To abolish the Thrift Depositor Protection Oversight Board, and for other purposes.
Thrift Depositor Protection Oversight Board Abolishment Act - Abolishes the Thrift Depositor Protection Oversight Board.
Transfers to the Secretary of the Treasury the Board's authorities and duties under the Federal Home Loan Bank Act.
Amends the Resolution Trust Corporation Completion Act with respect to the Affordable Housing Advisory Board to: (1) remove from it the Chairperson of the Thrift Depositor Protection Oversight Board; (2) reduce the number of mandatory meetings from four times a year to twice yearly; and (3) repeal the requirement for meetings in different regions of the United States in which substantial residential property assets of the FDIC or the Resolution Trust Corporation are located.
Introduced in House
Introduced in House
Referred to the House Committee on Banking and Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Banking and Financial Services. H. Rept. 105-249.
Reported (Amended) by the Committee on Banking and Financial Services. H. Rept. 105-249.
Placed on the Union Calendar, Calendar No. 143.
Placed on the Corrections Calendar, Calendar No. 4.
Called up from the Corrections Calendar for consideration.
Considered from the Corrections Calendar. (consideration: CR H7614-7617, H7654)
DEBATE - The House proceeded with debate on the bill and on the amendment in the nature of a substitute.
The previous question was ordered without objection on both the committee amendment and on the bill.
POSTPONED PROCEEDINGS - The Chair put the question on the passage of the bill as amended and by voice vote, declared that 3/5 of those present had responded in the affirmative. Mrs. Maloney of New York objected to the voice vote based upon the absence of a quorum and the Chair postponed further proceedings until later in the day. The point of no quorum was considered as withdrawn.
Considered as unfinished business.
Passed/agreed to in House: On passage Passed by the Yeas and Nays: (3/5 required): 420 - 0 (Roll no. 416).
Roll Call #416 (House)On passage Passed by the Yeas and Nays: (3/5 required): 420 - 0 (Roll no. 416).
Roll Call #416 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and read twice and referred to the Committee on Banking.
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