S.Amdt. 2389

SA 2389. Ms. WARREN submitted an amendment intended to be proposed by
her to the bill H.R. 1, to provide for reconciliation pursuant to title
II of H. Con. Res. 14; which was ordered to lie on the table; as
follows:

At the appropriate place, insert the following:

SEC. _____. AMENDMENT.

Section 5(d) of the Federal Deposit Insurance Act (12
U.S.C. 1815(d)) is amended by adding at the end the
following:
``(4) TBTF fee.--
``(A) In general.--Whenever the Deposit Insurance Fund
reserve ratio is below 2 percent, any insured depository
institution with more than $700,000,000,000 in assets shall
pay an annual fee of 10 basis points multiplied by its total
liabilities, in addition to the generally applicable fees
required by rule under this section.
``(B) Delay.--If the Corporation finds that imposing the
fee described in subparagraph (A) would undermine the safety
and soundness of the banking system, the Corporation may
delay the imposition of the fee by 1 year.''.
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