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H.R. 4879 97th Congress House

International Banking Facility Deposit Insurance Act

Official title: An act to clarify the treatment of international banking facility deposits for purposes of deposit insurance assessments and to remove certain limitations on t… Show full official titleShow less

Official title: An act to clarify the treatment of international banking facility deposits for purposes of deposit insurance assessments and to remove certain limitations on the mortgage loan purchase authority of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.

Introduced: November 2, 1981 Introduced by: Charles E. Schumer Democratic · New York See on congress.gov
Foreign Trade and International Finance AlaskaAmerican investmentsBank depositsConflict of interests
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Consumer creditCredit unionsDeposit insuranceFederal aid to housingFinance and Financial SectorForeign Trade and InvestmentsForeign banks and bankingGovernment corporationsInternational bankingMortgagesTerritories (U.S.)Trust Territory of the Pacific Islands
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 Everywhere this bill has been 22 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 26, 1981
Became Public Law No: 97-110.
Dec 26, 1981
Signed by President.
Dec 22, 1981
Presented to President.
Dec 22, 1981
Measure Signed in Senate.
Dec 16, 1981
House Agreed to Senate Amendments by Voice Vote.
Dec 16, 1981
Resolving differences -- House actions: House Agreed to Senate Amendments by Voice Vote.
Dec 15, 1981
Passed Senate with amendments by Voice Vote.
Dec 15, 1981
Passed/agreed to in Senate: Passed Senate with amendments by Voice Vote.
Dec 15, 1981
Committee on Banking. Reported to Senate by Senator Garn favorably with amendments. Without written report.
Dec 15, 1981
Committee on Banking. Ordered to be reported with amendments favorably.
Nov 20, 1981
Received in the Senate, read twice, and referred to the Committee on Banking.
Nov 17, 1981
Passed House (Amended) by Voice Vote.
Nov 17, 1981
Passed/agreed to in House: Passed House (Amended) by Voice Vote.
Nov 17, 1981
Called up by House Under Suspension of Rules.
Nov 17, 1981
House Committee on Banking, Finance and Urban Affairs Discharged by Suspension of Rules.
Nov 5, 1981
Ordered to be Reported (Amended).
Nov 5, 1981
Committee Consideration and Mark-up Session Held.
Nov 4, 1981
Forwarded by Subcommittee to Full Committee.
Nov 4, 1981
Subcommittee Consideration and Mark-up Session Held.
Nov 4, 1981
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Nov 2, 1981
Referred to House Committee on Banking, Finance and Urban Affairs.
Nov 2, 1981
Introduced in House
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 Latest action December 26, 1981

Became Public Law No: 97-110.

 Plain-English summary Congressional Research Service

International Banking Facility Deposit Insurance Act - Amends the Federal Deposit Insurance Act to declare that any international banking facility deposit, including an international banking facility time deposit, shall not be a deposit for any of the purposes of such Act or be included as part of total deposits, or of an insured deposit, of a bank insured under such Act.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
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APA
U.S. Congress. (2026). H.R. 4879: An act to clarify the treatment of international banking facility deposits for purposes of deposit insurance assessments and to remove certain limitations on the mortgage loan purchase authority of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.. 97th Congress. Open America. https://openamerica.io/bill/97-HR-4879/
MLA
"H.R. 4879: An act to clarify the treatment of international banking facility deposits for purposes of deposit insurance assessments and to remove certain limitations on the mortgage loan purchase authority of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-4879/.
Bluebook (legal)
H.R. 4879, 97th Cong. (2026), https://openamerica.io/bill/97-HR-4879/.
Markdown link
[H.R. 4879: An act to clarify the treatment of international banking facility deposits for purposes of deposit insurance assessments and to remove certain limitations on the mortgage loan purchase authority of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.](https://openamerica.io/bill/97-HR-4879/)
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