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FDIC Accountability Act of 2016

1/11/2023, 1:31 PM

Congressional Summary of HR 4781

FDIC Accountability Act of 2016

This bill amends the Federal Deposit Insurance Act to authorize the Federal Deposit Insurance Corporation (FDIC) to incur obligations or allow and pay expenses only pursuant to an appropriations Act, except for obligations or expenses that have either been:

  • paid for with funds from the Deposit Insurance Fund; or
  • incurred, allowed, or paid to implement the insurance function of the FDIC.

Any FDIC-collected fees that are not deposit insurance fees must be deposited and credited as offsetting collections to the account providing appropriations to the FDIC.

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Current Status of Bill HR 4781

Bill HR 4781 is currently in the status of Bill Introduced since March 17, 2016. Bill HR 4781 was introduced during Congress 114 and was introduced to the House on March 17, 2016.  Bill HR 4781's most recent activity was Referred to the House Committee on Financial Services. as of March 17, 2016

Bipartisan Support of Bill HR 4781

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4781

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Appropriations
- Executive agency funding and structure
- Federal Deposit Insurance Corporation (FDIC)
- User charges and fees

Alternate Title(s) of Bill HR 4781

FDIC Accountability Act of 2016
To amend the Federal Deposit Insurance Act to make certain functions of the Federal Deposit Insurance Corporation subject to appropriations.
FDIC Accountability Act of 2016

Comments

Sponsors and Cosponsors of HR 4781

Sean P. Duffy
Sean P. Duffy
WisconsinRepublican
Blaine Luetkemeyer
Blaine Luetkemeyer
MissouriRepublican

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