Skip to main content
HR 3278 106th Congress House Finance and Financial Sector Bank failures Commerce Deposit insurance Economics and Public Finance Financing Corporation Government Operations and Politics Government corporations Government trust funds Interest Savings and loan associations Tax-exempt securities

Financing Corporation Assessment Elimination Act of 1999

Introduced: November 9, 1999 Introduced by: Lucas, Frank D. Republican · Oklahoma See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 2, 1999
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Nov 9, 1999
Referred to the House Committee on Banking and Financial Services.
Nov 9, 1999
Sponsor introductory remarks on measure. (CR E2315)
Nov 9, 1999
Introduced in House
 Plain-English summary Congressional Research Service
Financing Corporation Assessment Elimination Act of 1999 - Amends the Federal Deposit Insurance Act to mandate transfer to the Financing Corporation, to cover interest payments, issuance costs, and custodial fees on its obligations, of designated funds in the Bank Insurance Fund and the Savings Association Insurance Fund which exceed a specified reserve ratio.
What's happening now December 2, 1999

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Committees of jurisdiction 2