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H.R. 1171 102nd Congress House

State Thrift Deposit Insurance Premium Act of 1991

Official title: To amend the Federal Deposit Insurance Act to require States in which the failure of State savings associations has involved a disproportionately large share o… Show full official titleShow less

Official title: To amend the Federal Deposit Insurance Act to require States in which the failure of State savings associations has involved a disproportionately large share of the thrift resolution costs, including costs incurred by the Resolution Trust Corporation, to pay a State thrift deposit insurance premium as a condition of future federal deposit insurance.

Introduced: February 27, 1991 See on congress.gov
Finance and Financial Sector Bank depositsBank failuresDeposit insuranceInsurance premiums
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Savings and loan associationsState finance
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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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 15, 1991
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Feb 27, 1991
Referred to the House Committee on Banking, Finance + Urban Affrs.
Feb 27, 1991
Introduced in House
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 Latest action March 15, 1991

Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

 Plain-English summary Congressional Research Service

State Thrift Deposit Insurance Premium Act of 1991 - Amends the Federal Deposit Insurance Act to direct the Federal Deposit Insurance Corporation to determine and apportion among the States the cumulative cost of Federal assistance provided to State-chartered savings associations for case resolutions. Declares as "high risk" any State whose share of State resolution costs exceeds twice its share of 1980 State deposits.

Mandates that each high risk State pay to the Savings Association Insurance Fund (SAIF) prescribed premiums reflecting such risk. Sets forth insurance termination procedures if a State fails to pay the required premium. Requires depositor notification of such insurance termination. Mandates that the premium paid by high-risk States into the SAIF shall be available to pay the thrift resolution costs incurred by the FSLIC Resolution Fund or the Resolution Trust Corporation, as appropriate.

 Related & companion bills 1
  • S 955 Identical bill State Thrift Deposit Insurance Premium Act of 1991
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 6
All 6 Democratic 2 Independent 1
LIPINSKI, WILLIAM
· Mar 19, 1991
HOUGHTON, AMO
· Feb 27, 1991
 D
Kaptur, Marcy
Ohio · Feb 27, 1991
KLECZKA, GERALD
· Feb 27, 1991
 D
Neal, Richard E.
Massachusetts · Feb 27, 1991
 I
Sanders, Bernard
Vermont · Feb 27, 1991
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1171: State Thrift Deposit Insurance Premium Act of 1991. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-1171/
MLA
"H.R. 1171: State Thrift Deposit Insurance Premium Act of 1991." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-1171/.
Bluebook (legal)
H.R. 1171, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-1171/.
Markdown link
[H.R. 1171: State Thrift Deposit Insurance Premium Act of 1991](https://openamerica.io/bill/102-HR-1171/)
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