This bill temporarily removes deposit insurance limits for transaction accounts at depository institutions and credit unions. The limits are reinstated January 1, 2022.
Bank accounts, deposits, capitalBanking and financial institutions regulation
To temporarily provide for Federal insurance of transaction accounts during the COVID-19 emergency.
USA116th CongressHR-6380| House
| Updated: 3/24/2020
This bill temporarily removes deposit insurance limits for transaction accounts at depository institutions and credit unions. The limits are reinstated January 1, 2022.