H.R.1355: Deposit Insurance Funds Merger Act of 2001

About This Bill

Bill Summary

Deposit Insurance Funds Merger Act of 2001 - Amends the Deposit Insurance Funds Act of 1996 to: (1) declare January 1, 2002, the effective date for the merger of the Bank Insurance Fund with the Savings Association Insurance Fund; and (2) repeal the prerequisite for such merger that no insured depository institution be a savings association upon the merger date (Frist Amendment).

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
April 3, 2001

Introduced in the House by John J. LaFalce (D-N.Y.)

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