# H.R. 3234 (119th): This bill increases the amount insured depository institutions may accept as reciprocal deposits

This bill increases the amount insured depository institutions may accept as reciprocal deposits. (Reciprocal deposits are used by institutions to increase the availability of deposit insurance by splitting large deposits using a reciprocal network of institutions.) The bill creates a tiered system so that the allowable amount is based on the institution's total liabilities. Additionally, the bill changes certain qualifications insured depository institutions may be required to have to accept reciprocal deposits. Under current law, institutions may qualify by having a composite rating of outstanding or good, among other requirements. The bill allows institutions with a 1, 2, or 3 rating under the CAMELS scale to qualify. (The Uniform Financial Institutions Rating System uses the characteristics of capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk (i.e., CAMELS ratings) to rate the health of financial institutions, with a 1 indicating the highest rating and least degree of supervisory concern and a 5 indicating the lowest rating and highest degree of supervisory concern.)

## How this bill is scored

Tier: no Tier 1 record. A bill with no record cannot newly become Tier 1.
Lane: banking. Category: not stored. Lane tag: not stored.
Lane: financial_regulation. Category: not stored. Lane tag: not stored.
Tier 1 sign-off: no record. A bill with no record cannot newly become Tier 1.
Stored polarity: mixed. Only tags the rules mark scoreable on a mixed bill are scored. A yea can draw a penalty or a credit according to the tag. A nay on a tag scored as good can draw a penalty.
Roll 177: On Motion to Suspend the Rules and Pass, as Amended. Vote type: final_passage.
Polarity rationale: Reviewed enrichment (llm_import) polarity: The measure is a generic banking regulation dispute. It may serve ordinary prudential goods such as deposit access and liquidity for smaller institutions, while raising legitimate concerns about looser supervisory qualifications and expanded insured-deposit exposure. Neither a direct restraint of evil nor a direct advancement of moral harm is evident from the metadata.
Theological note: Issue relevance is limited. This is a technical banking-regulation measure about deposit insurance access and institutional eligibility. It bears on general equity in financial stability and prudent stewardship of depositors' funds, but it does not directly advance or restrain a named moral harm.

## Recorded votes

Roll 177: On Motion to Suspend the Rules and Pass, as Amended. Yea 405 · Nay 0 · Other 25.

HTML: https://justmeasure.org/bill/hr-3234-119/