Depository Institutions Disaster Relief Act of 1992
Public Law 102-485 · H.R. 6050 · 102nd Congress · began in the House
Signed by George H. W. Bush (R) on Oct 23, 1992 · Finance and Financial Sector
Sponsor: Rep. Henry González (D-TX-20)
Cosponsors (5): Rep. Chalmers Wylie, Rep. Frank Annunzio,
Passage votes
- HouseVoice vote
- SenateVoice vote
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
Depository Institutions Disaster Relief Act of 1992 - Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to cite conditions under which real property-related transactions located within a presidentially declared national disaster area may be exempted from the Act's appraisal requirements.
Amends the Truth in Lending Act and the Expedited Funds Availability Act to authorize the Board of Governors of the Federal Reserve System to make additional exceptions to the requirements of such Acts with respect to institutions located within national disaster areas if it determines that the exception can reasonably be expected to produce benefits to the public that outweigh possible adverse effects.
Prescribes conditions under which the leverage limit formula prescribed under the Federal Deposit Insurance Act, and specified publication requirements pursuant to the Administrative Procedure Act, may be modified for insured depository institutions located in such disaster areas.
Amends the Revised Statutes and the Federal Reserve Act to authorize national banking associations and State member banks, respectively, to make investments primarily designed to promote the welfare of low- and moderate-income communities or families. Prescribes permissible liability parameters.
Expresses the sense of the Congress that specified Federal regulatory agencies should encourage depository institutions located in certain major national disaster areas to meet the financial services needs of their communities.
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 9 actions.
- Oct 23, 1992Became lawBecame law · Became Public Law No: 102-485.
- Became lawBecame law · Signed by President.
- Oct 16, 1992PresidentPresident · Presented to President.
- Oct 8, 1992FloorFloor · Passed Senate without amendment by Voice Vote.
- Oct 3, 1992FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
- FloorFloor · On motion to suspend the rules and pass the bill Agreed to by voice vote.
- FloorFloor · Mr. Gonzalez moved to suspend the rules and pass the bill.
- Sep 29, 1992CommitteeCommittee · Referred to House Financial Services Committee
- IntroducedIntroduced · Introduced in the House
Data notes
Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.