To provide an exception to the limit on the amount of deposit insurance for deposits of nonprofit tax-exempt organizations at insured depository institutions.
Nonprofit Tax-Exempt Organization Insured Deposits Act - Amends the Federal Deposit Insurance Act to declare that the deposits of nonprofit tax-exempt organizations shall be insured.
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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