legislation: 110-hr-7262

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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
110-hr-7262 110 hr 7262 To reform the Federal Deposit Insurance System, and for other purposes. Finance and Financial Sector 2008-10-03 2008-10-03 Referred to the House Committee on Financial Services. House Rep. Gohmert, Louie [R-TX-1] TX R G000552 7 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 Corporation (FDIC) and the National Credit Union Administration (NCUA) Board to report to Congress and publish in the Federal Register any such inflation adjustments to the standard maximum deposit insurance amount and to the standard maximum share insurance amount. 2019-11-15T20:56:29Z  

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