H.R. 1121 (105th): Financial Freedom Act of 1997


Mar 19, 1997
105th Congress, 1997–1998

Died in a previous Congress

This bill was introduced on March 19, 1997, in a previous session of Congress, but was not enacted.


Ronald “Ron” Paul

Representative for Texas's 14th congressional district



Read Text »
Last Updated: Mar 19, 1997
Length: 6 pages

About the bill

Full Title

To amend the Federal Credit Union Act to clarify existing law and ratify the longstanding policy of the National Credit Union Administration Board with regard to field of membership of Federal credit unions and to repeal the Community Reinvestment Act of 1977, and to provide for a reduced tax rate for qualified community lenders.

Summary (CRS)

3/19/1997--Introduced.Financial Freedom Act of 1997 - Amends the Federal Credit Union Act to limit Federal credit union membership to one or more groups each of which has a common bond ... Read more >

The bill’s title was written by its sponsor.


Mar 19, 1997

This is the first step in the legislative process.

This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 1121”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


9 cosponsors (9R) (show)
Committee Assignments

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


There have been no roll call votes related to this bill.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


Click a format for a citation suggestion: