There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/09/1999)

Financing Corporation Assessment Elimination Act of 1999 - Amends the Federal Deposit Insurance Act to mandate transfer to the Financing Corporation, to cover interest payments, issuance costs, and custodial fees on its obligations, of designated funds in the Bank Insurance Fund and the Savings Association Insurance Fund which exceed a specified reserve ratio.