H.R. 3374 — Federal Deposit Insurance Corporation Examination Enhancement and Insurance Fund Protection Act

Summary

Federal Deposit Insurance Corporation Examination Enhancement and Insurance Fund Protection Act - Amends the Federal Deposit Insurance Act regarding special examinations of an insured depository institution to require that all reasonable efforts be made to: (1) coordinate FDIC special examinations with other Federal or State regulatory entities; and (2) minimize the disruptive effects of such examinations upon institution operations.

Mandates that the Federal banking agencies: (1) grant access to the FDIC in as prompt a manner as practicable with respect to reports of examination and reports of conditions; and (2) establish procedures for providing the FDIC with access to additional information as needed for insurance purposes.

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Legislative Actions

1999-11-16
Introduced in House
1999-11-16
Introduced in House
1999-11-16
Sponsor introductory remarks on measure. (CR H12087-12090)
1999-11-16
Referred to the House Committee on Banking and Financial Services.
1999-12-02
Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Federal Deposit Insurance Corporation Examination Enhancement and Insurance Fund Protection Act

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Summary

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