S 1685 · 103th Congress · Finance and Financial Sector

DOE Minority Bank Preservation Act of 1993

Introduced 1993-11-19· Sponsored by Sen. Moseley-Braun, Carol [D-IL]· Senate

Bill Progress

Introduced
2
Committee
Senate Vote
4
House
5
Enacted
Latest: Message on Senate action sent to the House.(1993-11-20)

Plain Language Summary

[AI summary unavailable — showing source text] DOE Minority Bank Preservation Act of 1993 - Amends the Federal Deposit Insurance Act to provide separate Federal deposit insurance for each beneficiary of an irrevocable trust or insured depository institution depositing funds pursuant to the Bank Deposit Financial Assistance Program of the Department of Energy. Authorizes appropriations for wastewater treatment projects in minority communities with special needs in order to: (1) improve housing stock infrastructure; and (2) abate health hazards caused by groundwater contamination.…

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

Cosponsors (3)

1 Democrat2 Republicans