HR 4061 · 100th Congress · Finance and Financial Sector
Federal Deposit Insurance Assessment Equity Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1988-03-15)
Plain Language Summary
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Federal Deposit Insurance Assessment Equity Act - Amends the Federal Deposit Insurance Act to include foreign deposits in the assessment base of an insured bank for purposes of calculating the premium for bank deposit insurance. Decreases the bank deposit insurance assessment rate from one-twelfth of one percent to one-fourteenth of one percent of a bank's assessment base.…
Summarized by Claude AI · Non-partisan · For informational purposes only