HR 1574 · 104th Congress · Finance and Financial Sector
Bank Insurance Fund and Depositor Protection Act of 1995
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and read twice and referred to the Committee on Banking.(1995-12-13)
Plain Language Summary
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Bank Insurance Fund and Depositor Protection Act of 1995 - Amends the Federal Deposit Insurance Act to exclude from its definition of "deposit" any liability of an insured depository institution that arises under an annuity contract, the income on which is tax deferred (thus excluding such liabilities from Federal deposit insurance coverage).…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
2 Democrats2 Republicans