H.R.3330: Improved Oversight by Financial Inspectors General Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced July 24, 2009
  • Latest Major Action July 30, 2009

Bill Cosponsors

3 (2 Democrats, 2 Republicans)

Bill Summary

Improved Oversight by Financial Inspectors General Act of 2009 - (Sec. 2) Amends the Federal Deposit Insurance Act (FDIA) to revise the meaning of material loss to repeal its definition as an amount exceeding the greater of $25 million or 2% of the institution's total assets at the time the Federal Deposit Insurance Corporation (FDIC) initiated assistance or was appointed receiver. Counts as a material loss any estimated loss in excess of $200...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Mr. Moore (KS) moved to suspend the rules and pass the bill.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 3330.
On motion to suspend the rules and pass the bill Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 24, 2009

Introduced in the House by Steve Driehaus (D-Ohio)

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