In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

Ex Input:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Grand Staircase Escalante
Enhancement Act''.

SEC. 2. TABLE OF CONTENTS.

The table of contents for this Act is as follows:

Sec. 1. Short title.
Sec. 2. Table of contents.
Sec. 3. Definitions.
Sec. 4. Establishment of Escalante Canyons National Park and Preserve.
Sec. 5. Withdrawals.
Sec. 6. Map and legal description.
Sec. 7. Grand Staircase National Monument.
Sec. 8. Kaiparowits National Monument.
Sec. 9. Escalante Canyons National Monument.
Sec. 10. Escalante Canyons National Park and Preserve, Grand Staircase
National Monument, Kaiparowits National
Monument, and Escalante Canyons National
Monument Management Council.
Sec. 11. Federal land manager adherence.
Sec. 12. Clarification.
Sec. 13. Restoration of land status.
Sec. 14. Hole in the Rock Road.
Sec. 15. Effect on proclamations.

SEC. 3. DEFINITIONS.

In this Act:
(1) Management council.--The term ''Management Council''
means the council established under section 10.
(2) Secretary.--The term ''Secretary'' means the Secretary
of the Interior.

SEC. 4. ESTABLISHMENT OF ESCALANTE CANYONS NATIONAL PARK AND PRESERVE.

(a) Establishment.--There is hereby established within the
Escalante Canyons National Monument the ''Escalante Canyons National
Park and Preserve'' in the State of Utah.
(b) Boundaries.--The boundaries of Escalante Canyons National Park
and Preserve are as generally depicted on the map entitled ''____'',
numbered ___, and dated ____. The map shall be on file and available
for public inspection in the appropriate offices of the National Park
Service.
(c) Purpose.--The purpose of the Escalante Canyons National Park
and Preserve shall be to protect, conserve, and enhance in the
Escalante Canyons National Park and Preserve--
(1) the unique and nationally important historic, natural,
scenic, and natural resources;
(2) recreation, including hunting; and
(3) grazing.

SEC. 5. WITHDRAWALS.

Subject to valid existing rights, any Federal land within the
Escalante Canyons National Park and Preserve, including any land or
interest in land that is acquired by the United States after the date
of enactment of this Act, is withdrawn from--
(1) entry, appropriation, or disposal under the public land
laws;
(2) location, entry, and patent under the mining laws; and
(3) operation of the mineral leasing, mineral materials,
and geothermal leasing laws.

SEC. 6. MAP AND LEGAL DESCRIPTION.

(a) In General.--As soon as practicable after the date of the
enactment of this Act, the Secretary shall submit to the Committee on
Natural Resources of the House of Representatives and the Committee on
Energy and Natural Resources of the Senate a map and legal description
of the Escalante Canyons National Park and Preserve.
(b) Force and Effect.--The map and legal description submitted
under this section shall have the same force and effect as if included
in this Act, except that the Secretary may make minor modifications of
any clerical or typographical errors in the map or legal description
provided these changes are first reported to the State of Utah,
Garfield and Kane Counties in Utah, and the Management Council.

SEC. 7. GRAND STAIRCASE NATIONAL MONUMENT.

(a) Establishment.--Subject to valid existing rights, the Federal
land comprising approximately 211,983 acres, identified as ''Grand
Staircase Unit'' and generally depicted on the map entitled ''Grand
Staircase-Escalante National Monument Modification'' is hereby
established as the ''Grand Staircase National Monument''.
(b) Purpose.--The purpose of the Grand Staircase National Monument
shall be to protect, conserve, and enhance the monument's--
(1) unique and nationally important historic, scenic, and
natural resources;
(2) recreation, including hunting; and
(3) grazing.
(c) Map.--
(1) As soon as practicable after the date of the enactment
of this Act, the Secretary shall submit to the Committee on
Natural Resources of the House of Representatives and the
Committee on Energy and Natural Resources of the Senate a map
and legal description of the Grand Staircase National Monument
established in this section.
(2) The map and legal description submitted under this
section shall have the same force and effect as if included in
this title, except that the Secretary may make minor
modification of any clerical or typographical errors in the map
or legal description provided these changes are first reported
to the State of Utah, Kane County, Utah, and the Management
Council.
(3) A copy of the map and legal description shall be on
file and available for public inspection in the appropriate
field offices of the Bureau of Land Management.

SEC. 8. KAIPAROWITS NATIONAL MONUMENT.

(a) Establishment.--Subject to valid existing rights, the Federal
land comprising approximately 551,117 acres, identified as
''Kaiparowits Unit'' and generally depicted on the map entitled ''Grand
Staircase-Escalante National Monument Modification'' is hereby
established as the ''Kaiparowits National Monument''.
(b) Purpose.--The purpose of the Kaiparowits National Monument
shall be to protect, conserve, and enhance the monument's--
(1) unique and nationally important historic, scenic, and
natural resources;
(2) recreation, including hunting; and
(3) grazing.
(c) Map.--
(1) As soon as practicable after the date of the enactment
of this Act, the Secretary shall submit to the Committee on
Natural Resources of the House of Representatives and the
Committee on Energy and Natural Resources of the Senate a map
and legal description of the Kaiparowits National Monument
established in this section.
(2) The map and legal description submitted under this
section shall have the same force and effect as if included in
this title, except that the Secretary may make minor
modification of any clerical or typographical errors in the map
or legal description provided these changes are first reported
to the State of Utah, Kane and Garfield Counties, Utah, and the
Management Council.
(3) A copy of the map and legal description shall be on
file and available for public inspection in the appropriate
field offices of the Bureau of Land Management.

SEC. 9. ESCALANTE CANYONS NATIONAL MONUMENT.

(a) Establishment.--Subject to the valid existing rights, the
Federal land comprising approximately 243,241 acres, identified as
''Escalante Canyons Unit'' and generally depicted on the map entitled
''Grand Staircase-Escalante National Monument Modification'' is hereby
established as the ''Escalante Canyons National Monument''.
(b) Purpose.--The purpose of the Escalante Canyons National
Monument shall be to protect, conserve, and enhance the monument's--
(1) unique and nationally important historic, scenic, and
natural resources;
(2) recreation, including hunting; and
(3) grazing.
(c) Map.--
(1) As soon as practicable after the date of the enactment
of this Act, the Secretary shall submit to the Committee on
Natural Resources of the House of Representatives and the
Committee on Energy and Natural Resources of the Senate a map
and legal description of the Escalante Canyons National
Monument established in this section.
(2) The map and legal description submitted under this
section shall have the same force and effect as if included in
this title, except that the Secretary may make minor
modification of any clerical or typographical errors in the map
or legal description provided these changes are first reported
to the State of Utah, Garfield County, Utah, and the Management
Council.
(3) A copy of the map and legal description shall be on
file and available for public inspection in the appropriate
field offices of the Bureau of Land Management.

SEC. 10. ESCALANTE CANYONS NATIONAL PARK AND PRESERVE, GRAND STAIRCASE
NATIONAL MONUMENT, KAIPAROWITS NATIONAL MONUMENT, AND
ESCALANTE CANYONS NATIONAL MONUMENT MANAGEMENT COUNCIL.

(a) Establishment.--The Management Council is hereby established.
(b) Duties.--The Management Council shall develop and implement the
comprehensive management plans for the Escalante Canyons National Park
and Preserve, the Grand Staircase National Monument, the Kaiparowits
National Monument, and the Escalante Canyons National Monument
consistently with the purposes of those areas as provided in this Act.
(c) Membership.--The Management Council shall be composed of 7
members appointed not later than 180 days after the date of the
enactment of this Act as follows:
(1) One individual from the Department of Interior,
appointed by the President.
(2) Five individuals, appointed by the President in
consultation with the Congressional delegation from the State
of Utah and the Governor of Utah, who shall represent the
following:
(A) Two from the Garfield County, Utah, Board of
Commissioners.
(B) Two from the Kane County, Utah, Board of
Commissioners.
(C) One Utah State Legislator representing Kane
County, Garfield County, or both.
(3) One at-large representative appointed by the President.
(d) Qualifications.--The members appointed under subsections (c)(2)
and (3) shall not be employees of the Federal Government.
(e) Terms.--The President shall appoint the members under
subsections (c)(2) and (3) for a term of 5 years, except that the
President shall designate staggered terms for the members initially
appointed to the Management Council. The President may reappoint a
member to not more than three consecutive terms.
(f) Vacancies.--Vacancies of members appointed under subsections
(c)(2) and (3) shall be filled in the same manner as such positions
were originally filled as soon as practicable after the vacancy has
occurred.
(g) Compensation.--Members appointed under subsections (c)(2) and
(3) shall serve without pay, except for reasonable travel expenses,
including per diem in lieu of subsistence, at the rate authorized for
employees of agencies under subchapter I of chapter 57 of title 5,
United States Code, while away from their homes or regular places of
business in the performance of duties for the Council.
(h) Chair.--The members shall select the chair of the Management
Council from the members appointed under subsection (c)(2) and (3) for
a term beginning on the date of selection, and ending in 5 years or
until the member's term of office expires, whichever occurs first.
(i) Staff Assistance.--The Management Council may request
administrative assistance from Federal employees under the jurisdiction
of the Secretary of the Interior or the Secretary of Agriculture.
(j) Meetings.--
(1) Frequency.--The Management Council shall meet at the
call of the Chair or a majority of the members. Meetings shall
be held no less than once per year. A majority must be present
to constitute a quorum to conduct official business.
(2) Announcement; open meetings.--All meetings of the
Management Council shall be announced at least one week in
advance in publications of general circulation and shall be
open to the public.
(k) Administration.--
(1) The Management Council shall allow hunting, fishing and
trapping on lands and water under the jurisdiction of the
Secretary within the Escalante Canyons National Park and
Preserve in accordance with the applicable laws of the State of
Utah.
(2) The Management Council shall ensure that the privilege
of grazing domestic livestock on lands with the Escalante
Canyons National Park and Preserve shall continue to be
exercised and enhanced in perpetuity. Grazing within the
Escalante Canyons National Park and Preserve shall be
administered by the National Park Service.

SEC. 11. FEDERAL LAND MANAGER ADHERENCE.

Federal land managers shall adhere to the management plans created
by the Management Council.

SEC. 12. CLARIFICATION.

Nothing in this Act affects the jurisdiction of the State of Utah
with respect to the management of fish, wildlife and predators in the
State.

SEC. 13. RESTORATION OF LAND STATUS.

Subject to valid existing rights, the provisions of existing
withdrawals, and the requirements of applicable law, the public lands
excluded from the monument reservation under Presidential Proclamation
___, dated December 4, 2017, and issued under chapter 3203 of title 54,
United States Code, shall be open to:
(1) entry, location, selection, sale or other disposition
under the public land laws;
(2) disposition under all laws relating to mineral and
geothermal leasing; and
(3) location, entry, and patent under the mining laws.

SEC. 14. HOLE IN THE ROCK ROAD.

The Secretary shall convey to the State of Utah all right, title
and interest of the United States in and to the Hole in the Rock Road
(BLM Road 200).

SEC. 15. EFFECT ON PROCLAMATIONS.

Any provision of Presidential Proclamation 6920, dated September
18, 1996, and Presidential Proclamation ____, dated December 4, 2017,
and issued under chapter 3203 of title 54, United States Code, that is
inconsistent with this Act is hereby declared null and void.

Ex Output:
Grand Staircase Escalante Enhancement Act This bill establishes the Escalante Canyons National Park and Preserve within the Escalante Canyons National Monument (established by this bill and consisting of approximately 243,241 acres) in Utah. Federal lands within the park and preserve, including lands or interests acquired by the United States afterwards, are withdrawn from: entry, appropriation, or disposal under the public land laws; location, entry, and patent under the mining laws; and operation of the mineral leasing, mineral materials, and geothermal leasing laws. The bill also establishes the Grand Staircase National Monument (consisting of approximately 211,983 acres) and the Kaiparowits National Monument (consisting of approximately 551,117 acres). A management council shall implement comprehensive management plans for the park and preserve and the monuments. Federal land managers must adhere to the management plans created by the council. The public lands excluded from the lands and interests in lands reserved within the modified boundaries of the Grand Staircase-Escalante National Monument under the Presidential Proclamation dated December 4, 2017, shall be open to: entry, location, selection, sale, or other disposition under the public land laws; disposition under all laws related to mineral and geothermal leasing; and location, entry, and patent under the mining laws. Interior shall convey to the state of Utah the Hole in the Rock Road (BLM [Bureau of Land Management] Road 200).

Ex Input:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Review EPA's Language on Agriculture
and Thoroughly Engage with the Farm Act of 2013'' or the ''RELATE with
the Farm Act of 2013''.

SEC. 2. REGULATORY REVIEW BY THE SECRETARY OF AGRICULTURE.

(a) Review of Regulatory Agenda.--The Secretary of Agriculture
shall review publications that may give notice that the Environmental
Protection Agency is preparing or plans to prepare any guidance,
policy, memorandum, regulation, or statement of general applicability
and future effect that may have a significant impact on a substantial
number of agricultural entities, including--
(1) any regulatory agenda of the Environmental Protection
Agency published pursuant to section 602 of title 5, United
States Code;
(2) any regulatory plan or agenda published by the
Environmental Protection Agency or the Office of Management and
Budget pursuant to an Executive order, including Executive
Order 12866; and
(3) any other publication issued by the Environmental
Protection Agency or the Office of Management and Budget that
may reasonably be foreseen to contain notice of plans by the
Environmental Protection Agency to prepare any guidance,
policy, memorandum, regulation, or statement of general
applicability and future effect that may have a significant
impact on a substantial number of agricultural entities.
(b) Information Gathering.--For a publication item reviewed under
subsection (a) that the Secretary determines may have a significant
impact on a substantial number of agricultural entities, the Secretary
shall--
(1) solicit from the Administrator of the Environmental
Protection Agency any information the Administrator may provide
to facilitate a review of the publication item;
(2) utilize the Chief Economist of the Department of
Agriculture to produce an economic impact statement for the
publication item that contains a detailed estimate of potential
costs to agricultural entities;
(3) identify individuals representative of potentially
affected agricultural entities for the purpose of obtaining
advice and recommendations from such individuals about the
potential impacts of the publication item; and
(4) convene a review panel for analysis of the publication
item that includes the Secretary, any full-time Federal
employee of the Department of Agriculture appointed to the
panel by the Secretary, and any employee of the Environmental
Protection Agency or the Office of Information and Regulatory
Affairs within the Office of Management and Budget that accepts
an invitation from the Secretary to participate in the panel.
(c) Duties of the Review Panel.--A review panel convened for a
publication item under subsection (b)(4) shall--
(1) review any information or material obtained by the
Secretary and prepared in connection with the publication item,
including any draft proposed guidance, policy, memorandum,
regulation, or statement of general applicability and future
effect;
(2) collect advice and recommendations from agricultural
entity representatives identified by the Administrator after
consultation with the Secretary;
(3) compile and analyze such advice and recommendations;
and
(4) make recommendations to the Secretary based on the
information gathered by the review panel or provided by
agricultural entity representatives.
(d) Comments.--
(1) In general.--Not later than 60 days after the date the
Secretary convenes a review panel pursuant to subsection
(b)(4), the Secretary shall submit to the Administrator
comments on the planned or proposed guidance, policy,
memorandum, regulation, or statement of general applicability
and future effect for consideration and inclusion in any
related administrative record, including--
(A) a report by the Secretary on the concerns of
agricultural entities;
(B) the findings of the review panel;
(C) the findings of the Secretary, including any
adopted findings of the review panel; and
(D) recommendations of the Secretary.
(2) Publication.--The Secretary shall publish the comments
in the Federal Register and make the comments available to the
public on the public Internet website of the Department of
Agriculture.
(e) Waivers.--The Secretary may waive initiation of the review
panel under subsection (b)(4) as the Secretary determines appropriate.
(f) Definition of Agricultural Entity.--In this section, the term
''agricultural entity'' means any entity involved in or related to
agricultural enterprise, including enterprises that are engaged in the
business of production of food and fiber, ranching and raising of
livestock, aquaculture, and all other farming and agricultural related
industries.

Ex Output:
Review EPA's Language on Agriculture and Thoroughly Engage with the Farm Act of 2013 or the RELATE with the Farm Act of 2013 - Directs the Secretary of Agriculture (USDA) to review publications that may give notice that the Environmental Protection Agency (EPA) is preparing or plans to prepare any guidance, policy, memorandum, regulation, or statement of general applicability and future effect that may have a significant impact on a substantial number of agricultural entities. Requires the Secretary, for each publication item determined to have a possible significant impact, to: (1) solicit from the EPA Administrator information to facilitate a review of the item, (2) produce an economic impact statement, (3) identify representatives of potentially affected agricultural entities to obtain advice and recommendations about the potential impacts of the item, and (4) convene a review panel that includes the Secretary to analyze the publication item. Provides procedures for submission by the Secretary of comments to the Administrator for inclusion in the administrative record and for waiver of a panel's initiation.

Ex Input:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Federal Deposit Insurance
Corporation Regulatory Flexibility Act of 1995''.

SEC. 2. ADMINISTRATION OF FICO ASSESSMENTS BY FDIC.

Section 21(f)(2) of the Federal Home Loan Bank Act (12 U.S.C.
1441(f)(2)) is amended by striking ''the Financing Corporation, with
the approval of the Board of Directors of the Federal Deposit Insurance
Corporation'' and inserting ''the Board of Directors of the Federal
Deposit Insurance Corporation, after consultation with the Financing
Corporation,''.

SEC. 3. AVAILABILITY OF RTC FUNDS FOR DEPOSIT INSURANCE PURPOSES.

Section 11(a) of the Federal Deposit Insurance Act (12 U.S.C.
1821(a)) is amended--
(1) by adding at the end the following new paragraph:
''(9) Availability of rtc funding.--
''(A) In general.--The Secretary of the Treasury
shall provide, out of funds appropriated to the
Resolution Trust Corporation under section 21A(i)(3) of
the Federal Home Loan Bank Act and not needed by the
Resolution Trust Corporation, to the Corporation, at
the request of the Board of Directors, such amounts as
the Board of Directors requests for any of the
following purposes:
''(i) To cover the interest payments,
issuance costs, and custodial fees on
obligations issued by the Financing
Corporation.
''(ii) To make deposits in the Savings
Association Insurance Fund of such amounts as
may be needed to carry out the purposes of this
Act.
''(iii) To satisfy claims against the
Federal Government arising from changes in the
statutory treatment of supervisory goodwill (on
the books of the Corporation as of the date of
the enactment of Financial Institutions Reform,
Recovery, and Enforcement Act of 1989) pursuant
to section 5(t) of the Home Owners' Loan Act.
''(B) Return to treasury.--If the aggregate amount
of funds transferred to the Corporation under
subparagraph (A) exceeds the amount necessary to carry
out the purposes of such subparagraph, such excess
amounts shall be deposited in the general fund of the
Treasury.''.

SEC. 4. LIMITED FDIC AUTHORITY TO TEMPORARILY TRANSFER FUNDS BETWEEN
THE BIF AND SAIF.

Section 11(a)(4) of the Federal Deposit Insurance Act (12 U.S.C.
1821(a)) is amended by adding at the end the following new
subparagraph:
''(C) Transfer of funds.--Notwithstanding
subparagraph (A), the Corporation may transfer, for
such period of time and under such conditions as the
Corporation determines to be appropriate, an amount not
to exceed the amount equal to .03 percent of the
assessment base of any deposit insurance fund from such
fund to another deposit insurance fund to the extent
necessary to achieve or maintain the designated reserve
ratio of the fund to which such assets are
transferred.''.

SEC. 5. 1-TIME SPECIAL SAIF CAPITALIZATION ASSESSMENT.

Section 7(b) of the Federal Deposit Insurance Act (12 U.S.C.
1817(b)) is amended by adding at the end the following new paragraph:
''(8) Special 1-time assessment to recapitalize saif.--
''(A) In general.--The Corporation may, in the
discretion of the Board of Directors, impose a special
assessment on each Savings Association Insurance Fund
member in an amount not greater than 0.40 percent of
the assessment base, as of January 1, 1995, on which
assessments are imposed under the risk-based assessment
system established pursuant to paragraph (1).
''(B) Deposit of assessment in saif.--The proceeds
of any assessment imposed under subparagraph (A) shall
be deposited in the Savings Association Insurance Fund.
''(C) Imposition over period of years.--The
assessment authorized under subparagraph (A) may be
imposed incrementally over such period of years as the
Board of Directors may determine to be appropriate,
except the larger percentage of any such incremental
assessment shall be allocated to the first year of the
effective period for such assessment.
''(D) Abatement for troubled institutions.--The
Board of Directors may abate any portion of any
assessment under this paragraph in the case of any
undercapitalized institution or any institution which
would become undercapitalized as a result of the
imposition of such assessment.''.

SEC. 6. ESTABLISHMENT OF DESIGNATED RESERVE RATIO AS A FLOOR RATHER
THAN A TARGET.

(a) Section 7(b)(2)(A)(iv) of the Federal Deposit Insurance Act (12
U.S.C. 1817(b)(2)(A)(iv)) is amended to read as follows:
''(iv) Establishment of designated reserve
ratio.--The Board of Directors shall establish
the designated reserve ratio for each insurance
fund in accordance with the following:
''(I) The designated reserve ratio
of any insurance fund shall be not less
than 1.25 percent of the estimated
insured deposits of members of such
fund.
''(II) The ratio of any insurance
fund shall be established at an amount
which the Board of Directors determines
will provide for an appropriate amount
of reserves against losses which may
reasonably be expected to be incurred
by the fund without resulting in an
excessive buildup in the fund.''.
(b) Reduction in Assessment Rate if Designated Reserve Ratio Is
Met.--Section 7(b)(2)(A) of the Federal Deposit Insurance Act (12
U.S.C. 1817(b)(2)(A)) is amended by adding at the end the following new
clause:
''(v) Clarification of authority to reduce
assessments amounts.--The authority of the
Board of Directors to set semiannual
assessments to maintain the reserve ratio of
any insurance fund at the designated reserve
ratio includes the authority to reduce such
assessments by any appropriate amount if the
reserve ratio of such fund is equal to or
greater than the minimum designated reserve
ratio of such fund.''.

SEC. 7. CLARIFICATION ON USE OF INSURANCE FUND ASSESSMENTS.

Section 7(b) of the Federal Deposit Insurance Act (12 U.S.C.
1817(b)) is amended by adding at the end the following new paragraph:
''(8) Use of insurance assessments.--Amounts received by
the Corporation pursuant to assessments on insured depository
institution under this subsection shall be used primarily for
insurance fund purposes and shall not be unduly diverted to
other uses.''.

SEC. 8. CLARIFICATION THAT CERTAIN INSTITUTIONS INSURED BY THE SAIF ARE
SUBJECT TO FICO ASSESSMENTS.

Section 21(f)(2) of the Federal Home Loan Bank Act (12 U.S.C.
1441(f)(2)) is amended by inserting after ''Savings Association
Insurance Fund member'' the following: '', including any Savings
Association Insurance Fund member referred to in section 5(d)(2)(G) of
the Federal Deposit Insurance Act and, in the case of any Bank
Insurance Fund member which has deposits which are treated (under
section 5(d)(3) of such Act) as deposits which are insured by the
Savings Association Insurance Fund, the adjusted attributable deposit
amount with respect to such member as determined under subparagraph (C)
of section 5(e)(3) of such Act for purposes of subparagraph (B)(i) of
such section,''.

SEC. 9. REPEAL OF MINIMUM SAIF ASSESSMENT RULE.

Section 7(b)(2) of the Federal Deposit Insurance Act (12 U.S.C.
1817(b)(2)) is amended by striking subparagraph (E).

Ex Output:
Federal Deposit Insurance Corporation Regulatory Flexibility Act of 1995 - Amends the Federal Home Loan Bank Act (FHLBA) to require the Board of Directors of the Federal Deposit Insurance Corporation (FDIC), after consultation with the Financing Corporation (FICO), (currently, FICO, with FDIC Board approval) to place a prescribed assessment against each Savings Association Insurance Fund (SAIF) member in order to cover interest payments, issuance costs, and custodial fees of certain FICO obligations.
Amends the Federal Deposit Insurance Act (FDIA) to direct the Secretary of the Treasury to provide to the FDIC, upon its request, certain funds not needed by the Resolution Trust Corporation (RTC), in order to cover the same FICO costs.
Authorizes the FDIC to transfer, for an appropriate period of time, up to a certain percentage of a fund's assessment base between the Bank Insurance Fund (BIF) and the SAIF as necessary to achieve or maintain the designated reserve ratio of the transferee fund.
Amends the FDIA to authorize the FDIC to impose a one-time special SAIF capitalization assessment.
Reformulates the designated reserve ratio for each deposit insurance fund to establish a minimum instead of a target amount. Empowers the FDIC Board of Directors to reduce semiannual assessments if an insurance fund's reserve ratio is equal to or greater than its minimum designated reserve ratio.
Mandates that insurance assessments be used primarily for insurance fund purposes and not be unduly diverted to other uses.
Amends the FHLBA to include within FICO assessment authority specified SAIF members as well as BIF members whose deposits are treated as insured by the SAIF.
Amends the FDIA to repeal the minimum assessment requirements for any insured deposit insurance fund (including the SAIF).