Deposit Insurance Reform Act of 2023
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jun 7, 2023)
Deposit Insurance Reform Act of 2023
This bill requires the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA) to establish additional levels of deposit insurance. Currently, the FDIC and NCUA insures individual accounts up to $250,000. Under the bill, FDIC and NCUA must establish insurance amounts above existing levels that are applicable to commercial deposits. An institution may elect to apply a higher insurance amount to commercial deposits.
What just happenedJun 7, 2023
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJun 7, 2023
- Jun 7, 2023IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jun 7, 2023IntroReferralIntro-H
Introduced in House
- Jun 7, 2023IntroReferral1000
Introduced in House