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- H.R.1574
H.R.1574: Bank Insurance Fund and Depositor Protection Act of 1995
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced May 3, 1995
- Latest Major Action Dec. 13, 1995
Bill Sponsor
Bill Cosponsors
4 (2 Democrats, 2 Republicans)
Bill Summary
Bank Insurance Fund and Depositor Protection Act of 1995 - Amends the Federal Deposit Insurance Act to exclude from its definition of "deposit" any liability of an insured depository institution that arises under an annuity contract, the income on which is tax deferred (thus excluding such liabilities from Federal deposit insurance coverage).
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Banking and Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Mrs. Roukema moved to suspend the rules and pass the bill.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate.
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On motion to suspend the rules and pass the bill Agreed to by voice vote.
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate and read twice and referred to the Committee on Banking.
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| May 3, 1995 |
Introduced in the House by Marge Roukema (R-N.J.) |