HR 2661 · 103th Congress · Finance and Financial Sector

Depository Institutions Disaster Relief Act of 1993

Introduced 1993-07-15· Sponsored by Rep. Grams, Rod [R-MN-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.(1993-08-03)

Plain Language Summary

[AI summary unavailable — showing source text] Depository Institutions Disaster Relief Act of 1993 - Amends the Federal Deposit Insurance Act to cite circumstances under which a Federal banking regulatory agency may waive regulatory requirements for insured depository institutions located in federally declared major disaster areas. Limits the waivers to a three-year period. Requires such agency to give notice of the waiver in the Federal Register.…

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

Cosponsors (19)

8 Democrats11 Republicans