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Deposit Insurance Assessments: Extension of Comment Period on Proposed Rules
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06/29/2006
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Description:The FDIC Board of Directors has extended the comment period through August 16, 2006, for three proposed rules governing deposit insurance assessments under the Deposit Insurance Reform Act of 2005. The proposed rules would implement a one-time assessment credit, dividends, and procedural and operational changes to the assessment regulations. The Reform Act requires the FDIC to prescribe the credit and dividend regulations by November 5, 2006. Comments on the proposals were originally due by July 17, 2006.
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Content Notes:See FIL-46-2006, dated May 18, 2006 to see more information about the proposed rules.
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Release Date:06/29/2006
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Update Date:06/29/2006
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Withdrawn Date:Not Available
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Fdic Employee Involved:Munsell W. St. Clair
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Law Involved:Federal Deposit Insurance Reform Act of 2005
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Related Regulation:12 C.F.R. 327
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Comment Period End Date:08/16/2006
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Source:FDIC Website
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Memorandum To:All FDIC-Insured Institutions
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FIL Number:FIL-59-2006
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