legislation: 96-hr-7891

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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
96-hr-7891 96 hr 7891 Housing Survival Act of 1980 Finance and Financial Sector 1980-07-31 1980-07-31 Referred to House Committee on Banking, Finance and Urban Affairs. House Rep. Annunzio, Frank [D-IL-11] IL D A000212 3 Housing Survival Act of 1980 - Amends the Depository Institutions Deregulation Act of 1980 to repeal provisions establishing the Depository Institutions Deregulation Committee. Prescribes maximum interest rates for savings and loan accounts of O.25 percent of the maximum rates for bank accounts. Terminates all authority to set maximum interest rates on June 30, 1987 (currently, March 31, 1986). Directs the Board of Governors of the Federal Reserve System, the Board Directors of the Federal Deposit Insurance Corporation, and the Federal Home Loan Bank Board to report to Congress regarding the ability of the housing industry to withstand the removal of the interest rate differential. Amends the Federal Reserve Act, the Federal Deposit Insurance Act, and the Federal Home Loan Bank Act to require the respective Boards to limit interest rates or dividends on time and savings deposits to no more than the market rate of interest (the rate comparable to U.S. Treasury securities of similar maturity). 2025-09-02T13:54:54Z  

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