What does Preamble of Growing Deposit Insurance for the Future Act do?

This bill proposes to amend the Federal Deposit Insurance Act. The amendment aims to update the inflation adjustment applicable to deposit insurance and share insurance.

What does SHORT TITLE. of Growing Deposit Insurance for the Future Act do?

This bill is formally titled the Growing Deposit Insurance for the Future Act

What does INSURANCE INFLATION ADJUSTMENT. of Growing Deposit Insurance for the Future Act do?

This section amends Section 11(a)(1)(F)(i) of the Federal Deposit Insurance Act. The year '2010' is replaced with '2030'. The dollar amount '$100,000' is replaced with 'the standard maximum deposit insurance amount described in subparagraph (E), before any adjustment as provided under this subparagraph'. The reference to 'the date this subparagraph takes effect under the Federal Deposit Insurance Reform Act of 2005' is replaced with 'the date of enactment of the Growing Deposit Insurance for the Future Act'.

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Growing Deposit Insurance for the Future Act

Last updated: 3/25/2026 · Introduced: 3/25/2026

Author: Daniel Meuser (R-PA)

TL;DR (AI)

This bill updates the formula for adjusting deposit insurance limits to reflect inflation, using the standard maximum deposit insurance amount.
The bill changes the base year for inflation adjustments from 2010 to 2030.
The effective date for the inflation adjustment is changed to the date of enactment of this Act.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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