To reform the Federal Deposit Insurance System, and for other purposes.

Summary

Amends the Federal Deposit Insurance Act to increase the standard maximum amount of deposit insurance from $100,000 to: (1) $250,000 , $500,000, $750,000, or $1 million, at the option of the insured depository institution; and (2) $250,000, $500,000, $750,000, or $1 million for eligible retirement accounts, at the institution's option. Requires an annual inflation adjustment. Directs the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA) Board to report to Congress and publish in the Federal Register any such inflation adjustments to the standard maximum deposit insurance amount and to the standard maximum share insurance amount.

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

Timeline

1. 3 October 2008

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 3 October 2008

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 October 2008

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 3 October 2008 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 3 October 2008

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 3 October 2008

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 3 October 2008

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Gohmert, Louie [R-TX-1] · R · Sponsor
• Rep. Drake, Thelma D. [R-VA-2] · R · Sponsor
• Sen. Blackburn, Marsha [R-TN] · R · Sponsor
• Rep. Foxx, Virginia [R-NC-5] · R · Sponsor
• Rep. Broun, Paul C. [R-GA-10] · R · Sponsor
• Rep. McCotter, Thaddeus G. [R-MI-11] · R · Sponsor
• Rep. Feeney, Tom [R-FL-24] · R · Sponsor
• Rep. Nunes, Devin [R-CA-22] · R · Sponsor
• · hsba00 · Standing

Related records

• related to → To reform the Federal Deposit Insurance System, and for other purposes.