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HR 890 103th Congress House Finance and Financial Sector Administrative procedure Bank deposits Bank failures Certificates of deposit Claims Credit unions Deposit insurance Federal Deposit Insurance Corporation Forfeiture Government paperwork Limitation of actions National Credit Union Administration Savings and loan associations State laws

Unclaimed Deposits Amendments Act of 1993

Introduced: February 16, 1993 See on congress.gov
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 Everywhere this bill has been 29 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 28, 1993
Became Public Law No: 103-44.
Jun 28, 1993
Signed by President.
Jun 16, 1993
Presented to President.
Jun 9, 1993
Motion to reconsider laid on the table Agreed to without objection.
Jun 9, 1993
On motion that the House agree to the Senate amendments Agreed to without objection. (consideration: CR H3355)
Jun 9, 1993
Resolving differences -- House actions: On motion that the House agree to the Senate amendments Agreed to without objection.(consideration: CR H3355)
Jun 9, 1993
Mr. Neal (NC) asked unanimous consent that the House agree to the Senate amendments.
Jun 8, 1993
Message on Senate action sent to the House.
May 27, 1993
Passed Senate with an amendment by Voice Vote. (consideration: CR S6730-6731)
May 27, 1993
Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.(consideration: CR S6730-6731)
May 27, 1993
Amendment SP 387 agreed to in Senate by Voice Vote.
May 27, 1993
Amendment SP 387 proposed by Senator Mitchell for Senator Riegle.
May 27, 1993
Measure laid before Senate by unanimous consent. (consideration: CR S2777)
Mar 11, 1993
Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 33.
Mar 3, 1993
Received in the Senate.
Mar 2, 1993
The title of the measure was amended. Agreed to without objection.
Mar 2, 1993
Motion to reconsider laid on the table Agreed to without objection.
Mar 2, 1993
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays (2/3 required): 409 - 1 (Roll No. 43).
Mar 2, 1993
Considered as unfinished business. (consideration: CR H948)
Mar 2, 1993
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the chair announced that further proceedings on the motion would be postponed.
Mar 2, 1993
DEBATE - The House proceeded with forty minutes of debate.
Mar 2, 1993
Considered under suspension of the rules. (consideration: CR H920-923)
Mar 2, 1993
Mr. Neal (NC) moved to suspend the rules and pass the bill, as amended.
Feb 24, 1993
Forwarded by Subcommittee to Full Committee (Amended).
Feb 24, 1993
Subcommittee Consideration and Mark-up Session Held.
Feb 24, 1993
Subcommittee Hearings Held.
Feb 24, 1993
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.
Feb 16, 1993
Referred to the House Committee on Banking, Finance + Urban Affrs.
Feb 16, 1993
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Mar 2, 1993 House · vote #43 SUSPEND THE RULES AND PASS, AS AMENDED Passed 409–1 See who voted →
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

1 agreed to

AmendmentSponsorPurposeStatusLatest action
SAMDT 387 – To amend the Federal Deposit Insurance Act to improve the procedures for treating unclaimed insured deposits,… Agreed to May 27, 1993
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 Plain-English summary Congressional Research Service

Unclaimed Deposits Amendments Act of 1993 - Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to direct the Federal Deposit Insurance Corporation (FDIC), the Resolution Trust Corporation (RTC), and the National Credit Union Administration Board (NCUAB) respectively, in their capacity as receiver, to transfer certain unclaimed insured deposits to the custody of the appropriate State authority for disposition according to its abandoned or unclaimed property laws (thus precluding inadvertent forfeiture of long-term certificates of deposits by owners who were unaware of the need to file claims against the failed institution). Provides for such a transfer when a State accepts the offer. Requires the appropriate regulatory agency, if a State rejects such an offer, to permit a depositor to make a claim against the agency until the receivership ends.

Reverts all such transferred unclaimed insured deposits back to the FDIC, RTC, or the NCUAB if they remain unclaimed for a ten-year period.

Applies such disposition procedures retroactively to deposits in institutions closed after January 1, 1989 (except for certain institutions in closed receiverships or credit unions fully liquidated before the enactment of this Act).

Permits depositors who inadvertently forfeited their insured deposits ("qualifying depositors") to file claims with either the FDIC, the RTC, or the NCUAB, as appropriate.

What's happening now June 28, 1993

Became Public Law No: 103-44.

 Bill text 6 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Neal, Richard E.
Massachusetts · Feb 23, 1993
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 890: Unclaimed Deposits Amendments Act of 1993. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-890/
MLA
"H.R. 890: Unclaimed Deposits Amendments Act of 1993." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-890/.
Bluebook (legal)
H.R. 890, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-890/.
Markdown link
[H.R. 890: Unclaimed Deposits Amendments Act of 1993](https://openamerica.io/bill/103-HR-890/)
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