3.0.0 913 2023-01-15T23:33:08Z 2023-01-15T23:33:08Z Senate S S 2003-04-11 108 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2003-04-11T21:06:35Z 2003-04-11 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2003-04-11 Introduced in Senate IntroReferral 10000 9 Library of Congress S000059 Sen. Santorum, Rick [R-PA] RICK SANTORUM R PA N H001028 Sen. Hagel, Chuck [R-NE] CHUCK HAGEL R NE 2003-07-16 False Finance and Financial Sector Commerce Deposit insurance Economics and Public Finance Financial institutions Government Operations and Politics Government trust funds Finance and Financial Sector 00 2003-04-11 Introduced in Senate 2003-09-16T19:10:57Z Deposit Insurance Fairness and Economic Opportunity Act - Amends the Federal Deposit Insurance Act to direct the Board of Directors of the Federal Deposit Insurance Corporation to distribute in the form of a dividend any excess amounts remaining from semiannual assessments imposed upon insured depository institutions (excess deposit insurance funds).

Defines excess amounts as the amount of funds exceeding 1.40 percent of the total estimated deposits insured by theBank Insurance Fund or the Savings Association Insurance Fund.

]]> Deposit Insurance Fairness and Economic Opportunity Act Display Title Deposit Insurance Fairness and Economic Opportunity Act Official Title as Introduced A bill to amend the Federal Deposit Insurance Act to provide for the return of excess amounts in Federal deposit insurance funds to financial institutions for use in their communities, with such distributions allocated according to the historical basis of contributions made to the funds by such institutions. Introduced in Senate IS Short Titles as Introduced Deposit Insurance Fairness and Economic Opportunity Act Introduced in Senate 2003-04-11T04:00:00Z 2003-04-11 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.