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- S.913
S.913: Deposit Insurance Fairness and Economic Opportunity Act
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about government operations and politics
- Introduced April 11, 2003
- Latest Major Action April 11, 2003
Bill Sponsor
Bill Cosponsor
Bill Summary
Deposit Insurance Fairness and Economic Opportunity Act - Amends the Federal Deposit Insurance Act to direct the Board of Directors of the Federal Deposit Insurance Corporation to distribute in the form of a dividend any excess amounts remaining from semiannual assessments imposed upon insured depository institutions (excess deposit insurance funds). Defines excess amounts as the amount of funds exceeding 1.40 percent of the total estimated...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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April 11, 2003 |
Introduced in the Senate by Richard J. Santorum (R-Pa.) |