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Assessments, Mitigating the Deposit Insurance Assessment Effect of Participation in the Paycheck Protection Program (PPP), the PPP Lending Facility, and the Money Market Mutual Fund Liquidity Facility
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05/20/2020
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Description:This Federal Register contains 41 comments. The comments can be found in the Supporting Files section.
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Content Notes:Table E.1: Exclusions From Certain Risk Measures Used to Calculate the Assessment Rate for Established Small Institutions (Pg 30659)
Table: Loan Mix Index Categories and Weighted Charge-Off Rate Percentages (Pg 30659)
Table E.2: Exclusions From Certain Risk Measures Used to Calculate the Assessment Rate for Large or Highly Complex Institutions (Pg 30660-30662)
Table E.3: Runoff Rate Assumptions (Pg 30662-30663)
Table E.4: Asset Loss Rate Assumptions (Pg 30663)
Table E.5: Exclusions From Adjustments to the Initial Base Assessment Rate (Pg 30664)
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Release Date:05/20/2020
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC);U.S. Small Business Administration (SBA);Board of Governors of the Federal Reserve System (The Fed);U.S. Department of the Treasury;Federal Reserve Bank of Boston;Federal Financial Institutions Examination Council (FFIEC);
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Law Involved:Federal Deposit Insurance Act (FDI Act);Coronavirus Aid, Relief, and Economic Security Act (CARES Act);Administrative Procedure Act (APA);Paperwork Reduction Act of 1995 (PRA);Gramm-Leach-Bliley Act;Regulatory Flexibility Act (RFA);Riegle Community Development and Regulatory Improvement Act of 1994 (RCDRIA);
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Comment Period End Date:05/27/2020
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Source:FDIC Website/GovInfo
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Federal Register Citation Number:85 FR 30649
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CFR Number:12 CFR Part 327
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Form Number:FFIEC 002;FFIEC 031;FFIEC 041;FFIEC 051;
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RIN Indentifier:RIN 3064–AF53
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