H.R. 6188 (102nd): Lower Mississippi Delta Development Financing Corporation Act

Introduced:
Oct 06, 1992 (102nd Congress, 1991–1992)
Sponsor:
Rep. Albert Espy [D-MS2]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 183 (103rd) on Jan 05, 1993.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on October 6, 1992, in a previous session of Congress, but was not enacted.

Progress
Introduced Oct 06, 1992
Cosponsors
1 cosponsors (1R) (show)
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

Full Title

To promote economic development in the Lower Mississippi Delta by establishing the Lower Mississippi Delta Development Financing Corporation, and for other purposes.

Summary

No summaries available.

Text

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Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

10/6/1992--Introduced.
Lower Mississippi Delta Development Financing Corporation Act - Establishes the Lower Mississippi Delta Development Financing Corporation (the Corporation) as a federally chartered private corporation, under the management of a board of directors appointed by the President, with the advice and consent of the Lower Mississippi Delta Region congressional delegation. Requires the Corporation to develop strategies and provide financial and technical assistance for building and expanding the economic base of the lower Mississippi delta region and communities within it. Sets forth the Corporation's powers, including acquiring the shares of insured depository institutions and holding companies located in the lower Mississippi delta region (passive investments). Authorizes appropriations to the President to make grants to the Corporation to implement this Act. Requires the Corporation to: (1) establish an advisory committee; and (2) report annually to the Congress.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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