H.R. 2056 · 112th Congress · 2011–2012
To instruct the Inspector General of the Federal Deposit Insurance Corporation to study the impact of insured depository institution failures, and for other purposes.
H.R. 2056 in the 112th Congress (2011–2012) became law — introduced on May 31, 2011, sponsored by Lynn A. Westmoreland with 13 co-sponsors.
During the 112th Congress (2011–2012), Barack Obama was president, and Republicans held the House majority and Democrats the Senate majority.
- Status
- Became law
- Introduced
- May 31, 2011
- Co-sponsors
- 13
- Policy area
- Finance and Financial Sector
- Public law
- Public Law 112-88
What it does
(Sec. 1) Directs the Inspector General (IG) of the Federal Deposit Insurance Corporation (FDIC) to study the impact of the failure of insured depository institutions. Prescribes study details, including: (1) the impact of loss-sharing agreements (LSAs) upon the insured depository institutions that survive and the borrowers of those insured depository institutions that fail; (2) FDIC policies and procedures for monitoring LSAs,…
Summary by the nonpartisan Congressional Research Service.
Sponsor
Lynn A. Westmoreland (R-GA). Co-sponsors: 4 Democrats, 9 Republicans.
Where it stands
- IntroducedMay 31, 2011
- Passed the HouseJul 28, 2011
- Passed the SenateNov 17, 2011
- Sent to the PresidentDec 23, 2011
- Became lawJan 3, 2012
Latest action: Became Public Law No: 112-88. (Jan 3, 2012)
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Committees
- Banking, Housing, and Urban Affairs Committee
- Financial Services Committee
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 2056 (112th Congress): To instruct the Inspector General of the…,” https://www.capitolreceipts.com/bill/112-hr-2056/to-instruct-the-inspector-general-of-the-federal-deposit (accessed 2026-10-18).