An amendment consisting of several amendments offered en bloc to delete the provisions of the bill that would reduce the deposit insurance premiums paid by financial institutions on special low-cost checking accounts for low-income persons, and reduce deposit insurance premiums for institutions that increase their lending to distressed communities or provide community development assistance to those communities through community development associations.

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Amendment Number
385
Description
An amendment consisting of several amendments offered en bloc to delete the provisions of the bill that would reduce the deposit insurance premiums paid by financial institutions on special low-cost checking accounts for low-income persons, and reduce deposit insurance premiums for institutions that increase their lending to distressed communities or provide community development assistance to those communities through community development associations.
Purpose
Amendments en bloc sought to delete section 232 which provides for a reduction in deposit insurance premiums paid by financial institutions on special checking accounts for low-income persons, and delete section 233 which provides for a reduction in deposit insurance premiums for institutions that increase their lending to distressed communities.
Congress
102
Type
HAMDT
Latest Action Date
Nov 4, 1991
Latest Action Text
On agreeing to the Gradison amendments (A012) Failed by recorded vote: 204 - 205 (Roll no. 371).
Latest Action Time
16:01:00
Submitted Date
Nov 4, 1991
Chamber
House of Representatives
Update Date
Jun 7, 2021
Amendment 385 — Informed