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- H.R.4116
H.R.4116: To amend the Federal Deposit Insurance Act to ensure that the reciprocal deposits of an insured depository institution are not considered to be funds obtained by or through a deposit broker, and for other purposes.
About This Bill
- Introduced Nov. 19, 2015
- Latest Major Action Sept. 27, 2016
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
17 (8 Democrats, 9 Republicans)
Bill Summary
This bill amends the Federal Deposit Insurance Act with respect to the prohibition declaring that an insured depository institution that is not well-capitalized may not accept funds obtained, directly or indirectly, by or through any deposit broker for deposit into one or more deposit accounts. Reciprocal deposits of an insured depository institution, however, shall not be considered to be prohibited broker deposits if: the composite...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Sept. 27, 2016 |
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
|
| Nov. 19, 2015 |
Referred to the House Committee on Financial Services.
|
| Nov. 19, 2015 |
Introduced in the House by Gwen Moore (D-Wis.) |