Enactment Date of September 30, 1996
| Timeline for Special Assessment | |||
Day | Date (assuming enactment on 9/30/96) | Action | Responsible Division |
| 0 | 9/30/96 | Enactment of Deposit Insurance Funds Act of 1996. | |
| 4 | 10/04/96 | Notice of Special Assessment (including guidelines for "weak" institutions) ("Notice") distributed to Board. | DOI/DRS |
| 8 | 10/08/96 | Board considers, adopts Notice in final form. | DOI/DOS/DOF, with Legal |
| 9 | 10/09/96 | Notice sent to Federal Register. | Legal |
| 9 | 10/09/96 | DOF mails statement to each institution informing them as to timing and procedures for Special Assessment ("weak" institutions contacted individually). _ Additionally, the amount of estimated special assessment, an explanation as to how that amount was calculated, and a copy of the special assessment legislation will be enclosed. | DOF* |
| 17 | 10/17/96 | Notice published in Federal Register. | Legal |
| 32 | 11/01/96 | Deadline for institutions to request different treatment than indicated on DOF statement (e.g., not "weak" institution, etc.). | DOF/DOS* |
| 39 | 11/08/96 | FDIC makes final decision regarding requests by institutions for different treatment. | DOS* |
| 44 | 11/13/96 | DOF sends special assessment invoices (reflecting any adjustments). | DOF* |
| 58 | 11/27/96 | Special Assessment collected by direct debit. | DOF |
* With assistance from other participating Divisions
Copies of the Federal Register Notice will be mailed
as soon as possible to all institutions.