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HR 5610 101th Congress House

Deposit Insurance Funds Protection Act of 1990

Official title: To amend the Federal Deposit Insurance Act to remove the caps imposed on deposit insurance premiums and annual preium increases, to allow the assessment rates … Show full official titleShow less

Official title: To amend the Federal Deposit Insurance Act to remove the caps imposed on deposit insurance premiums and annual preium increases, to allow the assessment rates to be adjusted more frequently than annually, and for other purposes.

Introduced: September 14, 1990 See on congress.gov
Finance and Financial Sector Deposit insuranceInsurance premiumsInsurance ratesSavings and loan associations
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This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 12 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 18, 1990
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 831. By unanimous consent.
Sep 17, 1990
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Sep 17, 1990
Motion to reconsider laid on the table Agreed to without objection.
Sep 17, 1990
On motion to suspend the rules and pass the bill Agreed to by voice vote.
Sep 17, 1990
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
Sep 17, 1990
DEBATE - The House proceeded with forty minutes of debate.
Sep 17, 1990
On ordering a second Agreed to without objection.
Sep 17, 1990
Considered under suspension of the rules.
Sep 17, 1990
Mr. Wylie demanded a second on the motion to suspend the rules.
Sep 17, 1990
Mr. Gonzalez moved to suspend the rules and pass the bill.
Sep 13, 1990
Referred to the House Committee on Banking, Finance + Urban Affrs.
Sep 13, 1990
Introduced in House
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 Latest action September 18, 1990

Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 831. By unanimous consent.

 Plain-English summary Congressional Research Service

Deposit Insurance Funds Protection Act of 1990 - Amends the Federal Deposit Insurance Act to repeal the specified maximum assessment rates for Bank Insurance Fund members and Savings Association Insurance Fund members.

Directs the Federal Deposit Insurance Corporation to: (1) set assessment rates for insured depository institutions at such times as it determines, in its sole discretion, to be appropriate; and (2) provide public notice of assessment rate changes within a 60 day time-frame.

 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2
D
Pelosi, Nancy
California · Sep 17, 1990
 D
Schumer, Charles E.
New York · Sep 14, 1990
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5610: Deposit Insurance Funds Protection Act of 1990. 101st Congress. Open America. https://openamerica.io/bill/101-HR-5610/
MLA
"H.R. 5610: Deposit Insurance Funds Protection Act of 1990." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-5610/.
Bluebook (legal)
H.R. 5610, 101st Cong. (2026), https://openamerica.io/bill/101-HR-5610/.
Markdown link
[H.R. 5610: Deposit Insurance Funds Protection Act of 1990](https://openamerica.io/bill/101-HR-5610/)
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