United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2002-04-16 monographic deposited born digital GA 1.13:GAO-02-646R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-02-646R P0b002ee180391ebc f:d02646r DGPO 2010-08-12 2011-03-23 GAOREPORTS-GAO-02-646R machine generated eng fdlp REPORT GAOREPORTS-GAO-02-646R GAO-02-646R Deposit funds Funds management Proposed legislation Correspondence A03082 The Federal Deposit Insurance Reform Act of 2002 would change the definition of the reserve ratio for the deposit insurance fund, and provide the Federal Deposit Insurance Corporation (FDIC) with the flexibility to set the fund's designated reserve ratio within a range. Current law requires FDIC to maintain the deposit insurance fund balances at a designated reserve ratio of at least 1.25 percent of estimated insurance deposits. If the reserve ratio falls below that level, FDIC's Board of Directors must set semiannual assessment rates that are sufficient to increase the reserve ratio to the designated reserve ratio within a year, or in accordance with a recapitalization schedule of 15 years or less. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-02-646R/html/GAOREPORTS-GAO-02-646R.htm GAO-02-646R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-02-646R Correspondence GAO-02-646R; Responses to Questions Relating to H.R. 3717, Federal Deposit Insurance Reform Act of 2002; Deposit funds Funds management Proposed legislation