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14980 1 (2005)

handle is hein.usccsset/usconset50227 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
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                     109TH CONGRESS                                          REPORT
                        1st Session    HOUSE   OF  REPRESENTATIVES           109-67







                        FEDERAL DEPOSIT INSURANCE REFORM ACT OF 2005




                      APRIL 29, 2005.-Committed to the Committee of the Whole House on the State of
                                        the Union and ordered to be printed




                           Mr.  OXLEY, from  the Committee   on Financial Services,
                                           submitted  the following


                                              REPORT


                                            [To accompany H.R. 1185]

                               [Including cost estimate of the Congressional Budget Office]

                       The  Committee  on  Financial Services, to whom  was  referred the
                     bill (H.R. 1185) to reform  the  Federal deposit  insurance  system,
                     and for other purposes,  having  considered the  same, report  favor-
                     ably thereon with  an amendment and recommend that the bill as
                     amended  do pass.

                                                  CONTENTS
                                                                                      Page
                     A m endm ent ..............................................................................................................  1
                     Purpose and Sum m ary  ............................................................................................  20
                     Background and Need for  Legislation  ....................................................................  20
                     H earings ...................................................................................................................  23
                     Com m ittee  Consideration  ........................................................................................  23
                     C om m ittee  V otes  ......................................................................................................  23
                     Com m ittee  Oversight  Findings  ...............................................................................  23
                     Perform ance  Goals  and  Objectives  .........................................................................  23
                     New Budget Authority, Entitlement Authority, and Tax Expenditures ............. 23
                     Com m ittee  Cost  Estim ate  .......................................................................................  24
                     Congressional Budget Office  Estimate   ...................................................................  24
                     Federal M andates  Statem ent  .................................................................................  31
                     Advisory Com m ittee  Statem ent  ..............................................................................  31
                     Constitutional Authority  Statem ent  ......................................................................  31
                     Applicability  to  Legislative  Branch  ........................................................................  31
                     Section-by-Section  Analysis of the  Legislation  ......................................................  31
                     Changes in Existing Law Made by the Bill, as Reported ..................................... 38

                                                 AMENDMENT

                       The amendment is   as follows:
                       Strike all after the enacting clause and insert the following:
                       39-006

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