PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Congressional Research Service
Version 00 · Introduced in House · Apr 7, 1995
Financing Corporation and Savings Association Insurance Fund Amendments of 1995 - Amends the Federal Deposit Insurance Act (FDIA) to direct the Secretary of the Treasury to provide to the Savings Association Insurance Fund (SAIF), out of specified funds not expended by the Resolution Trust Corporation (RTC), amounts needed either to cover actual or anticipated losses or to increase its reserve ratio. Repeals the prerequisite that the chairperson of the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) make specified certifications to the Congress as a condition of such transfer. Amends the Federal Home Loan Bank Act (FHLBA) to direct the FDIC to transfer certain funds from the SAIF to the Financing Corporation (FICO) to cover the interest payments, issuance costs, and custodial fees on FICO obligations. Amends the FDIA to repeal the minimum assessments requirements for a deposit insurance fund risk-based assessment system. Amends the FHLBA to include within FICO's assessment authority specified SAIF members and Bank Insurance Fund members whose deposits are treated as insured by the SAIF. Limits the average assessment rate differential between former BIF and SAIF members to a maximum of nine basis points.
People & committees
Rep. LaFalce, John J. [D-NY-29] · D–NY
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Referred to the House Committee on Banking and Financial Services.
Sponsor introductory remarks on measure. (CR E855-856)
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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