Public Law 96-221

URI: https://gptkb.org/entity/Public_Law_96-221

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:United_States_federal_law
gptkbp:affects	gptkb:Federal_Reserve_System credit unions commercial banks savings and loan associations
gptkbp:amendedBy	gptkb:Federal_Deposit_Insurance_Act gptkb:Federal_Reserve_Act gptkb:Home_Owners'_Loan_Act gptkb:National_Bank_Act
gptkbp:dateEnacted	March 31, 1980
gptkbp:enactedBy	gptkb:United_States_Congress
gptkbp:officialName	gptkb:Depository_Institutions_Deregulation_and_Monetary_Control_Act_of_1980
gptkbp:provides	increased deposit insurance coverage from $40,000 to $100,000 authorized NOW accounts nationwide preempted state usury laws for certain loans extended Federal Reserve requirements to all depository institutions phased out interest rate ceilings on deposit accounts
gptkbp:publicLawNumber	96-221
gptkbp:purpose	deregulation of depository institutions monetary control
gptkbp:shortName	gptkb:DIDMCA
gptkbp:signedBy	gptkb:Jimmy_Carter
gptkbp:statutesAtLargeCitation	94 Stat. 132
gptkbp:bfsParent	gptkb:Depository_Institutions_Deregulation_and_Monetary_Control_Act_of_1980 gptkb:Depository_Institutions_Deregulation_and_Monetary_Control_Act
gptkbp:bfsLayer	7
https://www.w3.org/2000/01/rdf-schema#label	Public Law 96-221