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-02-647R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-02-647R P0b002ee18037f110 f:d02647r DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-02-647R machine generated eng fdlp REPORT GAOREPORTS-GAO-02-647R GAO-02-647R Deposit funds Funds management Proposed legislation Bank Insurance Fund Savings Association Insurance Fund Correspondence A03085 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 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-02-647R/html/GAOREPORTS-GAO-02-647R.htm GAO-02-647R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-02-647R Correspondence GAO-02-647R; Response to Questions Relating to H.R. 3717, Federal Deposit Insurance Reform Act of 2002; Deposit funds Funds management Proposed legislation Bank Insurance Fund Savings Association Insurance Fund