Banker and their corporate customers were relieved when a proposal that would assess a payment-system tax did not make it into the 1991 Federal Deposit Insurance Corp. Improvement Act. But they say they haven't heard the last of the measure.
The tax would be aimed at helping Washington bankroll the massive thrift industry bailout. Bankers and lobbyists are gearing up for a fight in the spring, when Resolution Trust Corp. refunding measures go before Congress.