Amendment102nd Congress
An amendment to exempt the bank accounts of non-profit organizations from the FDIC insurance limit of $100,000.
- Amendment Number
- 390
- Description
- An amendment to exempt the bank accounts of non-profit organizations from the FDIC insurance limit of $100,000.
- Purpose
- Amendment sought to provide up to $500,000 in deposit insurance to charities and other nonprofit organizations who hold accounts in minority owned banks.
- Congress
- 102
- Type
- HAMDT
- Latest Action Date
- Nov 4, 1991
- Latest Action Text
- On agreeing to the Towns amendment (A017) Failed by recorded vote: 63 - 350 (Roll no. 373).
- Latest Action Time
- 18:12:45
- Submitted Date
- Nov 4, 1991
- Chamber
- House of Representatives
- Update Date
- Jun 7, 2021