3.0.0 229 2023-01-15T21:34:08Z 2023-01-15T21:34:08Z Senate S S 2003-01-29 108 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2003-01-29T17:31:14Z 2003-01-29 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2003-01-29 Introduced in Senate IntroReferral 10000 9 Library of Congress J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD N H001028 Sen. Hagel, Chuck [R-NE] CHUCK HAGEL R NE 2003-01-29 True R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2003-01-29 True E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. 2003-01-29 True S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2003-01-29 True A000109 Sen. Allard, Wayne [R-CO] A. ALLARD R CO WAYNE 2003-01-29 True N000180 Sen. Nelson, Ben [D-NE] E. Nelson D NE Benjamin 2003-01-30 False B000780 Sen. Breaux, John B. [D-LA] JOHN BREAUX D LA BERLINGER 2003-01-30 False L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2003-01-30 False D000596 Sen. Dayton, Mark [D-MN] MARK DAYTON D MN 2003-02-24 False C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2003-02-24 False F000061 Sen. Feingold, Russell D. [D-WI] RUSSELL FEINGOLD D WI D. 2003-05-21 False D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2003-05-22 False C000705 Sen. Conrad, Kent [D-ND] KENT CONRAD D ND 2003-07-22 False D000432 Sen. Dorgan, Byron L. [D-ND] BYRON DORGAN D ND LESLIE 2003-07-31 False Finance and Financial Sector Administrative procedure Bank capital Bank deposits Commerce Congress Congressional reporting requirements Credit unions Deposit insurance Economics and Public Finance Employee benefit plans Federal Deposit Insurance Corporation Government Operations and Politics Government corporations Government publicity Government trust funds Governmental investigations Indexing (Economic policy) Individual retirement accounts Insurance premiums Labor and Employment Law Legislation National Credit Union Administration Pension funds Savings and loan associations Finance and Financial Sector 00 2003-01-29 Introduced in Senate 2006-11-28T17:35:40Z Amends the Federal Deposit Insurance Act (FDIA) to establish the DIF. Mandates that all assessments against insured depository institutions by the Federal Deposit Insurance Corporation (FDIC) be deposited into the DIF.

Authorizes the FDIC to borrow from the Federal home loan banks funds necessary for DIF use.

Deposit Insurance Reform Act of 2003 - Amends the FDIA to: (1) prohibit an undercapitalized insured depository institution from accepting employee benefit plan deposits; (2) increase Federal insurance coverage (including an inflation adjustment); and (3) include retirement accounts and municipal deposits within such coverage.

Requires the FDIC Board of Directors to designate the reserve ratio applicable to the DIF.

Prohibits the Board from modifying its information collection requirements if such modification is done solely to change assessment risk classifications and results in placing greater regulatory or reporting burdens upon an insured depository institution.

Allows credits based upon past contributions to the DIF.]]>

Safe and Fair Deposit Insurance Act of 2003 Display Title Safe and Fair Deposit Insurance Act of 2003 Official Title as Introduced A bill to provide for the merger of the bank and savings association deposit insurance funds, to modernize and improve the safety and fairness of the Federal deposit insurance system, and for other purposes. Introduced in Senate IS Short Titles as Introduced Safe and Fair Deposit Insurance Act of 2003 Short Titles as Introduced for portions of this bill Deposit Insurance Reform Act of 2003 Short Titles as Introduced for portions of this bill Insurance Funds Merger Act of 2003 Introduced in Senate 2003-01-29T05:00:00Z 2003-01-29 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.