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S 1419 103th Congress Senate Finance and Financial Sector Bank failures Deposit insurance Savings and loan associations

A bill to provide for regional equity in funding resolution of failed savings associations, and for other purposes.

Introduced: August 6, 1993 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) 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
Aug 6, 1993
Read twice and referred to the Committee on Banking.
Aug 6, 1993
Sponsor introductory remarks on measure. (CR S10894-10896)
Aug 6, 1993
Introduced in Senate
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 Plain-English summary Congressional Research Service

Amends the Federal Home Loan Bank Act to direct the Resolution Trust Corporation to: (1) determine the aggregate amounts expended in providing assistance for case resolutions during a certain time period for federally insured State savings associations; and (2) apportion those amounts among the States according to a specified formula reflecting their respective contributions to the cost of resolving State-chartered thrifts since 1988 (thus resulting in higher contributions from high-risk States).

Requires the Federal Deposit Insurance Corporation to terminate the deposit insurance for State depository institutions located in any State which fails to pay the required contributions.

What's happening now August 6, 1993

Read twice and referred to the Committee on Banking.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 1419: A bill to provide for regional equity in funding resolution of failed savings associations, and for other purposes.. 103rd Congress. Open America. https://openamerica.io/bill/103-S-1419/
MLA
"S. 1419: A bill to provide for regional equity in funding resolution of failed savings associations, and for other purposes.." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-S-1419/.
Bluebook (legal)
S. 1419, 103rd Cong. (2026), https://openamerica.io/bill/103-S-1419/.
Markdown link
[S. 1419: A bill to provide for regional equity in funding resolution of failed savings associations, and for other purposes.](https://openamerica.io/bill/103-S-1419/)
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