HR 5008 · 101th Congress · Finance and Financial Sector

State and Local Government Employees Section 457 Plan Deposit Insurance Act

Introduced 1990-06-12· Sponsored by Rep. Hubbard, Carroll, Jr. [D-KY-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1990-07-02)

Plain Language Summary

[AI summary unavailable — showing source text] State and Local Government Employees Section 457 Plan Deposit Insurance Act - Amends the Federal Deposit Insurance Act to provide the same deposit insurance treatment for deposits of State and local government tax-exempt nonprofit organization deferred compensation plans as is provided for deposits of Keogh plans and individual retirement accounts.…

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

Cosponsors (11)

8 Democrats3 Republicans
Rep. Matsui, Robert T. [D-CA-3]CA
Rep. Fazio, Vic [D-CA-4]CA
Rep. Dreier, David [R-CA-33]CA
Rep. Hughes, William J. [D-NJ-2]NJ
Rep. Pashayan, Charles, Jr. [R-CA-17]CA
Rep. Edwards, Don [D-CA-10]CA
Rep. Lehman, William [D-FL-17]FL
Rep. Lagomarsino, Robert J. [R-CA-19]CA
Rep. Condit, Gary A. [D-CA-15]CA
Rep. Boxer, Barbara [D-CA-6]CA
Rep. Lowey, Nita M. [D-NY-20]NY