skip to main content

H.R. 4241 (102nd): Resolution Trust Corporation Funding Act of 1992

We don’t have a summary available yet.

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


3/19/1992--Reported to House amended. Resolution Trust Corporation Funding Act of 1992 - Amends the Federal Home Loan Bank Act (as amended by the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act of 1991), to: (1) repeal the termination of the mandate for specified additional funding for the Resolution Trust Corporation (RTC); and (2) specify that the additional interim funding (already authorized) which the Secretary of the Treasury must provide to the RTC must come out of any money in the Treasury not otherwise appropriated. Directs the Secretary, at the President's request, to provide until April 1, 1993, further additional funds of up to $25,000,000,000 to the RTC out of any money in the Treasury not otherwise appropriated to it.