A bill to amend the Federal Deposit Insurance Act to allow insured banks to amortize losses on agricultural loans over a 10-year period and losses on other loans over a 5-year period.
Bank Loan Loss Amortization Act - Amends the Federal Deposit Insurance Act to allow insured banks to amortize losses on qualified agricultural loans over a ten-year period and losses on other loans over a five-year period.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line