S. 245 — A bill to prohibit the Federal Asset Disposition Association from paying severance pay in excess of certain civil service amounts.

Summary

Requires the Federal Home Loan Bank Board to issue a regulation prohibiting the payment of severance pay by the Federal Asset Disposition Association in excess of any payable to a Federal employee at the GS-18 level.

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Legislative Actions

1989-01-25
Introduced in Senate
1989-01-25
Read twice and referred to the Committee on Banking.

A bill to prohibit the Federal Asset Disposition Association from paying severance pay in excess of certain civil service amounts.

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Summary

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