H.R. 4636 · 109th Congress · enacted
Federal Deposit Insurance Reform Conforming Amendments Act of 2005
Became Public Law No: 109-173.
Latest official action 2006-02-15 · Enacted
The bill, briefly
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Federal Deposit Insurance Reform Conforming Amendments Act of 2005 - (Sec. 2) Amends the Federal Deposit Insurance Act (FDIA) to state that: (1) a government depositor is separate and distinct from any other U.S. officer, employee, or agent; and (2) the deposits of a government depositor shall be insured in an amount equal to a specified standard maximum deposit insurance. Revises guidelines for insurance of trust funds to state that such funds and certain bank deposit financial assistance program funds shall be insured to the standard maximum deposit insurance amount. (The current the insurance maximum is $100,000). Establishes a fine for violations of signage requirements pertaining to the insurance logo for insured depository institutions and insured credit unions. Amends the International Banking Act of 1978 to replace the minimum deposit of $100,000 with a standard maximum deposit insurance amount. Makes conforming changes to the Federal Credit Union Act. Provides coverage for certain employee benefit plan deposits. Directs the National Credit Union Administration Board to provide pass-through share insurance for the deposits or shares of any employee benefit plan. (Sec. 3) Makes conforming amendments relating to assessments and repeal of speci…
Congressional Research Service · 2005-12-22
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
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Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
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PAC donors to the listed sponsors
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What happened after enactment?
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Measured outcome: not established
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