,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fchj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #bd1 #bjbj,mr4   
,gre5 ( ,texas 7= himself1 ,ms4 ,g>cia (
 ,texas1 ,mr4 ,meeks1 ,mr4 ,cleav]1 &   
,mrs4 ,beatty7 introduc$ ! foll[+ bill2 
:i* 0 ref]r$ to ! ,committee on         
,f9ancial ,s]vices  ,a ,,bill  ,to      
tempor>ily provide = ,f$]al insurance ( 
transaction acc\nts dur+ ! ,,covid-#ai  
em]g5cy4  #a4 ,insurance ( transaction  
acc\nts  7a7 ,banks & sav+s associations
  7#a7 ,am5dm5ts ,section #aa7;a77#a7 ( 
! ,f$]al ,deposit ,insurance ,act 7#ab  
,u4,s4,c4 #ahba7;a77#a77 is am5d$-- 7,a7
 9 subp>agraph 7,b7-- 7i7 by /rik+ ,!   
net am\nt & ins]t+ ! foll[+3  7i7 ,9    
g5]al ,subject to clause 7ii71 ! net    
am\nt  2 &  7ii7 by add+ at ! end !     
foll[+ new clauses3  7ii7 ,au?orization 
= insurance = transaction acc\nts       
,not)/&+ clause 7i71 ! ,corporation may 
fully insure ! net am\nt t any depositor
 at an insur$ depository in/itution     
ma9ta9s 9 a transaction acc\nt4 ,su*    

am\nt %all n be tak5 into acc\nt :5     
comput+ ! net am\nt due to su* depositor
 "u clause 7i74  7iii7 ,transaction     
acc\nt def9$ ,= purposes ( ?is          
subp>agraph1 ! t]m transaction acc\nt   
has ! mean+ giv5 t t]m "u section #ai ( 
! ,f$]al ,res]ve ,act 7#ab ,u4,s4,c4    
#dfa74  2 &  7,b7 9 subp>agraph 7,c71 by
 /rik+ subp>agraph 7,b7 & ins]t+        
subp>agraph 7,b77i74  7#b7 ,prospective 
repeal ,effective ,janu>y #a1 #bjbb1    
section #aa7;a77#a7 ( ! ,f$]al ,deposit 
,insurance ,act 7#ab ,u4,s4,c4          
#ahba7;a77#a771 z am5d$ by p>agraph     
7#a71 is am5d$-- 7,a7 9 subp>agraph     
7,b7-- 7i7 by /rik+ deposit4-- & all t  
foll[s ?r\gh clause 7ii71 ! net am\nt & 
ins]t deposit4--,! net am\nt2 &  7ii7 by
 /rik+ clauses 7ii7 & 7iii72 &  7,b7 9  
subp>agraph 7,c71 by /rik+ subp>agraph  
7,b77i7 & ins]t+ subp>agraph 7,b74  7b7 
,cr$it unions  7#a7 ,am5dm5ts ,section  
#bjg7k77#a7 ( ! ,f$]al ,cr$it ,union    
,act 7#ab ,u4,s4,c4 #aghg7k77#a77 is    
am5d$-- 7,a7 9 subp>agraph 7,a7-- 7i7 by

 /rik+ ,subject to ! provisions (       
p>agraph 7#b71 ! net am\nt & ins]t+ !   
foll[+3  7i7 ,net am\nt ( insurance     
payable ,subject to clause 7ii7 & !     
provisions ( p>agraph 7#b71 ! net am\nt 
2 &  7ii7 by add+ at ! end ! foll[+ new 
clauses3  7ii7 ,au?orization = insurance
 = transaction acc\nts ,not)/&+ clause  
7i71 ! ,bo>d may fully insure ! net     
am\nt t any memb] or depositor at an    
insur$ cr$it union ma9ta9s 9 a          
transaction acc\nt4 ,su* am\nt %all n be
 tak5 into acc\nt :5 comput+ ! net am\nt
 due to su* memb] or depositor "u clause
 7i74  7iii7 ,transaction acc\nt def9$  
,= purposes ( ?is subp>agraph1 ! t]m    
transaction acc\nt has ! mean+ giv5 t   
t]m "u section #ai ( ! ,f$]al ,res]ve   
,act 7#ab ,u4,s4,c4 #dfa74  2 &  7,b7 9 
subp>agraph 7,b71 by /rik+ subp>agraph  
7,a7 & ins]t+ subp>agraph 7,a77i74  7#b7
 ,prospective repeal ,effective ,janu>y 
#a1 #bjbb1 section #bjg7k77#a7 ( !      
,f$]al ,cr$it ,union ,act 7#ab ,u4,s4,c4
 #aghg7k77#a771 z am5d$ by p>agraph     

7#a71 is am5d$-- 7,a7 9 subp>agraph     
7,a7-- 7i7 by /rik+ 7i7 ,net am\nt (    
insurance payable4-- & all t foll[s     
?r\gh p>agraph 7#b71 ! net am\nt &      
ins]t+ ,subject to ! provisions (       
p>agraph 7#b71 ! net am\nt2 &  7ii7 by  
/rik+ clauses 7ii7 & 7iii72 &  7,b7 9   
subp>agraph 7,b71 by /rik+ subp>agraph  
7,a77i7 & ins]t+ subp>agraph 7,a74  7c7 
,,covid-#ai em]g5cy def9$ ,9 ?is        
section1 ! t]m ,,covid-#ai em]g5cy means
 ! p]iod t beg9s ^u ! date ( ! enactm5t 
( ?is ,act & ends ^u ! date ( !         
t]m9ation by ! ,f$]al ,em]g5cy          
,managem5t ,ag5cy ( ! em]g5cy decl>$ on 
,m>* #ac1 #bjbj1 by ! ,presid5t "u !    
,rob]t ,t4 ,/af=d ,disa/] ,relief &     
,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 
#daba et seq47 relat+ to ! ,coronavirus 
,disease #bjai 7,,covid-#ai7 p&emic4