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United States · Bill · S

S. 2800 (96th)

A bill to provide for full insurance for deposits of public funds in insured banks, thrift institutions, and credit unions.

referredUnited States· United States Congress· EN

Introduced

9 June 1980

Last action

Status

Referred to Senate Committee on Banking, Housing and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Federal Deposit Insurance Act, the National Housing Act, and the Federal Credit Union Act to provide insurance for the full amount of public funds deposited in insured banks, thrift institutions, and credit unions. Repeals the restriction on the Federal Deposit Insurance Corporation's authority to limit the aggregate amount of funds that may be deposited in insured banks.

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Documents

1 official file

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Sources

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