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HR 3302 104th Congress House

Bank Fee Reduction Incentive Act of 1996

Official title: To amend the Federal Deposit Insurance Act to provide additional deposit insurance coverage for accounts at depository institutions which reduce net fee income… Show full official titleShow less

Official title: To amend the Federal Deposit Insurance Act to provide additional deposit insurance coverage for accounts at depository institutions which reduce net fee income in any year by 50 percent or more, and for other purposes.

Introduced: April 23, 1996 Introduced by: Waters, Maxine Democratic · California See on congress.gov
Finance and Financial Sector Bank accountsDeposit insuranceFees
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) 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
May 3, 1996
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Apr 23, 1996
Referred to the House Committee on Banking and Financial Services. Government Reform and Oversight, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 23, 1996
Introduced in House
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 Latest action May 3, 1996

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Plain-English summary Congressional Research Service

Bank Fee Reduction Incentive Act of 1996 - Amends the Federal Deposit Insurance Act to increase deposit insurance from $100,000 to $105,000 for an insured depository institution which reduces its net fee income for consumer accounts and transactions by 50 percent or more over any two consecutive semiannual periods.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 3302: Bank Fee Reduction Incentive Act of 1996. 104th Congress. Open America. https://openamerica.io/bill/104-HR-3302/
MLA
"H.R. 3302: Bank Fee Reduction Incentive Act of 1996." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-3302/.
Bluebook (legal)
H.R. 3302, 104th Cong. (2026), https://openamerica.io/bill/104-HR-3302/.
Markdown link
[H.R. 3302: Bank Fee Reduction Incentive Act of 1996](https://openamerica.io/bill/104-HR-3302/)
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