HR 4061 · 100th Congress · Finance and Financial Sector

Federal Deposit Insurance Assessment Equity Act

Introduced 1988-03-02· Sponsored by Rep. Kleczka, Gerald D. [D-WI-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1988-03-15)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (7)

7 Democrats