S. 2800 (96th): A bill to provide for full insurance for deposits of public funds in insured banks, thrift institutions, and credit unions.

Introduced:
Jun 09, 1980 (96th Congress, 1979–1980)
Sponsor:
Sen. Warren Magnuson [D-WA]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

(About Ads | Advertise Here)
Status

This bill was introduced on June 9, 1980, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 09, 1980
Cosponsors
3 cosponsors (3R) (show)
Committees

Senate Banking, Housing, and Urban Affairs

The committee chair determines whether a bill will move past the committee stage.

Summary

No summaries available.

Text

Text not yet available.

Primary Source

View on THOMAS (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here.

Citation

Click a format for a citation suggestion:

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

6/9/1980--Introduced.
Amends the Federal Deposit Insurance Act, the National Housing Act, and the Federal Credit Union Act to provide insurance for the full amount of public funds deposited in insured banks, thrift institutions, and credit unions. Repeals the restriction on the Federal Deposit Insurance Corporation's authority to limit the aggregate amount of funds that may be deposited in insured banks.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.