H.R. 3234

119th CONGRESS 1st Session

To amend the Federal Deposit Insurance Act to modify the amount of reciprocal deposits of an insured depository institution that are not considered to be funds obtained by or through a deposit broker, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES · May 7, 2025 · Sponsor: Mr. Emmer · Committee: Committee on Financial Services

Table of contents

• H.R. 3234
  • SEC. 1. Amount of reciprocal deposits that are not considered to be funds obtained by or through a deposit broker
  • SEC. 2. Definition of Agent Institution

SEC. 1. Amount of reciprocal deposits that are not considered to be funds obtained by or through a deposit broker

• Section 29(i) of the Federal Deposit Insurance Act () is amended by striking paragraph (1) and inserting the following: 12 U.S.C. 1831f(i)
  • (1) In general
    • The sum of the following amounts of reciprocal deposits of an agent institution shall not be considered to be funds obtained, directly or indirectly, by or through a deposit broker:
      • An amount equal to 50 percent of the portion of the total liabilities of the agent institution that is less than or equal to $1,000,000,000.
      • An amount equal to 40 percent of the portion, if any, of the total liabilities of the agent institution that is greater than $1,000,000,000, but less than or equal to $10,000,000,000.
      • An amount equal to 30 percent of the portion, if any, of the total liabilities of the agent institution that is greater than $10,000,000,000, but less than or equal to $250,000,000,000.
      • An amount equal to 20 percent of the portion, if any, of the total liabilities of the agent institution that is greater than $250,000,000,000, but less than or equal to $1,000,000,000,000.
      • An amount equal to 2 percent of the portion, if any, of the total liabilities of the agent institution that is greater than $1,000,000,000,000.

SEC. 2. Definition of Agent Institution

• Section 29(i)(2)(A)(i) of the Federal Deposit Insurance Act () is amended by striking subclause (I) and inserting the following: 12 U.S.C. 1831f(i)(2)(A)(i)
  • when most recently examined under section 10(d) was assigned a CAMELS rating of 1, 2, or 3; and