A bill to amend the Federal Deposit Insurance Act to terminate the insurance of any bank which fails to pay a certain rate of interest on all tax and loan accounts.
Tax and Loan Account Interest Act - Terminates the insurance of any bank under the Federal Deposit Insurance Act, which fails to pay the Federal funds rate of interest on all tax and loan accounts.
Referred to House Committee on Banking, Currency and Housing.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Currency and Housing.
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