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HR 5429 111th Congress House

Investor Deposit Yardstick Act

Official title: To provide a retroactive increase in deposit insurance for depositors in certain institutions.

Introduced: June 15, 2010 See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalBankruptcy
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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 28, 2010
Sponsor introductory remarks on measure. (CR E980)
May 27, 2010
Referred to the House Committee on Financial Services.
May 27, 2010
Introduced in House
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 Latest action May 28, 2010

Sponsor introductory remarks on measure. (CR E980)

 Plain-English summary Congressional Research Service

Investor Deposit Yardstick Act - Extends retroactively the increase in the standard maximum deposit insurance amount pursuant to the Emergency Economic Stabilization Act of 2008 (EESA) to include depositors in any institution for which the Federal Deposit Insurance Corporation (FDIC) was appointed as receiver or conservator on or after January 1, 2008, and before October 3, 2008.

Directs the FDIC to take necessary actions to carry out deposit insurance requirements under the Federal Deposit Insurance Act (FDIA) with respect to such depositors, without regard to any time limitations under such Act.

Deems any payment on a deposit claim made by FDIC as receiver or conservator to a depositor above the standard maximum deposit insurance amount in effect at the time of the FDIC's appointment as receiver or conservator to be part of the net amount due to the depositor under the FDIA.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Garamendi, John
California · Jun 16, 2010
 D
Sánchez, Linda T.
California · Jun 15, 2010
 D
Schiff, Adam B.
California · Jun 15, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5429: Investor Deposit Yardstick Act. 111th Congress. Open America. https://openamerica.io/bill/111-HR-5429/
MLA
"H.R. 5429: Investor Deposit Yardstick Act." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-5429/.
Bluebook (legal)
H.R. 5429, 111th Cong. (2026), https://openamerica.io/bill/111-HR-5429/.
Markdown link
[H.R. 5429: Investor Deposit Yardstick Act](https://openamerica.io/bill/111-HR-5429/)
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