successor to such entities) and are part of a class of securities so listed for a year or more.	2025-08-21T16:15:02Z	https://www.congress.gov/bill/105th-congress/house-bill/2996
105-hr-3003	105	hr	3003	Bank Examination Report Protection Act of 1997	Finance and Financial Sector	1997-11-09	1997-11-26	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. McCollum, Bill [R-FL-8]	FL	R	M000350	16	Bank Examination Report Protection Act of 1997 - Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to establish a privileged status for confidential supervisory information. Declares such information to be the property of the Federal banking agency that created or requested it. Prohibits the disclosure of such information without prior authorization of the appropriate Federal banking agency. Precludes the use of subpoena or other process to obtain such information. Permits disclosure requests to the appropriate Federal banking agency. Grants Federal courts exclusive jurisdiction for actions to compel information disclosure. Prescribes judicial, rulemaking, and notice procedures.	2025-08-21T16:11:39Z	https://www.congress.gov/bill/105th-congress/house-bill/3003
105-hr-2940	105	hr	2940	Financial Services Competitive Enhancement Act	Finance and Financial Sector	1997-11-08	1997-11-26	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Dreier, David [R-CA-28]	CA	R	D000492	2	Financial Services Competitive Enhancement Act - Amends the Banking Act of 1933 (Glass-Steagall Act) to repeal its prohibition against: (1) bank affiliation with any entity principally engaged in securities transactions; and (2) securities transaction personnel serving simultaneously as national bank personnel. Amends the Bank Holding Company Act of 1956 to permit a bank holding company to acquire shares in nonbanking organizations if such shares have been determined to be either financial in nature, or incidental to financial activities, by the Board of Governors of the Federal Reserve System. States that after enactment of this Act it shall be financial in nature to provide insurance as principal, agent or broker in any State. Shields bank holding companies from State restrictions against insurance affiliates of banking companies. Cites circumstances permitting a bank holding company to acquire or control shares, assets, or ownership interests of previously proscribed entities.	2025-08-21T16:13:35Z	https://www.congress.gov/bill/105th-congress/house-bill/2940
105-s-1405	105	s	1405	Financial Regulatory Relief and Economic Efficiency Act of 1998	Finance and Financial Sector	1997-11-07	1998-09-24	Placed on Senate Legislative Calendar under General Orders. Calendar No. 602.	Senate	Sen. Shelby, Richard C. [R-AL]	AL	R	S000320	13	TABLE OF CONTENTS: Title I: Improving Monetary Policy and Financial Institution Management Practices Title II: Streamlining Activities of Institutions Title III: Streamlining Agency Actions Title IV: Miscellaneous Title V: Technical Corrections Financial Regulatory Relief and Economic Efficiency Act of 1998 - Title I: Improving Monetary Policy and Financial Institution Management Practices - Amends the Federal Reserve Act (FRA) to permit interest payments on reserves maintained at a Federal reserve bank. (Sec. 102) Authorizes any depository institution, before January 1, 2001, to permit the owner of any interest- or dividend-bearing deposit or account to make up to 24 transfers per month, for any purpose, to another account of the owner in the same institution. Repeals the limitation on the authority of a depository institution to permit the owner of any deposit or account to make withdrawals by negotiable or transferable instruments for transfers to third parties. (Currently, the latter authority may be applied only with respect to the accounts of charitable, religious, and other nonprofit organizations, as well as to Federal, State, and local governments.) Amends the FRA, the Home Owners' Loan Act (HOLA), and the Federal Deposit Insurance Act (FDIA) to repeal the prohibition against interest or dividend payments on demand deposits. (Sec. 103) Amends HOLA to: (1) repeal savings association liquid asset and dividend notice requirements; (2) repeal certain restrictions on interstate acquisitions that result in the formation of a multiple savings and loan holding company which controls savings and loan associations in more than one State; and (3) permit a savings and loan holding company, with the prior approval by the Director of the Office of Thrift Supervision, to acquire more than five percent of the voting shares of a non-subsidiary savings association or non-subsidiary savings and loan holding company. (Sec. 108) Amends the FDIA to repeal deposit broker notification an…	2025-04-07T15:31:52Z	https://www.congress.gov/bill/105th-congress/senate-bill/1405
105-s-1423	105	s	1423	Federal Home Loan Bank System Modernization Act of 1997	Finance and Financial Sector	1997-11-07	1998-03-12	Committee on Banking. Hearings held. Hearings printed: S.Hrg. 105-911.	Senate	Sen. Hagel, Chuck [R-NE]	NE	R	H001028	14	Federal Home Loan Bank System Modernization Act of 1997 - Amends the Federal Home Loan Bank Act (FHLBA) to instruct the Federal Housing Finance Board (the FHF Board) to divide the States into not fewer than one Federal Home Loan Bank district (currently 8 to 12 districts). (Sec. 4) Amends Federal Home Loan Bank (FHLB) membership parameters to make a Federal savings association's membership in the FHLB system voluntary instead of mandatory. (Sec. 5) Modifies guidelines governing long-term advances to: (1) allow advances to any community financial institution for small businesses, agricultural, rural development, or low-income community development lending; (2) make the cash (as well as the deposits) of an FHLB eligible collateral for securing a bank's interest in a loan or advance; and (3) repeal the 30 percent of capital cap on the aggregate amount of outstanding advances secured by real estate related collateral. Includes within the categories of collateral eligible for bank loan: (1) secured loans for small business, agriculture, rural development, or low-income community development, or securities representing a whole interest in such secured loans, in the case of any community financial institution; and (2) certain mutual fund shares. Authorizes an FHLB to renew certain advances on its own determination without concurrence by the FHF Board. Requires an FHLB member with an advance secured by insufficient eligible collateral to reduce its level of outstanding advances according to a schedule determined by the FHLB (currently, by the FHF Board). (Sec. 6) Revises eligibility criteria to permit certain community financial institutions to gain FHLB membership regardless of the percentage of total assets represented by residential mortgage loans. (Sec. 7) Repeals certain requirements for advances to qualified thrift lenders (QTLs) and to FHLB members that are not QTLs. Amends the Home Owners' Loan Act to repeal the ineligibility of a non-QTL savings association to obtain new advances from a FHLB bank (thus maki…	2025-08-21T16:11:32Z	https://www.congress.gov/bill/105th-congress/senate-bill/1423
105-s-1301	105	s	1301	Consumer Bankruptcy Reform Act of 1998	Finance and Financial Sector	1997-10-21	1998-09-23	Senate passed companion measure H.R. 3150 in lieu of this measure by Yea-Nay Vote. 97-1. Record Vote No: 284. (consideration: CR S10767)	Senate	Sen. Grassley, Chuck [R-IA]	IA	R	G000386	3	TABLE OF CONTENTS: Title I: Needs-Based Bankruptcy Title II: Enhanced Procedural Protections for Consumers Title III: Improved Procedures for Efficient Administration of the Bankruptcy System Title IV: Technical Corrections Consumer Bankruptcy Reform Act of 1998 - Title I: Needs Based Bankruptcy - Amends the bankruptcy code to modify the requirement that a debtor request conversion of a case from Chapter 7 (Liquidation) to Chapter 12 (Adjustment of Debts of a Family Farmer With Regular Annual Income) or Chapter 13 Adjustment of Debts of an Individual With Regular Income). Allows mere consent to conversion as an alternative to requesting it. (Sec. 102) Revamps Chapter 7 dismissal guidelines to provide for: (1) conversion to Chapter 13 with or without the debtor's consent; (2) a motion for dismissal by a party in interest; and (3) repeal of the presumption in favor of granting the relief requested by the debtor. Requires the court to consider whether: (1) the debtor can repay at least 20 percent of nonpriority unsecured debts; or (2) the debtor has filed in bad faith. Directs the court to order debtor's counsel to reimburse the panel trustee's legal fees if the trustee's motion for dismissal or conversion has been granted, and the court finds that the chapter 7 filing by such counsel was not substantially justified. Subjects counsel to a civil penalty for certain bankruptcy rules violations. Requires the court to award a debtor all reasonable costs in successfully contesting a dismissal motion brought by a party in interest (other than a panel trustee) if: (1) the party's position was not substantially justified; or (2) the party brought the motion solely to coerce the debtor into waiving a guaranteed right. Exempts from such a sanction any party in interest whose aggregate claim amount is less than $1,000. Prohibits a party in interest from bringing a dismissal motion if the debtor and debtor's spouse, combined, as of the date of the order for relief, have current monthly t…	2025-07-21T19:32:26Z	https://www.congress.gov/bill/105th-congress/senate-bill/1301
105-hr-2662	105	hr	2662	Fair Credit Card Application Act of 1997	Finance and Financial Sector	1997-10-09	1997-10-24	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Menendez, Robert [D-NJ-13]	NJ	D	M000639	5	Fair Credit Card Application Act of 1997 - Amends the Truth in Lending Act to require that certain credit card and charge card applications (including telephone solicitations) disclose to the consumer the maximum authorized credit limit, and the consumer's right to state in the application the lowest credit limit acceptable to the consumer.	2025-08-21T16:13:59Z	https://www.congress.gov/bill/105th-congress/house-bill/2662
105-hr-2637	105	hr	2637	United States $1 Coin Act of 1997	Finance and Financial Sector	1997-10-08	1997-10-24	Referred to the Subcommittee on Domestic and International Monetary Policy.	House	Rep. Castle, Michael N. [R-DE-At Large]	DE	R	C000243	3	United States $1 Coin Act of 1997 - Directs the Secretary of the Treasury to place into circulation $1 coins depicting the Statue of Liberty upon depletion of the Government's supply of $1 coins bearing the likeness of Susan B. Anthony. Amends Federal law to mandate that the dollar coin shall: (1) be golden in color, have a distinctive edge, with tactile and visual features making it readily discernible; (2) be minted and fabricated in the United States; and (3) have similar metallic anticounterfeiting properties as U.S. clad coinage in circulation on the date of enactment of this Act. Authorizes the Secretary to continue to mint and issue $1 coins bearing the likeness of Susan B. Anthony if the supply of such coins is depleted before production of the coins depicting the Statue of Liberty has begun.	2025-08-21T16:11:28Z	https://www.congress.gov/bill/105th-congress/house-bill/2637
105-s-1260	105	s	1260	Securities Litigation Uniform Standards Act of 1998	Finance and Financial Sector	1997-10-07	1998-11-03	Became Public Law No: 105-353.	Senate	Sen. Gramm, Phil [R-TX]	TX	R	G000365	43	TABLE OF CONTENTS: Title I: Securities Litigation Uniform Standards Title II: Reauthorization of the Securities and Exchange Commission Title III: Clerical and Technical Amendments Securities Litigation Uniform Standards Act of 1998 - Title I: Securities Litigation Uniform Standards - Amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to prohibit any private class action based upon State statutory or common law in State or Federal court by any private party alleging: (1) an untrue statement or omission in connection with the purchase or sale of a covered security; or (2) that the defendant used any manipulative or deceptive device in connection with such a transaction. (Sec. 101) Declares that any class action brought in any State court involving a covered security shall be removable to the Federal district court for the district in which the action is pending. Exempts from such prohibition certain class actions based upon statutory or common law of the State in which the issuer is either incorporated or organized. Declares that such a class action may be maintained in State or Federal court by a private party if it involves: (1) the purchase or sale of securities by the issuer (or an affiliate) exclusively from or to holders of the issuer's equity securities; or (2) any communication about such a sale made by or on behalf of the issuer (or an affiliate) to such equity security holders concerning their decisions with respect to voting their securities, acting in response to a tender or exchange offer, or exercising dissenters' or appraisal rights. Declares that nothing precludes a State, any political subdivision, or a State pension plan from bringing an action involving a covered security either on its own behalf, or as a member of a class composed solely of other States, political subdivisions, or State pension plans that are named plaintiffs and have authorized participation in such action. Permits a class action suit in State or Federal court to enforce a c…	2025-04-07T15:34:00Z	https://www.congress.gov/bill/105th-congress/senate-bill/1260
105-hr-2611	105	hr	2611	Religious Fairness in Bankruptcy Act of 1997	Finance and Financial Sector	1997-10-06	1998-02-12	Subcommittee Hearings Held.	House	Rep. Chenoweth-Hage, Helen [R-ID-1]	ID	R	C000345	107	Religious Fairness in Bankruptcy Act of 1997 - Amends Federal bankruptcy law, with respect to avoidance of fraudulent transfers and obligations by the bankruptcy trustee, to provide that a transfer of a donation to a religious unit made by a debtor from a sense of religious obligation such as tithes, shall be considered to have been made in exchange for a reasonably equivalent value.	2025-08-21T16:11:16Z	https://www.congress.gov/bill/105th-congress/house-bill/2611
105-s-1249	105	s	1249	Small Business Banking Act of 1997	Finance and Financial Sector	1997-10-03	1997-10-03	Read twice and referred to the Committee on Banking.	Senate	Sen. Hagel, Chuck [R-NE]	NE	R	H001028	1	Small Business Banking Act of 1997 - Amends Federal banking law with respect to a depository institution's authority to permit the holder of any interest-earning or dividend-earning deposit or account (negotiable order of withdrawal or NOW account) to make withdrawals from such account by negotiable or transferable instrument for the purpose of making payments to third parties. Repeals the restriction of such withdrawals to individuals, non-profit organizations and Federal, State, and local governments (thus allowing such withdrawals by businesses and other for-profit entities). Amends the Federal Reserve Act, the Home Owners' Loan Act, and the Federal Deposit Insurance Act to repeal the prohibition against the payment of interest on demand deposits by banks or Federal savings associations subject to their supervision.	2025-08-21T16:14:56Z	https://www.congress.gov/bill/105th-congress/senate-bill/1249
105-hr-2604	105	hr	2604	Religious Liberty and Charitable Donation Protection Act of 1998	Finance and Financial Sector	1997-10-02	1998-06-03	Laid on the table. See S. 1244 for further action. (consideration: CR H4005)	House	Rep. Packard, Ron [R-CA-48]	CA	R	P000005	128	Religious Liberty and Charitable Donation Protection Act of 1998 - Amends Federal bankruptcy law with respect to avoidance by the trustee in bankruptcy of fraudulent transfers and obligations to cite circumstances under which a transfer of a charitable contribution to a qualified religious or charitable unit shall not be considered to be fraudulent. Prohibits the trustee from avoiding such charitable contributions when acting as lien creditor and successor to certain creditors and purchasers. Excludes from "disposable income," for purposes of bankruptcy plan confirmation, up to 15 percent of the gross income of the debtor when it is expended for such charitable contributions. Prohibits the bankruptcy court, when it determines whether to dismiss a case, from taking into consideration whether a debtor makes charitable contributions to any qualified religious or charitable entity.	2025-04-07T15:33:27Z	https://www.congress.gov/bill/105th-congress/house-bill/2604
105-hr-2590	105	hr	2590	To require life and disability insurers to disclose an insurance applicant's medical test results to the applicant, unless the applicant specifically declines to receive the results, and otherwise to restrict the disclosure of such results by such insurers.	Finance and Financial Sector	1997-10-01	1997-10-15	Referred to the Subcommittee on Health and Environment.	House	Rep. DeFazio, Peter A. [D-OR-4]	OR	D	D000191	12	Requires that a life or disability insurer, if the insurer requires an applicant for life or disability insurance to submit to a medical examination or test, ensure disclosure to the applicant of the test results. Prohibits the insurer from disclosing the results to any other person, except under a written authorization made by the applicant, pursuant to certain legal process, or to a public health authority when expressly required by law. Provides for civil actions for violations of this Act by any aggrieved person, allowing recovery of statutory, compensatory, and punitive damages and attorney's fees. Declares that, for provisions of Federal law commonly known as the McCarran-Ferguson Act prohibiting Federal insurance law from preempting State law unless the Federal law specifically relates to the business of insurance, this Act shall be considered to specifically relate to the business of insurance.	2024-02-05T14:30:09Z	https://www.congress.gov/bill/105th-congress/house-bill/2590
105-hr-2592	105	hr	2592	Private Trustee Reform Act of 1998	Finance and Financial Sector	1997-10-01	1998-10-13	Referred to Subcommittee on Oversight and Courts.	House	Rep. Goodlatte, Bob [R-VA-6]	VA	R	G000289	6	Private Trustee Reform Act of 1998 - Amends the Federal judicial code to allow a United States trustee whose appointment to a panel or as a standing trustee is terminated or who ceases to be assigned to cases filed under title 11 of the United States Code (bankruptcy provisions) to obtain judicial review of the final agency decision by commencing an action in U.S. district court for the district in which the panel member or standing trustee resides, after exhausting all available administrative remedies which, if the trustee so elects, shall also include an administrative hearing on the record. Deems the trustee to have exhausted such remedies, unless the trustee elects to have an administrative hearing on the record, if the agency fails to make a final agency decision within 90 days after the trustee requests administrative remedies. Authorizes a standing trustee to obtain judicial review of final agency action to deny a claim of actual, necessary expenses by commencing an action in U.S. district court in the district where the individual resides. Directs the Attorney General to prescribe procedures to implement such provisions. Requires: (1) the district court, in conducting judicial review under this Act, to determine whether to retain the case or to refer the case to a bankruptcy judge in the district; (2) a bankruptcy judge to whom a case is referred to submit a recommendation for disposition to the district court based solely on a review of the administrative record before the agency; (3) a final order or judgment to be entered by the court after considering the bankruptcy judge's recommendation and after reviewing those matters to which any party has timely and specifically objected; and (4) the agency decision to be affirmed unless it is unreasonable and without cause based upon the administrative record before the agency. Grants the U.S. district courts jurisdiction to review final agency decisions and actions pursuant to this Act. Authorizes bankruptcy judges to submit recommendations to such courts.	2025-07-21T19:32:26Z	https://www.congress.gov/bill/105th-congress/house-bill/2592
105-hr-2599	105	hr	2599	Cash Consumer Protection Act	Finance and Financial Sector	1997-10-01	1997-10-10	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. Fattah, Chaka [D-PA-2]	PA	D	F000043	21	Cash Consumer Protection Act - Amends the Consumer Credit Protection Act to prohibit any person, in the course of a sale or lease business transaction, from: (1) refusing to make the transaction because the lessee or purchaser does not possess a credit card; or (2) demanding an unreasonable deposit in cash. Provides for injunctions and orders to reimburse for money or property acquired in violation of this Act.	2025-08-21T16:13:04Z	https://www.congress.gov/bill/105th-congress/house-bill/2599
105-s-1244	105	s	1244	Religious Liberty and Charitable Donation Protection Act of 1998	Finance and Financial Sector	1997-10-01	1998-06-19	Became Public Law No: 105-183.	Senate	Sen. Grassley, Chuck [R-IA]	IA	R	G000386	5	Religious Liberty and Charitable Donation Protection Act of 1998 - Amends Federal bankruptcy law with respect to avoidance by the trustee in bankruptcy of fraudulent transfers and obligations to cite circumstances under which a transfer of a charitable contribution to a qualified religious or charitable unit shall not be considered fraudulent. Prohibits the trustee from avoiding such charitable contributions when acting as lien creditor and successor to certain creditors and purchasers. States that a claim by any person to recover a transferred charitable contribution shall be preempted by the commencement of the case in bankruptcy. Redefines "disposable income," for purposes of bankruptcy plan confirmation, to include charitable contributions which do not exceed 15 percent of the debtor's gross income for the year in which the contributions are made. Prohibits the bankruptcy court, when it determines whether to dismiss a case, from taking into consideration whether a debtor makes charitable contributions to any qualified religious or charitable entity.	2025-07-21T19:32:26Z	https://www.congress.gov/bill/105th-congress/senate-bill/1244
105-hr-2552	105	hr	2552	Credit Union Audit Improvement Act of 1997	Finance and Financial Sector	1997-09-25	1997-10-10	Referred to the Subcommittee on Financial Institutions and Consumer Credit.	House	Rep. McCollum, Bill [R-FL-8]	FL	R	M000350	3	Credit Union Audit Improvement Act of 1997 - Amends the Federal Credit Union Act to mandate that: (1) each insured credit union prepare an annual financial statement in conformity with generally accepted accounting principles (GAAP); (2) each credit union supervisory committee have an annual independent audit of such statement performed in accordance with GAAP standards by an independent certified or licensed public accountant; (3) each credit union prepare annually a written assertion regarding the efficacy of internal controls over financial reporting; (4) each credit union supervisory committee obtain annually an attestation report on an examination of management's written assertion prepared in accordance with GAAP by an independent certified or licensed public accountant; and (5) each credit union prepare annually a written report on the extent to which it is in compliance with the safety and soundness regulations designated by National Credit Union Administration Board. Exempts certain small-sized insured credit unions (with assets under $10 million) from the purview of this Act. Requires a credit union supervisory committee to: (1) identify annually any risk areas of credit union activities; (2) assess the extent to which internal and external audit coverage is necessary for credit union activities which the committee determines to have a high risk; (3) perform or supervise internal audits; (4) restrict the selection of outside auditors to certified or licensed public accountants; and (5) submit audit reports to the board of directors, the National Credit Union Administration, and its membership. Requires an insured State credit union to include in its insurance application an agreement to maintain a supervisory committee which complies with the management oversight requirements applicable to its Federal credit union counterparts.	2025-08-21T16:11:31Z	https://www.congress.gov/bill/105th-congress/house-bill/2552
105-s-1203	105	s	1203	Debit Card Consumer Protection Act of 1997	Finance and Financial Sector	1997-09-23	1997-09-23	Read twice and referred to the Committee on Banking.	Senate	Sen. D'Amato, Alfonse [R-NY]	NY	R	D000018	3	Debit Card Consumer Protection Act of 1997 - Amends the Electronic Fund Transfer Act to cite conditions limiting consumer liability for unauthorized debit card transactions executed through an electronic fund transfer. Reduces from ten business days to five business days the deadline within which a financial institution: (1) must report to a consumer the results of its investigation concerning allegations of error in such consumer's account; and (2) may conditionally recredit a consumer's account for the amount of the alleged error upon receipt of appropriate notification. Declares that a non-protected access card may only be issued upon consumer request or application, or as a renewal of or substitution for, a non-protected access card. Requires a financial institution to furnish to the consumer: (1) a printed warning that a card does not require a personalized code or other unique identifier (other than a signature) to initiate access to the consumer's account; (2) an annual summary of error resolution procedures; and (3) its policy regarding restitution of any fees imposed as a result of an unauthorized electronic fund transfer.	2025-08-21T16:11:13Z	https://www.congress.gov/bill/105th-congress/senate-bill/1203
105-hr-2500	105	hr	2500	Responsible Borrower Protection Bankruptcy Act	Finance and Financial Sector	1997-09-18	1998-03-19	Subcommittee Hearings Held.	House	Rep. McCollum, Bill [R-FL-8]	FL	R	M000350	186	TABLE OF CONTENTS: Title I: Consumer Bankruptcy Issues Title II: Improved Bankruptcy Administration Responsible Borrower Protection Bankruptcy Act - Title I: Consumer Bankruptcy Issues - Amends Federal bankruptcy law to prescribe guidelines for a needs-based bankruptcy system which precludes individuals from filing for complete relief in bankruptcy (under chapter 7 (Liquidation)) if certain current monthly income is available to pay creditors. (Sec. 101) Sets forth formulae for income levels determinative of debtor eligibility for bankruptcy relief. Treats as having income available to pay creditors (and thus eligible for chapter 13 Adjustment of Debts of an Individual with Regular Income) any individual (or in a joint case, an individual and spouse combined) with: (1) a current monthly total income of 75 percent of the national median household income for one earner (or 75 percent of the national median family income for a family of equal size); (2) projected monthly net income greater than $50; and (3) projected monthly net income sufficient to repay 20 percent or more of unsecured non-priority claims during a five-year repayment plan. (Sec. 102) Provides for adjustment to a chapter 13 debtor's monthly net income for extraordinary circumstances such as loss of income or unusual expenses. (Sec. 103) Modifies notice requirements to apprise a consumer debtor of alternatives to bankruptcy, including independent non-profit debt counseling services. (Sec. 104) Declares embezzlement or fraudulently-incurred debts of individuals nondischargeable in bankruptcy. (Sec. 105) Instructs the bankruptcy court to confirm the bankruptcy plan of an individual if it provides that the holder of a secured allowed claim retains the lien securing such claim until discharge of all debts. (Sec. 106) Grants a claim arising from a nondischargeable debt incurred to pay a Federal tax (or any other nondischargeable debt) the same priority as the claim for the underlying obligation which was paid for by such nondischargeable deb…	2025-08-21T16:12:40Z	https://www.congress.gov/bill/105th-congress/house-bill/2500
105-hr-2507	105	hr	2507	ATM Public Safety and Crime Control Act	Finance and Financial Sector	1997-09-18	1997-09-24	Referred to the Subcommittee on Crime.	House	Rep. Nadler, Jerrold [D-NY-8]	NY	D	N000002	0	ATM Public Safety and Crime Control Act - Amends the Bank Protection Act of 1968 and the Federal Credit Union Act to require each Federal supervisory agency for depository institutions to prescribe regulations, pursuant to recommendations made by the Director of the Federal Bureau of Investigation (FBI), mandating lighting and surveillance camera quality sufficient to be used effectively as evidence in a criminal prosecution. Amends Federal law to instruct the FBI Director to: (1) periodically review standards and procedures in connection with enhanced surveillance equipment at depository institutions; (2) make technical recommendations regarding enhanced surveillance to the Federal banking agencies and the National Credit Union Administration Board; and (3) furnish certain congressional committees with copies of such recommendations. Sets a deadline by which the Federal banking agencies and the National Credit Union Administration Board must prescribe final regulations for such enhanced security measures.	2025-08-21T16:12:57Z	https://www.congress.gov/bill/105th-congress/house-bill/2507
105-hr-2454	105	hr	2454	Social Security Check Protection Act	Finance and Financial Sector	1997-09-11	1997-09-11	Referred to the House Committee on Banking and Financial Services.	House	Rep. Franks, Bob [R-NJ-7]	NJ	R	F000349	48	Social Security Check Protection Act - Amends the Electronic Fund Transfer Act to prohibit a financial institution from imposing withdrawal fees upon benefits under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act that are deposited electronically directly into the consumer's account and subsequently withdrawn from an electronic terminal. Prohibits imposition of or increase in any other fee with respect to such an account unless the fee is also imposed at the same rate on other similar accounts which do not receive OASDI benefits deposits.	2025-08-21T16:11:31Z	https://www.congress.gov/bill/105th-congress/house-bill/2454
105-hr-2457	105	hr	2457	Veterans Benefits Check Protection Act	Finance and Financial Sector	1997-09-11	1997-09-11	Referred to the House Committee on Banking and Financial Services.	House	Rep. Franks, Bob [R-NJ-7]	NJ	R	F000349	56	Veterans Benefits Check Protection Act - Amends the Electronic Fund Transfer Act to prohibit a financial institution from imposing withdrawal fees upon veterans benefits deposited electronically directly into the consumer's account and subsequently withdrawn from an electronic terminal. Prohibits imposition of or increase in any other fee with respect to such an account unless the fee is also imposed at the same rate on other similar accounts which do not receive veterans' benefits deposits.	2025-08-21T16:12:36Z	https://www.congress.gov/bill/105th-congress/house-bill/2457

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CREATE TABLE legislation (
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    congress INTEGER,
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    latest_action_text TEXT,
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CREATE INDEX idx_leg_congress ON legislation(congress);
CREATE INDEX idx_leg_type ON legislation(bill_type);
CREATE INDEX idx_leg_policy ON legislation(policy_area);
CREATE INDEX idx_leg_date ON legislation(introduced_date);
CREATE INDEX idx_leg_sponsor ON legislation(sponsor_name);
CREATE INDEX idx_leg_sponsor_bioguide ON legislation(sponsor_bioguide_id);