HR 3278 · 106th Congress · Finance and Financial Sector

Financing Corporation Assessment Elimination Act of 1999

Introduced 1999-11-09· Sponsored by Rep. Lucas, Frank D. [R-OK-6]· 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 and Consumer Credit.(1999-12-02)

Plain Language Summary

[AI summary unavailable — showing source text] Financing Corporation Assessment Elimination Act of 1999 - Amends the Federal Deposit Insurance Act to mandate transfer to the Financing Corporation, to cover interest payments, issuance costs, and custodial fees on its obligations, of designated funds in the Bank Insurance Fund and the Savings Association Insurance Fund which exceed a specified reserve ratio.…

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

Cosponsors (14)

5 Democrats9 Republicans
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. Burr, Richard [R-NC-5]NC
Rep. Price, David E. [D-NC-4]NC
Rep. Myrick, Sue Wilkins [R-NC-9]NC
Rep. Hayes, Robin [R-NC-8]NC
Rep. Etheridge, Bob [D-NC-2]NC
Rep. Ballenger, Cass [R-NC-10]NC
Rep. Watt, Melvin L. [D-NC-12]NC
Rep. Ryun, Jim [R-KS-2]KS
Rep. Coble, Howard [R-NC-6]NC
Rep. McIntyre, Mike [D-NC-7]NC
Rep. Taylor, Charles H. [R-NC-11]NC
Rep. Clayton, Eva M. [D-NC-1]NC
Rep. Bryant, Ed [R-TN-7]TN