Savings Association Insurance Fund Recapitalization Act of 1995

Summary

Savings Association Insurance Fund Recapitalization Act of 1995 - Amends the Federal Deposit Insurance Act (FDIA) to direct the Secretary of the Treasury to transfer funds not needed by the Resolution Trust Corporation to the Savings Association Insurance Fund (SAIF) to implement the purposes of the FDIA. Repeals the prerequisite that such transfer take place only upon the making of specified certifications to the Congress by the Chairperson of the Federal Deposit Insurance Corporation (FDIC) Board of Directors. Amends the Federal Home Loan Bank Act to mandate payment of Financing Corporation costs by all FDIC-insured depository institutions. Amends the FDIA to repeal the minimum assessment requirements for any deposit insurance fund (including SAIF) risk-based assessment system.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 7 April 1995

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• Introduced in House (PDF)

  Introduced in House · EN · 7 April 1995

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• Introduced in House

  summary · EN · 7 April 1995

  Open at official source

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