Depository Institutions' Civil and Criminal Enforcement Act - Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to change the amount of civil penalty assessed for specified violations from up to $1,000,000 to 25 percent of the violator's net worth. Removes special penalty rules for continuing violations and violations creating gain or loss.
Amends Federal criminal law to impose a minimum two-year prison term for certain violations, including theft and embezzlement, involving depository institutions and a minimum one-year prison term for obstruction of justice.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the House Committee on Judiciary.
Referred to the Subcommittee on Criminal Justice.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
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