H.R.5610 - Deposit Insurance Funds Protection Act of 1990101st Congress (1989-1990)
|Sponsor:||Rep. Gonzalez, Henry B. [D-TX-20] (Introduced 09/13/1990)|
|Committees:||House - Banking, Finance, and Urban Affrs|
|Latest Action:||Senate - 09/18/1990 Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 831. By unanimous consent. (All Actions)|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.5610 — 101st Congress (1989-1990)All Information (Except Text)
Introduced in House (09/13/1990)
Deposit Insurance Funds Protection Act of 1990 - Amends the Federal Deposit Insurance Act to repeal the specified maximum assessment rates for Bank Insurance Fund members and Savings Association Insurance Fund members.
Directs the Federal Deposit Insurance Corporation to: (1) set assessment rates for insured depository institutions at such times as it determines, in its sole discretion, to be appropriate; and (2) provide public notice of assessment rate changes within a 60 day time-frame.