Qualified Depositor Protection Bond Act of 1991
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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.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text
Cite this page
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/
"H.R. 1014: Qualified Depositor Protection Bond Act of 1991." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-1014/.
H.R. 1014, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-1014/.
[H.R. 1014: Qualified Depositor Protection Bond Act of 1991](https://openamerica.io/bill/102-HR-1014/)