H.R. 5562 (101st): Deposit Insurance Limitation Act of 1990

Introduced:
Sep 10, 1990 (101st Congress, 1989–1990)
Status:
Died (Referred to Committee)
Sponsor
Silvio Conte
Representative for Massachusetts's 1st congressional district
Party
Republican
Related Bills
H.R. 679 (102nd) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Jan 29, 1991

 
Status

This bill was introduced on September 10, 1990, in a previous session of Congress, but was not enacted.

Progress
Introduced Sep 10, 1990
Referred to Committee Sep 10, 1990
 
Full Title

To amend the Federal Deposit Insurance Act and the Federal Credit Union Act to establish a limit of $100,000 on the amount of deposit insurance which may be paid to any person during any 36-month period.

Summary

No summaries available.

Cosponsors
6 cosponsors (5R, 1D) (show)
Committees

House Financial Services

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

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

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

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

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Library of Congress Summary

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


9/10/1990--Introduced.
Deposit Insurance Limitation Act of 1990 - Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to declare that the aggregate amount of payments which may be made to any person with respect to any insured accounts during any 36 month-period may not exceed $100,000.

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

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