United States · Bill · HR
H.R. 2623 (99th)
A bill to provide that no depository institution may accept deposits unless such depository institution is either federally insured or insured by a State-sponsored insurance program which is backed by the full faith and credit of the State involved.
Introduced
23 May 1985
Last action
—
Status
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Sponsors
—
Subjects
Discovery layer
Source updated
6 February 2024
Summary
Prohibits a depository institution from accepting deposits unless it is either federally insured or insured by a State-sponsored insurance program which is backed by the full faith and credit of the State involved.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 23 May 1985
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/house-bill/2623
- Open data entity: https://api.congress.gov/v3/bill/99/hr/2623