To amend the Federal Deposit Insurance Act to provide the same deposit insurance treatment for deposits of State and local government and nonprofit organization deferred compensation plans as is provided for deposits of Keogh plans and individual retirement accounts.
Section 457 Plans Deposit Insurance Protection Act - Amends the Federal Deposit Insurance Act to provide the same deposit insurance treatment for deposits of State and local government and tax-exempt nonprofit organization deferred compensation plans as is provided for deposits of Keogh plans and individual retirement accounts.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
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