Fair Deposit Insurance Assessment Act

Summary

Fair Deposit Insurance Assessment Act - Amends the Federal Deposit Insurance Act to include foreign deposits in the assessment base of an insured bank for purposes of calculating the premium for bank deposit insurance. Decreases the bank deposit insurance assessment rate from one-twelfth of one percent to one-fourteenth of one percent of a bank's assessment base.

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

Timeline

1. 21 April 1988

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 21 April 1988

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 21 April 1988

  Open at official source

Sponsors

• Sen. Nickles, Don [R-OK] · R · Sponsor
• · ssbk00 · Standing

Related records

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