Skip to main content
HR 3302 104th Congress House Finance and Financial Sector Bank accounts Deposit insurance Fees

Bank Fee Reduction Incentive Act of 1996

Introduced: April 23, 1996 Introduced by: Waters, Maxine Democratic · California See on congress.gov
 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
 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.

What's happening now May 3, 1996

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Committees of jurisdiction 2