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
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
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Committees of jurisdiction
2