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Financial Institution Letters

Enactment Date of September 30, 1996
Timeline for Rulemaking to Reduce SAIF Assessment Rate Schedule


Day
Date (assuming enactment on 9/30/96)

Action


Responsible Division
0 9/30/96 Enactment of Deposit Insurance Funds Act of 1996  
0 9/30/96 Collection of SAIF assessment for fourth quarter at existing rates (based on invoices mailed 8/30/96) DOF
4 10/04/96 Notice of Proposed Rulemaking (NPR) distributed to Board DOI*
8 10/08/96 Consideration of NPR by Board DOI/DRS/DOF, with Legal
9 10/09/96 NPR sent to Federal Register _ Legal
17 10/17/96 NPR published in Federal Register for 30-day comment period Legal
49 11/18/96 Comment deadline for NPR DOI/DRS/DOF/Legal
66 12/05/96 Final rule considered by Operating Committee DOI/DRS/DOF, with Legal
71 12/10/96 Board considers, adopts final rule; Rule made effective on adoption DOI/DRS/DOF, with Legal
72 12/11/96 Final rule sent to Federal Register Legal
72 12/11/96 Invoices mailed for regular assessment for first quarter 1997 DOF
81 12/20/96 Final rule published in Federal Register Legal
92 12/31/96 Collection of assessments for first quarter of 1997 for early payers; regular collection 1/02/97 DOF

* With assistance from other participating Divisions

Copies of the Federal Register Notice will be mailed
as soon as possible to all institutions.

* With assistance from other participating Divisions

Copies of the Federal Register Notice will be mailed
as soon as possible to all institutions.

Last Updated 07/13/1999 communications@fdic.gov