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    <number>7232</number>
    <updateDate>2019-11-15T20:56:27Z</updateDate>
    <updateDateIncludingText>2019-11-15T20:56:27Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2008-09-29</introducedDate>
    <congress>110</congress>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2008-09-29T12:03:30Z</date>
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      <item>
        <title>To reform the Federal Deposit Insurance System, and for other purposes.</title>
        <congress>110</congress>
        <number>7262</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2008-10-03</actionDate>
          <text>Referred to the House Committee on Financial Services.</text>
        </latestAction>
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            <type>Related bill</type>
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          </item>
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      <item>
        <actionDate>2008-09-29</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <actionDate>2008-09-29</actionDate>
        <text>Introduced in House</text>
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        <actionDate>2008-09-29</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>G000552</bioguideId>
        <fullName>Rep. Gohmert, Louie [R-TX-1]</fullName>
        <firstName>Louie</firstName>
        <lastName>Gohmert</lastName>
        <party>R</party>
        <state>TX</state>
        <district>1</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Congressional oversight</name>
        </item>
        <item>
          <name>Employee benefits and pensions</name>
        </item>
        <item>
          <name>Financial crises and stabilization</name>
        </item>
        <item>
          <name>Government information and archives</name>
        </item>
        <item>
          <name>Inflation and prices</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2008-09-29</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2009-01-08T17:17:04Z</updateDate>
        <text><![CDATA[ <p>Amends the Federal Deposit Insurance Act to increase the standard maximum amount of deposit insurance from $100,000 to: (1) $500,000, at the option of the insured depository institution; and (2) $250,000 or $500,000 for eligible retirement accounts, at the institution's option. Requires an annual inflation adjustment.</p> <p>Directs the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA) Board to report to Congress and publish in the Federal Register any such inflation adjustments to the standard maximum deposit insurance amount and to the standard maximum share insurance amount.</p>]]></text>
      </summary>
    </summaries>
    <title>To reform the Federal Deposit Insurance System, and for other purposes.</title>
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        <titleType>Display Title</titleType>
        <title>To reform the Federal Deposit Insurance System, and for other purposes.</title>
      </item>
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        <titleType>Official Title as Introduced</titleType>
        <title>To reform the Federal Deposit Insurance System, and for other purposes.</title>
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        <type>Introduced in House</type>
        <date>2008-09-29T04:00:00Z</date>
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    <latestAction>
      <actionDate>2008-09-29</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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