To amend section 21A of the Federal Home Loan Bank Act to establish additional procedures and requirements relating to the identification and disposition of environmentally sensitive land and other property with natural, cultural, recreational, or scientific values of special significance by the Resolution Trust Corporation.
Resolution Trust Corporation Asset Disposition Act - Amends the Federal Home Loan Bank Act to mandate compliance by the Resolution Trust Corporation with prescribed property inventory requirements with respect to the identification and preservation of properties with natural, cultural, recreational, or scientific values of special significance (including environmentally sensitive land, wetlands, prime farmland, historic places, and properties protected under Federal law and Executive orders). Provides for transfer of such properties to Federal or State agencies that qualify as land stewards.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
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