HB 1405: Insurer-members of Federal Home Loan Banks
GENERAL BILL by Buchanan
Insurer-members of Federal Home Loan Banks; Provides automatic stays in delinquency proceedings initiated by DFS against federal home loan bank insurer-members prohibit bank from being stayed or precluded from certain rights; requires banks to provide specified processes & establish specified timelines; prohibits receivers for federal home loan bank insurer-members from voiding transfers or obligations to make specified transfers relating to federal home loan security agreements.
Effective Date: 7/1/2022
Last Action: 3/14/2022 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF
Last Action: 3/14/2022 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/8/2022 | House |
• Filed |
| 1/11/2022 | House |
• 1st Reading (Original Filed Version) |
| 1/14/2022 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Civil Justice & Property Rights Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 3/12/2022 | House |
• Indefinitely postponed and withdrawn from consideration |
| 3/14/2022 | House |
• Died in Insurance & Banking Subcommittee |
