S 360
101th Congress
Senate
Finance and Financial Sector
Bank deposits
Deposit insurance
Foreign Trade and International Finance
Foreign investments
Insurance premiums
Fair Deposit Insurance Assessment Act
Introduced: February 7, 1989
See on congress.gov
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
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Banking.
Committees of jurisdiction
1
Cosponsors
1