HR 3352 · 102th Congress · Finance and Financial Sector

Deposit Insurance Improvement and Taxpayer Protection Act of 1991

Introduced 1991-09-17· Sponsored by Rep. McMillen, Thomas [D-MD-4]· 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.(1991-10-01)

Plain Language Summary

[AI summary unavailable — showing source text] Deposit Insurance Improvement and Taxpayer Protection Act of 1991 - Amends the Federal Deposit Insurance Act to authorize insured depository institutions to offer depositors the option to purchase deposit insurance for amounts in excess of $100,000. Directs the Federal Deposit Insurance Corporation to solicit competitive bids from private insurance companies for such coverage.…

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

Cosponsors (1)

1 Democrat
Rep. Smith, Lawrence [D-FL-16]FL