PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 557 (107th)

Deposit Insurance Fairness and Economic Opportunity Act

referredUnited States· United States Congress· EN

Introduced

12 February 2001

Last action

Status

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsors

Subjects

Discovery layer

Source updated

19 August 2025

Summary

Deposit Insurance Fairness and Economic Opportunity Act - Amends the Federal Deposit Insurance Act to set forth a schedule under which the Board of Directors of the Federal Deposit Insurance Corporation shall transfer annually to the Financing Corporation (FICO), for payment of FICO interest obligations, such amounts as exceed 1.40 percent of the total estimated deposits insured by the Bank Insurance Fund and the Savings Association Insurance Fund, respectively, when amounts in both Funds exceed that percentage.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.