H.R. 8088
IntroducedGrowing Deposit Insurance for the Future Act
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Full text of the bill
Official source on Congress.gov ↗[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8088 Introduced in House (IH)]
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119th CONGRESS 2d Session H. R. 8088
To amend the Federal Deposit Insurance Act to update the inflation adjustment applicable to deposit insurance and share insurance.
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IN THE HOUSE OF REPRESENTATIVES
March 25, 2026
Mr. Meuser introduced the following bill; which was referred to the Committee on Financial Services
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A BILL
To amend the Federal Deposit Insurance Act to update the inflation adjustment applicable to deposit insurance and share insurance.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Growing Deposit Insurance for the Future Act''.
SEC. 2. INSURANCE INFLATION ADJUSTMENT.
Section 11(a)(1)(F)(i) of the Federal Deposit Insurance Act (12 U.S.C. 1821(a)(1)(F)(i)) is amended--
(1) by striking ``2010'' and inserting ``2030'';
(2) in subclause (I), by striking ``$100,000'' and inserting ``the standard maximum deposit insurance amount described in subparagraph (E), before any adjustment as provided under this subparagraph''; and
(3) in subclause (II), by striking ``the date this subparagraph takes effect under the Federal Deposit Insurance Reform Act of 2005'' and inserting ``the date of enactment of the Growing Deposit Insurance for the Future Act''. <all>