SCONRES 72 · 97th Congress · Finance and Financial Sector

A concurrent resolution reaffirming that deposits, up to the statutorily prescribed amount, in federally insured depository institutions are backed by the full faith and credit of the United States.

Introduced 1982-03-17· Sponsored by Sen. Garn, E. J. (Jake) [R-UT]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Indefinitely postponed by Senate by Unanimous Consent.(1982-03-23)

Plain Language Summary

[AI summary unavailable — showing source text] Reaffirms that deposits, up to the statutorily prescribed amount, in federally insured depository institutions are backed by the full faith and credit of the United States.…

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

Cosponsors (20)

7 Democrats13 Republicans
Sen. Tower, John G. [R-TX]TX
Sen. Heinz, John [R-PA]PA
Sen. Lugar, Richard G. [R-IN]IN
Sen. D'Amato, Alfonse [R-NY]NY
Sen. Chafee, John H. [R-RI]RI
Sen. Schmitt, Harrison H. [R-NM]NM
Sen. Proxmire, William [D-WI]WI
Sen. Cranston, Alan [D-CA]CA
Sen. Riegle, Donald W., Jr. [D-MI]MI
Sen. Sarbanes, Paul S. [D-MD]MD
Sen. Dodd, Christopher J. [D-CT]CT
Sen. Dixon, Alan J. [D-IL]IL
Sen. Baker, Howard H., Jr. [R-TN]TN
Sen. Gorton, Slade [R-WA]WA
Sen. Hatch, Orrin G. [R-UT]UT
Sen. Hawkins, Paula [R-FL]FL
Sen. McClure, James A. [R-ID]ID
Sen. Murkowski, Frank H. [R-AK]AK
Sen. Rudman, Warren [R-NH]NH
Sen. Eagleton, Thomas F. [D-MO]MO