H.R. 3278 — Financing Corporation Assessment Elimination Act of 1999

Summary

Financing Corporation Assessment Elimination Act of 1999 - Amends the Federal Deposit Insurance Act to mandate transfer to the Financing Corporation, to cover interest payments, issuance costs, and custodial fees on its obligations, of designated funds in the Bank Insurance Fund and the Savings Association Insurance Fund which exceed a specified reserve ratio.

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Legislative Actions

1999-11-09
Introduced in House
1999-11-09
Introduced in House
1999-11-09
Sponsor introductory remarks on measure. (CR E2315)
1999-11-09
Referred to the House Committee on Banking and Financial Services.
1999-12-02
Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Financing Corporation Assessment Elimination Act of 1999

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Summary

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Legislative Actions

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