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- H.R.7262
H.R.7262: To reform the Federal Deposit Insurance System, and for other purposes.
About This Bill
- Introduced Oct. 3, 2008
- Latest Major Action Oct. 3, 2008
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (All Republicans)
Bill Summary
Amends the Federal Deposit Insurance Act to increase the standard maximum amount of deposit insurance from $100,000 to: (1) $250,000, $500,000, $750,000, or $1 million, at the option of the insured depository institution; and (2) $250,000, $500,000, $750,000, or $1 million for eligible retirement accounts, at the institution's option. Requires an annual inflation adjustment. Directs the Board of Directors of the Federal Deposit Insurance...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Oct. 3, 2008 |
Introduced in the House by Louie Gohmert (R-Texas) |