HR 2298 · 102th Congress · Finance and Financial Sector

State and Local Government Employees Section 457 Plan Deposit Insurance Prevention Act

Introduced 1991-05-09· Sponsored by Rep. Matsui, Robert T. [D-CA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1991-06-03)

Plain Language Summary

[AI summary unavailable — showing source text] State and Local Government Employees Section 457 Plan Deposit Insurance Preservation Act - Amends the Federal Deposit Insurance Act to provide permanent Federal deposit insurance per participant on deposits in government-sponsored retirement savings (deferred compensation) plans placed in savings associations and banks for State and local government employees and for nonprofit corporation. (Currently such insurance will expire on January 29, 1992.)…

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

Cosponsors (20)

13 Democrats7 Republicans
Rep. Hubbard, Carroll, Jr. [D-KY-1]KY
Rep. Condit, Gary A. [D-CA-15]CA
Rep. Dixon, Julian C. [D-CA-28]CA
Rep. Dreier, David [R-CA-33]CA
Rep. Fazio, Vic [D-CA-4]CA
Rep. McGrath, Raymond J. [R-NY-5]NY
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Riggs, Frank [R-CA-1]CA
Rep. Young, Don [R-AK-At Large]AK
Rep. Mineta, Norman Y. [D-CA-13]CA
Rep. Herger, Wally [R-CA-2]CA
Rep. McCurdy, Dave [D-OK-4]OK
Rep. Ackerman, Gary L. [D-NY-7]NY
Rep. Jontz, Jim [D-IN-5]IN
Rep. Berman, Howard L. [D-CA-26]CA
Rep. Dellums, Ronald V. [D-CA-8]CA
Rep. Hayes, Charles A. [D-IL-1]IL
Rep. Lehman, William [D-FL-17]FL
Rep. Stark, Fortney Pete [D-CA-9]CA
Rep. Emerson, Bill [R-MO-8]MO