3.0.0 7228 2019-11-15T20:56:27Z 2019-11-15T20:56:27Z House H HR 2008-09-29 110 hsba00 Financial Services Committee House Standing Referred to 2008-09-29T12:01:40Z 2008-09-29 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2008-09-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-09-29 Introduced in House IntroReferral 1000 9 Library of Congress B000208 Rep. Bartlett, Roscoe G. [R-MD-6] ROSCOE BARTLETT R MD G. 6 N Finance and Financial Sector Bank accounts, deposits, capital Financial crises and stabilization Financial services and investments Finance and Financial Sector 00 2008-09-29 Introduced in House 2008-12-15T16:11:55Z Main Street Protection Act of 2008 - Requires the Federal Deposit Insurance Corporation (FDIC) to insure deposits under the Federal Deposit Insurance Act without regard to the amount on deposit in any account or the amount of the deposits of any customer.

Directs the Secretary of the Treasury to establish a program for insuring the principal amounts on deposit in any money market account using the U.S. Treasury stabilization fund without limitation on the amount insured in any such account. Authorizes the Secretary to make appropriate assessments against the institution holding such accounts to cover the cost of providing such insurance.

]]> Main Street Protection Act of 2008 Short Titles as Introduced Main Street Protection Act of 2008 Display Title Main Street Protection Act of 2008 Official Title as Introduced To provide an unlimited amount of insurance on accounts insured by the Federal Deposit Insurance Act and to authorize the Secretary of the Treasury to provide unlimited protection of principal in money market funds through the Treasury's exchange stabilization fund. Introduced in House 2008-09-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr7228ih/xml/BILLS-110hr7228ih.xml 2008-09-29 Referred to the House Committee on Financial Services. 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.