[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1794 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 1794

   To amend the Truth in Savings Act to delay the effective date of 
                          certain regulations.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 21, 1993

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

_______________________________________________________________________

                                 A BILL


 
   To amend the Truth in Savings Act to delay the effective date of 
                          certain regulations.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Truth in Savings Amendments of 
1993''.

SEC. 2. EFFECTIVE DATE OF REGULATIONS.

    Section 269(a)(2) of the Truth in Savings Act (12 U.S.C. 
4308(a)(2)) is amended to read as follows:
            ``(2) Effective date of regulations.--
                    ``(A) In general.--Except as provided in 
                subparagraph (B), the regulations prescribed under 
                paragraph (1) shall take effect not later than 15 
                months after publication in final form.
                    ``(B) Regulations relating to payment of 
                interest.--The regulations prescribed under paragraph 
                (1) to carry out section 267 shall take effect not 
                later than 9 months after publication in final form.''.

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