HR 6345 · 109th Congress · Finance and Financial Sector

To make a conforming amendment to the Federal Deposit Insurance Act with respect to examinations of certain insured depository institutions, and for other purposes.

Introduced 2006-12-05· Sponsored by Rep. Bachus, Spencer [R-AL-6]· House

Bill Progress

Introduced
Committee
House Vote
Senate
Enacted
Latest: Became Public Law No: 109-473.(2007-01-11)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Federal Deposit Insurance Act to increase from $250 million to $500 million the maximum size of a small insured depository institution which the appropriate federal banking agency may subject to a full-scope, on-site examination every 18 months (instead of every 12 months), if the greater amount would be consistent with the principles of institution safety and soundness.…

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

Cosponsors (2)

1 Democrat1 Republican