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S. 360 101st Congress Senate

Fair Deposit Insurance Assessment Act

Official title: A bill to amend the Federal Deposit Insurance Act to provide deposit insurance in a manner which does not discriminate against small-and-medium-sized banks by … Show full official titleShow less

Official title: A bill to amend the Federal Deposit Insurance Act to provide deposit insurance in a manner which does not discriminate against small-and-medium-sized banks by expanding the assessment base and reducing the assessment rate for deposit insurance.

Introduced: March 3, 1989 See on congress.gov
Finance and Financial Sector Bank depositsDeposit insuranceForeign Trade and International FinanceForeign investmentsInsurance premiums
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 7, 1989
Read twice and referred to the Committee on Banking.
Feb 7, 1989
Introduced in Senate
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 Latest action February 7, 1989

Read twice and referred to the Committee on Banking.

 Plain-English summary Congressional Research Service

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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Mar 3, 1989
Cite this page click to expand
APA
U.S. Congress. (2026). S. 360: Fair Deposit Insurance Assessment Act. 101st Congress. Open America. https://openamerica.io/bill/101-S-360/
MLA
"S. 360: Fair Deposit Insurance Assessment Act." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-S-360/.
Bluebook (legal)
S. 360, 101st Cong. (2026), https://openamerica.io/bill/101-S-360/.
Markdown link
[S. 360: Fair Deposit Insurance Assessment Act](https://openamerica.io/bill/101-S-360/)
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