A bill to eliminate the special reserve funds created for the Savings Association Insurance Fund and the Deposit Insurance Fund, and for other purposes.

openUnited States· United States Congress· EN

Introduced

4 February 1999

Last action

4 May 1999 · Introduced

Status

Sponsor introductory remarks on measure. (CR S4628)

Summary

Amends the Federal Deposit Insurance Act and the Deposit Insurance Funds Act of 1996 to eliminate the Special Reserve of the Savings Association Insurance Fund and the Deposit Insurance Fund, respectively (established to provide emergency funds if the reserve ratio of either fund remains below 50 percent of its designated ratio for one year).

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

Timeline

4 February 1999
Introduced
Sponsor introductory remarks on measure. (CR S1276-1277)
Source: IntroReferral
4 February 1999
Introduced
Read twice and referred to the Committee on Banking.
Source: IntroReferral
4 February 1999
Introduced
Introduced in Senate
Source: IntroReferral
4 May 1999
Introduced
Sponsor introductory remarks on measure. (CR S4628)
Source: IntroReferral

Votes

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Versions

Introduced in Senate · 4 February 1999 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 4 February 1999
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Introduced in Senate (PDF)
Introduced in Senate · EN · 4 February 1999
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Introduced in Senate
summary · EN · 4 February 1999
Open at official source
Leesvertaling
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Related records

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Sources

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

Official source: https://www.congress.gov/bill/106th-congress/senate-bill/377
Open data entity: https://api.congress.gov/v3/bill/106/s/377
us · 106-s-377 · source updated 14 January 2025