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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

9 June 1980 · Introduced

Status

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

Sponsors

Sen. Magnuson, Warren G. [D-WA], Sen. Domenici, Pete V. [R-NM], Sen. Lugar, Richard G. [R-IN], Sen. Schmitt, Harrison H. [R-NM]

Subjects

Discovery layer

Source updated

14 January 2025

Official sourceView documentsShare

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.

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

Timeline

  1. 9 June 1980

    Introduced

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

    Source: IntroReferral

  2. 9 June 1980

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

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Sources

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