A bill to provide for full insurance for deposits of public funds in insured banks, thrift institutions and credit unions.

[AI summary unavailable — showing source text] Amends the Federal Deposit Insurance Act, the National Housing Act, and the Federal Credit Union Act to provide insurance for the full amount of public funds deposited in insured banks, thrift institutions, and credit unions. Repeals the restriction on the Federal Deposit Insurance Corporation's authority to limit the aggregate amount of funds that may be deposited in insured banks.…