[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1682 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 1682

                  To repeal the Truth in Savings Act.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 2, 1993

  Mr. Orton introduced the following bill; which was referred to the 
            Committee on Banking, Finance and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
                  To repeal the Truth in Savings Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REPEAL OF TRUTH IN SAVINGS ACT.

    (a) In General.--Subtitle F of title II of the Federal Deposit 
Insurance Corporation Improvement Act of 1991 is hereby repealed.
    (b) Technical and Conforming Amendment.--The table of contents of 
the Federal Deposit Insurance Corporation Improvement Act of 1991 is 
amended by striking the item relating to subtitle F of title II of such 
Act and all that follows through the item relating to section 274.

SEC. 2. WAIVER OF LIABILITY FOR ANY PRIOR VIOLATION.

    Notwithstanding any provision of the Truth in Savings Act, no 
person shall be liable for any violation of such Act, or any regulation 
prescribed under such Act, which occurred before the date of the 
enactment of this Act.

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