Depository Institutions Deregulation and Monetary Control Act of 1980

URI: https://gptkb.org/entity/Depository_Institutions_Deregulation_and_Monetary_Control_Act_of_1980
GPTKB entity
Statements (31)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:affects gptkb:Federal_Deposit_Insurance_Corporation
gptkb:Federal_Reserve_System
gptkb:National_Credit_Union_Administration
gptkb:Federal_Home_Loan_Bank_Board
credit unions
commercial banks
savings and loan associations
mutual savings banks
gptkbp:allows automatic transfer service accounts
nationwide NOW accounts
gptkbp:category gptkb:1980_in_American_law
Banking law
United States federal banking legislation
gptkbp:citation gptkb:12_U.S.C._§_226_et_seq.
gptkbp:dateEnacted March 31, 1980
gptkbp:enactedBy gptkb:United_States_Congress
https://www.w3.org/2000/01/rdf-schema#label Depository Institutions Deregulation and Monetary Control Act of 1980
gptkbp:increasedDepositInsuranceTo $100,000
gptkbp:phasedOutIn gptkb:Regulation_Q
gptkbp:publicLawNumber gptkb:Public_Law_96-221
gptkbp:purpose extension of Federal Reserve requirements to all depository institutions
authorization of NOW accounts nationwide
deregulation of depository institutions
increase in deposit insurance coverage
monetary control reform
phased elimination of interest rate ceilings on deposit accounts
gptkbp:shortName gptkb:DIDMCA
gptkbp:signedBy gptkb:Jimmy_Carter
gptkbp:bfsParent gptkb:Savings_and_loan_crisis
gptkbp:bfsLayer 6