State Thrift Deposit Insurance Premium Act of 1991

Summary

State Thrift Deposit Insurance Premium Act of 1991 - Amends the Federal Deposit Insurance Act to direct the Federal Deposit Insurance Corporation to determine and apportion among the States the cumulative cost of Federal assistance provided to State-chartered savings associations for case resolutions. Declares as "high risk" any State whose share of State resolution costs exceeds twice its share of 1980 State deposits. Mandates that each high risk State pay to the Savings Association Insurance Fund (SAIF) prescribed premiums reflecting such risk. Sets forth insurance termination procedures if a State fails to pay the required premium. Requires depositor notification of such insurance termination. Mandates that the premium paid by high-risk States into the SAIF shall be available to pay the thrift resolution costs incurred by the FSLIC Resolution Fund or the Resolution Trust Corporation, as appropriate.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 27 February 1991

   Introduced

   Introduced in House

   Source: IntroReferral

2. 27 February 1991

   Introduced

   Referred to the House Committee on Banking, Finance + Urban Affrs.

   Source: IntroReferral

3. 27 February 1991

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 March 1991

   Referred

   Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 27 February 1991

  Open at official source

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Sponsors

• Rep. Wolpe, Howard E. [D-MI-3] · D · Sponsor
• Rep. Horton, Frank J. [R-NY-29] · R · Sponsor
• Rep. Kaptur, Marcy [D-OH-9] · D · Sponsor
• Rep. Kleczka, Gerald D. [D-WI-4] · D · Sponsor
• Rep. Kanjorski, Paul E. [D-PA-11] · D · Sponsor
• Rep. Gejdenson, Sam [D-CT-2] · D · Sponsor
• Rep. Obey, David R. [D-WI-7] · D · Sponsor
• Rep. McCloskey, Frank [D-IN-8] · D · Sponsor
• Rep. Gunderson, Steve [R-WI-3] · R · Sponsor
• Rep. Miller, Clarence E. [R-OH-10] · R · Sponsor
• Rep. Hyde, Henry J. [R-IL-6] · R · Sponsor
• Rep. Long, Jill L. [D-IN-4] · D · Sponsor
• Rep. Shays, Christopher [R-CT-4] · R · Sponsor
• Rep. Russo, Martin A. [D-IL-3] · D · Sponsor
• Rep. Hochbrueckner, George J. [D-NY-1] · D · Sponsor
• Rep. Johnson, Nancy L. [R-CT-5] · R · Sponsor
• Rep. Boehlert, Sherwood [R-NY-24] · R · Sponsor
• Rep. McDade, Joseph M. [R-PA-10] · R · Sponsor
• Rep. Sharp, Philip R. [D-IN-2] · D · Sponsor
• Rep. Houghton, Amo [R-NY-31] · R · Sponsor
• Rep. Bruce, Terry L. [D-IL-19] · D · Sponsor
• Rep. Hughes, William J. [D-NJ-2] · D · Sponsor
• Rep. Bonior, David E. [D-MI-10] · D · Sponsor
• Rep. Dellums, Ronald V. [D-CA-9] · D · Sponsor
• Rep. Green, S. William [R-NY-15] · R · Sponsor
• Rep. Sensenbrenner, F. James, Jr. [R-WI-5] · R · Sponsor
• Rep. Paxon, Bill [R-NY-27] · R · Sponsor
• Rep. Annunzio, Frank [D-IL-11] · D · Sponsor
• Rep. Henry, Paul B. [R-MI-5] · R · Sponsor
• Rep. Neal, Richard E. [D-MA-1] · D · Sponsor
• Rep. Roukema, Marge [R-NJ-5] · R · Sponsor
• Rep. Visclosky, Peter J. [D-IN-1] · D · Sponsor
• Rep. Eckart, Dennis E. [D-OH-11] · D · Sponsor
• Rep. Roth, Toby [R-WI-8] · R · Sponsor
• Rep. Moody, Jim [D-WI-5] · D · Sponsor
• Sen. Sanders, Bernard [I-VT] · I · Sponsor
• Rep. Ford, William D. [D-MI-13] · D · Sponsor
• Rep. Sawyer, Tom [D-OH-14] · D · Sponsor
• Rep. Hayes, Charles A. [D-IL-1] · D · Sponsor
• Rep. Rangel, Charles B. [D-NY-15] · D · Sponsor
• Rep. Poshard, Glenn [D-IL-22] · D · Sponsor
• Rep. Solomon, Gerald B. H. [R-NY-22] · R · Sponsor
• Rep. Hamilton, Lee H. [D-IN-9] · D · Sponsor
• Rep. Traxler, Bob [D-MI-8] · D · Sponsor
• Rep. Vander Jagt, Guy [R-MI-9] · R · Sponsor
• Rep. Miller, John R. [R-WA-1] · R · Sponsor
• Rep. Hefner, W. G. (Bill) [D-NC-8] · D · Sponsor
• Sen. Johnson, Tim [D-SD] · D · Sponsor

Showing 48 of 69 sponsors and actors.

Related records

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