HR 4674 · 106th Congress · Finance and Financial Sector
Federal Deposit Insurance Adjustment and Protection Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(2000-07-20)
Plain Language Summary
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Federal Deposit Insurance Adjustment and Protection Act - Amends the Federal Deposit Insurance Act to prescribe a formula for periodic adjustments to the maximum amount of deposit insurance coverage ($100,000), including an inflation adjustment with automatic temporary suspensions to preserve a specified minimum reserve ratio.…
Summarized by Claude AI · Non-partisan · For informational purposes only