HR 2634 · 100th Congress · Finance and Financial Sector

Government Deposits Insurance Act of 1987

Introduced 1987-06-09· Sponsored by Rep. Robinson, Tommy F. [D-AR-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1987-06-15)

Plain Language Summary

[AI summary unavailable — showing source text] Government Deposits Insurance Act of 1987 - Increases from $100,000 to $500,000 the amount of deposit insurance for accounts established by Federal, State, or local governments in institutions insured by the Federal Deposit Insurance Corporation, the Federal Savings and Loan Insurance Corporation, and the National Credit Union Administration.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

3 Democrats1 Republican
Rep. Conyers, John, Jr. [D-MI-1]MI
Rep. Hawkins, Augustus F. [D-CA-29]CA
Rep. Espy, Mike [D-MS-2]MS
Rep. Davis, Jack [R-IL-4]IL