United States · Bill · HR
H.R. 5511 (111th)
Transaction Account Guarantee Program Act of 2010
Introduced
10 June 2010
Last action
—
Status
Referred to the House Committee on Financial Services.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Transaction Account Guarantee Program Act of 2010 - Amends the Federal Deposit Insurance Act to establish the Transaction Account Guarantee (TAG) Program to provide a full guarantee for funds held in noninterest-bearing transaction accounts of insured depository institutions participating in the TAG Program. Requires an insured depository institution that wishes to participate in the TAG Program to submit an application to the Federal Deposit Insurance Corporation (FDIC). Allows an insured depository institution to opt-out of the TAG Program. Directs the FDIC to levy assessments on those insured depository institutions participating in the TAG Program.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 10 June 2010
Introduced in House (PDF)
Introduced in House · EN · 10 June 2010
Introduced in House
summary · EN · 10 June 2010
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/house-bill/5511
- Open data entity: https://api.congress.gov/v3/bill/111/hr/5511