legislation: 100-s-2722

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
100-s-2722 100 s 2722 Brokered Deposits Act of 1988 Finance and Financial Sector 1988-08-10 1988-08-10 Read twice and referred to the Committee on Banking. Senate Sen. Murkowski, Frank H. [R-AK] AK R M001085 0 Brokered Deposits Act of 1988 - Amends the Federal Deposit Insurance Act and the National Housing Act to limit to $100,000 in the aggregate the deposit insurance for: (1) funds owned by a principal and deposited in a troubled institution into one or more deposit accounts in the name or names of agents or nominees; and (2) funds deposited in a troubled institution into one or more deposit accounts by or through a deposit broker. Specifies that such limitations shall not apply to any account opened before the effective date of this Act. Defines "troubled institution" as a financial institution entitled to deposit insurance which does not meet its minimum capital requirements as determined by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation. 2025-08-28T20:09:07Z  

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