PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Banking.
Congressional Research Service
Version 00 · Introduced in Senate · Jul 7, 1998
Bank Insurance Fund Rebate Act of 1998 - Amends the Federal Deposit Insurance Act governing refunds of assessments imposed upon insured depository institutions to provide that a refund for any semiannual assessment period may exceed that of the previous period if the amount of actual deposit insurance fund reserves exceeds a ratio of 1.5 percent.
People & committees
Sen. Faircloth, Lauch [R-NC] · R–NC
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Read twice and referred to the Committee on Banking.
Sponsor introductory remarks on measure. (CR S7579-7580)
Introduced in Senate
Primary sources
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Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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