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.