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S. 2293 106th Congress Senate

Deposit Insurance Fairness and Economic Opportunity Act

Official title: A bill to amend the Federal Deposit Insurance Act and the Federal Home Loan Bank Act to provide for the payment of Financing Corporation interest obligations f… Show full official titleShow less

Official title: A bill to amend the Federal Deposit Insurance Act and the Federal Home Loan Bank Act to provide for the payment of Financing Corporation interest obligations from balances in the deposit insurance funds in excess of an established ratio and, after such obligations are satisfied, to provide for rebates to insured depository institutions of such excess reserves.

Introduced: June 13, 2000 See on congress.gov
Finance and Financial Sector Bank failuresCommerceDeposit insuranceEconomics and Public Finance
More subjectsShow fewer subjects
Financing CorporationGovernment Operations and PoliticsGovernment corporationsGovernment trust fundsInterestRebatesSavings and loan associationsTax-exempt securities
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) 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
Mar 29, 2000
Sponsor introductory remarks on measure. (CR S1875-1876)
Mar 27, 2000
Introduced in Senate
Mar 27, 2000
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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 Latest action March 29, 2000

Sponsor introductory remarks on measure. (CR S1875-1876)

 Plain-English summary Congressional Research Service
Deposit Insurance Fairness and Economic Opportunity Act - Amends the Federal Deposit Insurance Act to set forth a schedule under which the Board of Directors of the Federal Deposit Insurance Corporation shall transfer annually to the Financing Corporation (FICO), for payment of FICO interest obligations, such amounts as exceed 1.40 percent of the total estimated deposits insured by the Bank Insurance Fund and the Savings Association Insurance Fund, respectively, when amounts in both Funds exceed that percentage.
 Related & companion bills 1
  • HR 4082 Deposit Insurance Fairness and Economic Opportunity Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Reed, Jack
Rhode Island · Jun 13, 2000
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2293: Deposit Insurance Fairness and Economic Opportunity Act. 106th Congress. Open America. https://openamerica.io/bill/106-S-2293/
MLA
"S. 2293: Deposit Insurance Fairness and Economic Opportunity Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-S-2293/.
Bluebook (legal)
S. 2293, 106th Cong. (2026), https://openamerica.io/bill/106-S-2293/.
Markdown link
[S. 2293: Deposit Insurance Fairness and Economic Opportunity Act](https://openamerica.io/bill/106-S-2293/)
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