U.S. Congress - H.R.5429 Investor Deposit Yardstick Act
H.R.5429 - Investor Deposit Yardstick Act
To provide a retroactive increase in deposit insurance for depositors in certain institutions. view all titles (2)
All Bill Titles
- Short: Investor Deposit Yardstick Act as introduced.
- Official: To provide a retroactive increase in deposit insurance for depositors in certain institutions. as introduced.
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Official Summary
5/27/2010--Introduced.Investor Deposit Yardstick Act - Extends retroactively the increase in the standard maximum deposit insurance amount pursuant to the Emergency Economic Stabilization Act of 2008 (EESA) to include depositors in any institution for which the Federal Deposit Insurance CoOfficial Summary
5/27/2010--Introduced.Investor Deposit Yardstick Act - Extends retroactively the increase in the standard maximum deposit insurance amount pursuant to the Emergency Economic Stabilization Act of 2008 (EESA) to include depositors in any institution for which the Federal Deposit Insurance Corporation (FDIC) was appointed as receiver or conservator on or after January 1, 2008, and before October 3, 2008. Directs the FDIC to take necessary actions to carry out deposit insurance requirements under the Federal Deposit Insurance Act (FDIA) with respect to such depositors, without regard to any time limitations under such Act. Deems any payment on a deposit claim made by FDIC as receiver or conservator to a depositor above the standard maximum deposit insurance amount in effect at the time of the FDIC's appointment as receiver or conservator to be part of the net amount due to the depositor under the FDIA....Read the Rest
Recent News Coverage
HARMAN, DREIER "InDY ACT" PROVIDES RETROACTIVE PROTECTION FOR INDYMAC DEPOSITORS
Jane Harman (D-Venice) and David Dreier (R-San Dimas) today introduced HR 5429, the "Investor Deposit Yardstick Act" (InDY Act) to raise retroactively the ...
Recent Blog Coverage
B A N C O
HR 5429 5/25/06. Voted for drilling thereby harming this sensitive, environmental habitat. 6. MTBE, Gasoline Additive. HR 6 4/21/05. Voted to shield MTBE manufacturers from liability lawsuits alleging contamination of drinking water. ...
InDY Yardstick Act – HR 5429 – YOUR MISSION NOW!
Greetings Fellow Depositors! Last week we had a great meeting with Congresswoman Jane Harman in El Segundo. There were 10 fellow depositors who accompanied me from District 36. She took the time to explain the new depositor insurance ...
Jane Harmon and David Drier to introduce HR 5429 | IndyMac Depositors
Jane Harmon and David Drier to introduce HR 5429. Posted by Lisa on June 6, 2010 · View Comments. Click on the icon below to read the bill. Filed under Congress, Featured · Tagged with. About Lisa. blog comments powered by Disqus ...
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