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HR 1014 102th Congress House

Qualified Depositor Protection Bond Act of 1991

Official title: To amend the Internal Revenue Code of 1986 to allow the issuance of depositor protection tax-exempt bonds.

Introduced: February 20, 1991 Introduced by: Reed, Jack Democratic · Rhode Island See on congress.gov
Taxation Bank failuresDeposit insuranceFinance and Financial SectorIncome taxTax-exempt securities
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This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) 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 20, 1991
Referred to the House Committee on Ways and Means.
Feb 20, 1991
Introduced in House
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 Latest action February 20, 1991

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Qualified Depositor Protection Bond Act of 1991 - Amends the Internal Revenue Code to allow the issuance of tax-exempt qualified depositor protection bonds to repay depositors not otherwise insured in an insolvent financial institution located in a qualifying State, or to assist the reopening of closed financial institution in such State. Describes a qualifying State as one in which the Governor declares a bank holiday for a period of not less than five consecutive business days at no less than one-third of the State's financial institutions.

 Related & companion bills 1
  • S 373 Identical bill Qualified Depositor Protection Bond Act of 1991
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 1014: Qualified Depositor Protection Bond Act of 1991. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-1014/
MLA
"H.R. 1014: Qualified Depositor Protection Bond Act of 1991." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-1014/.
Bluebook (legal)
H.R. 1014, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-1014/.
Markdown link
[H.R. 1014: Qualified Depositor Protection Bond Act of 1991](https://openamerica.io/bill/102-HR-1014/)
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