Depository Institutions Deregulation and Monetary Control Act
GPTKB entity
Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:abbreviation |
gptkb:DIDMCA
|
| gptkbp:affects |
credit unions
commercial banks savings and loan associations mutual savings banks |
| gptkbp:allows |
NOW accounts nationwide
|
| gptkbp:category |
gptkb:1980_in_American_law
Banking law United States federal banking legislation |
| gptkbp:dateEnacted |
March 31, 1980
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:expansion |
Federal Reserve's monetary policy tools
|
| https://www.w3.org/2000/01/rdf-schema#label |
Depository Institutions Deregulation and Monetary Control Act
|
| gptkbp:increasedDepositInsuranceTo |
$100,000
|
| gptkbp:phasedOutIn |
gptkb:Regulation_Q
|
| gptkbp:purpose |
deregulation of depository institutions
expansion of Federal Reserve authority increase in deposit insurance phasing out interest rate ceilings reform of monetary control |
| gptkbp:repealedBy |
usury ceilings on certain loans
|
| gptkbp:requiredAllDepositoryInstitutionsTo |
maintain reserves at the Federal Reserve
|
| gptkbp:signedBy |
gptkb:Jimmy_Carter
|
| gptkbp:title |
gptkb:Public_Law_96-221
|
| gptkbp:bfsParent |
gptkb:Garn–St._Germain_Depository_Institutions_Act_of_1982
|
| gptkbp:bfsLayer |
6
|