‘‘(III) PASS-THROUGH
DEPOSIT
INSURANCE.—The term ‘pass-through
deposit insurance’ means, with respect
to an employee benefit plan, deposit
insurance coverage provided on a pro
rata basis to the participants in the
plan, in accordance with the interest
of each participant.’’.
(c) DOUBLING OF DEPOSIT INSURANCE FOR CER-
TAIN RETIREMENT ACCOUNTS.—Section 11(a)(3)(A) of
the 
Federal 
Deposit 
Insurance 
Act 
(12 
U.S.C.
1821(a)(3)(A)) is amended by striking ‘‘$100,000’’ and
inserting ‘‘2 times the standard maximum deposit insur-
ance amount (as determined under paragraph (1))’’.
(d) INCREASED INSURANCE COVERAGE FOR MUNIC-
IPAL DEPOSITS.—Section 11(a)(2) of the Federal Deposit
Insurance Act (12 U.S.C. 1821(a)(2)) is amended—
(1) in subparagraph (A)—
(A) by moving the margins of clauses (i)
through (v) 4 ems to the right;
(B) by striking, in the matter following
clause (v), ‘‘such depositor shall’’ and all that
follows through the period; and
(C) by striking the semicolon at the end of
clause (v) and inserting a period;
(2) by striking ‘‘(2)(A) Notwithstanding’’ and
all that follows through ‘‘a depositor who is—’’ and
inserting the following:
‘‘(2) MUNICIPAL DEPOSITORS.—
‘‘(A) IN GENERAL.—Notwithstanding any
limitation in this Act or in any other provision
of law relating to the amount of deposit insur-
ance available to any 1 depositor—
‘‘(i) a municipal depositor shall, for
the purpose of determining the amount of
insured deposits under this subsection, be
deemed to be a depositor separate and dis-
tinct from any other officer, employee, or
agent of the United States or any public
unit referred to in subparagraph (E); and
‘‘(ii) except as provided in subpara-
graph (B), the deposits of a municipal de-
positor shall be insured in an amount
equal to the standard maximum deposit in-
surance amount (as determined under
paragraph (1)).
‘‘(B) IN-STATE MUNICIPAL DEPOSITORS.—
In the case of the deposits of an in-State mu-
nicipal depositor described in clause (ii), (iii),
(iv), or (v) of subparagraph (E) at an insured
depository institution, such deposits shall be in-
sured in an amount not to exceed the lesser
of—
‘‘(i) $2,000,000; or
‘‘(ii) the sum of the standard max-
imum deposit insurance amount and 80
percent of the amount of any deposits in
excess of the standard maximum deposit
insurance amount.
‘‘(C) MUNICIPAL
DEPOSIT
PARITY.—No
State may deny to insured depository institu-
tions within its jurisdiction the authority to ac-
cept deposits insured under this paragraph, or
prohibit the making of such deposits in such in-
stitutions by any in-State municipal depositor.
‘‘(D) IN-STATE MUNICIPAL DEPOSITOR DE-
FINED.—For purposes of this paragraph, the
term ‘in-State municipal depositor’ means a
municipal depositor that is located in the same
State as the office or branch of the insured de-
pository institution at which the deposits of
that depositor are held.
‘‘(E) MUNICIPAL
DEPOSITOR.—In this
paragraph, the term ‘municipal depositor’
means a depositor that is—’’;
(3) by striking ‘‘(B) The’’ and inserting the fol-
lowing:
‘‘(F) AUTHORITY
TO
LIMIT
DEPOSITS.—
The’’; and
(4) by striking ‘‘depositor referred to in sub-
paragraph (A) of this paragraph’’ each place such
term appears and inserting ‘‘municipal depositor’’.
(e) TECHNICAL AND CONFORMING AMENDMENT RE-
LATING TO INSURANCE OF TRUST FUNDS.—Paragraphs
(1) and (3) of section 7(i) of the Federal Deposit Insur-
ance Act (12 U.S.C. 1817(i)) are each amended by strik-
ing ‘‘$100,000’’ and inserting ‘‘the standard maximum de-
posit insurance amount (as determined under section
11(a)(1))’’.
(f) OTHER TECHNICAL AND CONFORMING AMEND-
MENTS.—
(1) Section 11(m)(6) of the Federal Deposit In-
surance Act (12 U.S.C. 1821(m)(6)) is amended by
striking ‘‘$100,000’’ and inserting ‘‘an amount equal
to 
the 
standard 
maximum 
deposit 
insurance
amount’’.
(2) Subsection (a) of section 18 of the Federal
Deposit Insurance Act (12 U.S.C. 1828(a)) is
amended to read as follows:
‘‘(a) INSURANCE LOGO.—