FDIC Accountability Act of 2016

House Bill 4781 - FDIC Accountability Act of 2016: Overview, Status, and Impact

Hozzl · 2023-01-11T13:31:52Z

Explore the details of House Bill 4781 FDIC Accountability Act of 2016 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

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