# 119-hr-8088: Growing Deposit Insurance for the Future Act

119-hr-8088, Growing Deposit Insurance for the Future Act, is a 119th Congress bill sponsored by Rep. Meuser, Daniel [R-PA-9] (R-PA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-8088
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-8088
- Congress: 119
- Title: Growing Deposit Insurance for the Future Act
- Status: introduced
- Introduced: 2026-03-25
- Sponsor: Rep. Meuser, Daniel [R-PA-9] (R-PA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Would change how the federal deposit insurance inflation adjustment is calculated by setting a new baseline and trigger date.** It would move the base year to 2030, replace a fixed $100,000 baseline with the statute's standard maximum deposit insurance amount, and make the enactment date the trigger for inflation adjustments. - Depositors: Would change which funds are treated as insured by replacing the fixed $100,000 benchmark with the standard maximum deposit insurance amount described in statute before adjustments. This affects households and businesses with deposits near that threshold. - Banks and financial institutions: Would alter how uninsured deposit exposure is measured and planned for by shifting the base year to 2030 and changing the reference point for inflation indexing. - FDIC and regulators: Would base the start of the inflation-adjustment mechanism on the bill's date of enactment rather than the date set in the 2005 reform, changing the legal reference used for future calculations.

## Provisions PRIA read

- Changes to deposit insurance rules: mixed, medium. This bill would stop using a fixed $100,000 number for some FDIC insurance calculations. It would use the statute's standard maximum deposit insurance amount as the pre-adjustment baseline and would take effect upon enactment. The bill would also change the inflation-adjustment base year from 2010…

## Related bills

- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-137: TCJA Permanency Act
- 119-hr-3633: Digital Asset Market Clarity Act
- 119-hr-2570: Maximum Pressure Act
- 119-hr-6955: Main Street Capital Access Act

## Sources
- [119-hr-8088 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/8088)

## Related
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-3633: Digital Asset Market Clarity Act](https://policyrisk.com/legislation/119-hr-3633)
- [119-hr-2570: Maximum Pressure Act](https://policyrisk.com/legislation/119-hr-2570)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-8088 (as of 2026-04-21).