Marlin Stutzman (R-IN)
To require the Federal Deposit Insurance Corporation and the National Credit Union Administration to carry out an analysis to determine whether insurance coverage should be raised on covered transaction accounts, and for other purposes.
A Republican bill with no cosponsors
Last activity — Referred to the House Committee on Financial Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill directs the Federal Deposit Insurance Corporation and the National Credit Union Administration to conduct specific analyses regarding insurance coverage for covered transaction accounts. The goal is to determine if the standard maximum insurance amounts should be raised for certain accounts held by businesses, non-profits, or municipalities. The FDIC must study the economic impact, competition, and safety of the banking system, while also looking at how higher assessments affect institutions of different sizes. Similarly, the National Credit Union Administration must perform these same studies for the credit union system. Both agencies are required to make their findings and data available to the public.
Yes· 3 of 5
- Scored +5
Does this make what the government does easier for the public to see?
The bill explicitly requires the FDIC and NCUA to make their data and analyses available to the public.
- Scored +2
Would business owners be better off under this?
The bill investigates increasing insurance protections for accounts held by businesses.
- Scored +2
Does this make it easier to run a small business?
The bill directs an analysis of whether raising insurance limits would benefit businesses and non-profit organizations.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Insurance Coverage Determination: The bill directs the FDIC and the National Credit Union Administration to analyze whether a higher standard maximum deposit or share insurance amount should apply to covered transaction accounts (Section 1(a)(1)(A) and Section 1(b)(1)(A)). This could potentially lead to higher levels of protection for organizations like businesses, non-profits, and municipalities.
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Public Transparency: The bill requires that the data and analyses conducted by the FDIC and the National Credit Union Administration be made available to the public (Section 1(a)(1)(G) and Section 1(b)(1)(G)). This ensures that the information regarding insurance coverage and its impacts is accessible to the people.
Potential Negative Impacts for People
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Risk of Mischaracterization: The bill requires agencies to find ways to prevent institutions from mischaracterizing other types of accounts as "covered transaction accounts" just to get higher insurance coverage (Section 1(a)(1)(C) and Section 1(b)(1)(C)). This indicates a potential risk that institutions might attempt to manipulate account types to obtain more insurance.
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Impact on Institutional Safety and Soundness: The bill calls for an analysis of the expected impact that higher insurance assessments might have on the safety and soundness of insured depository institutions and credit unions (Section 1(a)(1)(E) and Section 1(b)(1)(E)). This suggests that changes to insurance coverage could potentially impact the financial stability of these institutions.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill explicitly requires the FDIC and NCUA to make their data and analyses available to the public.
- Demographic And Interest Groups
- Would business owners be better off under this? — The bill investigates increasing insurance protections for accounts held by businesses. Would people in cities be better off under this? — The bill examines protections for municipality accounts which can affect urban local governments.
- Economy And Finance
- Does this make it easier to run a small business? — The bill directs an analysis of whether raising insurance limits would benefit businesses and non-profit organizations. Is this likely to grow the economy? — The bill seeks to analyze whether increasing insurance coverage for transaction accounts could improve competition and stability in the banking sector.
- 3/25/2026
- Referred to the House Committee on Financial Services.
- Introduced in House