legislation: 111-hr-5511

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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
111-hr-5511 111 hr 5511 Transaction Account Guarantee Program Act of 2010 Finance and Financial Sector 2010-06-10 2010-06-10 Referred to the House Committee on Financial Services. House Rep. Marshall, Jim [D-GA-8] GA D M001146 0 Transaction Account Guarantee Program Act of 2010 - Amends the Federal Deposit Insurance Act to establish the Transaction Account Guarantee (TAG) Program to provide a full guarantee for funds held in noninterest-bearing transaction accounts of insured depository institutions participating in the TAG Program. Requires an insured depository institution that wishes to participate in the TAG Program to submit an application to the Federal Deposit Insurance Corporation (FDIC). Allows an insured depository institution to opt-out of the TAG Program. Directs the FDIC to levy assessments on those insured depository institutions participating in the TAG Program. 2023-01-11T13:19:55Z  

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