3.0.0 3012 2025-01-14T18:20:21Z 2025-01-14T18:20:21Z Senate S S 2023-10-04 118 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2023-10-04T17:00:28Z 2023-10-04 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2023-10-04 Introduced in Senate IntroReferral 10000 9 Library of Congress M001183 Sen. Manchin, Joe, III [D-WV] Joseph Manchin D WV N B001310 Sen. Braun, Mike [R-IN] Mike Braun R IN 2023-10-04 True H000273 Sen. Hickenlooper, John W. [D-CO] John Hickenlooper D CO W. 2023-10-04 True Finance and Financial Sector Finance and Financial Sector 2023-10-24T15:30:25Z

00 2023-10-04 Introduced in Senate 2024-07-03T18:07:58Z <p><strong>Deposit Security Act</strong></p><p>This bill increases the amount of deposit insurance available to noninterest-bearing transaction accounts through the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA). Under current law, deposits are generally insured up to $250,000.</p><p>Specifically, noninterest-bearing transaction accounts at FDIC-insured depository institutions and at NCUA-insured credit unions must be insured up to $10 million. However, an institution or credit union may opt-out of this insurance during the 30-day period beginning on the date the program starts.</p><p>In addition, the maximum deposit insurance amount must be adjusted for inflation every two years.&nbsp; &nbsp;</p><!--tinycomments|2.1|data:application/json;base64,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-->

Display Title 45 2024-07-24T15:20:12Z Short Title(s) as Introduced 101 2024-05-24T13:35:59Z Introduced in Senate IS Official Title as Introduced 6 2023-10-11T12:58:49Z Introduced in Senate IS Introduced in Senate 2023-10-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s3012is/xml/BILLS-118s3012is.xml 2023-10-04 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.