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H.R. 5429: Investor Deposit Yardstick Act

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H.R. 5429: Investor Deposit Yardstick Act

111th Congress · introduced 2010-05-27 · Finance and Financial Sector · Latest: Sponsor introductory remarks on measure. (CR E980)

federal

Follow this bill, step by step

  1. Where it came from: introduced 2010-05-27 · official record
  2. Who proposed it: Rep. Harman, Jane [D-CA-36] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Sponsor introductory remarks on measure. (CR E980) Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Investor Deposit Yardstick Act

Plain summary

Investor Deposit Yardstick Act - Extends retroactively the increase in the standard maximum deposit insurance amount pursuant to the Emergency Economic Stabilization Act of 2008 (EESA) to include depositors in any institution for which the Federal Deposit Insurance Corporation (FDIC) was appointed as receiver or conservator on or after January 1, 2008, and before October 3, 2008. Directs the FDIC to take necessary actions to carry out deposit insurance requirements under the Federal Deposit Insurance Act (FDIA) with respect to such depositors, without regard to any time limitations under such Act. Deems any payment on a deposit claim made by FDIC as receiver or conservator to a depositor above the standard maximum deposit insurance amount in effect at the time of the FDIC's appointment as receiver or conservator to be part of the net amount due to the depositor under the FDIA.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Investor Deposit Yardstick Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Harman, Jane [D-CA-36] · 10 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Adam B. Schiff (D-CA), Linda T. Sánchez (D-CA), John Garamendi (D-CA)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Sources

Record fed-us-cong111-hr5429 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111