Persian Gulf War Bond Act of 1991 - Title I: Persian Gulf War Bonds - Directs the Secretary of the Treasury (the Secretary) to issue bonds to pay for Federal expenditures associated with the Persian Gulf conflict that will not be paid for by contributions from foreign countries. Prescribes issuance guidelines.
Encourages the Secretary of Defense to make all possible efforts to secure purchase of this issuance by those involved in contracts for weapons programs. Authorizes the Secretary to make substitute financing offerings to bring about the same result.
Title II: Savings and Loan Refinancing Bonds - Savings and Loan Refinancing Bond Act of 1991 - Directs the Secretary to issue bonds the proceeds of which shall be used for Federal expenditures associated with obligations resulting from savings and loan failures. Prescribes issuance guidelines.
Introduced in House
Introduced in House
Referred to the House Committee on Armed Services.
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Procurement and Military Nuclear Systems.
Executive Comment Requested from DOD.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Unfavorable Executive Comment Received from Treasury.
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