skip to main content

H.R. 5008 (101st): State and Local Government Employees Section 457 Plan Deposit Insurance Act

Call or Write Congress

To amend the Federal Deposit Insurance Act to provide the same deposit insurance treatment for deposits of State and local government and nonprofit organization deferred compensation plans as is provided for deposits of Keogh plans and individual retirement accounts.

The bill’s titles are written by its sponsor.

Sponsor and status

Jun 12, 1990
101st Congress, 1989–1990
Died in a previous Congress

This bill was introduced on June 12, 1990, in a previous session of Congress, but was not enacted.


Carroll Hubbard Jr.

Representative for Kentucky's 1st congressional district




Jun 12, 1990

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

H.R. 5008 (101st) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

This bill was introduced in the 101st Congress, which met from Jan 3, 1989 to Oct 28, 1990. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 5008 — 101st Congress: State and Local Government Employees Section 457 Plan Deposit Insurance Act.” 1990. January 27, 2020 <>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from, the official portal of the United States Congress. is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.