WASHINGTON - Sen. Tim Johnson, D-S.D., has introduced a bill that would double deposit insurance coverage to $200,000 per account.

The "Meeting America's Investment Needs in Small Towns Act," S 128, introduced Jan. 23, would index coverage to 1980 when the limit on insured deposits rose from $40,000 to $100,000. Afterwards, deposit insurance would be indexed every three years to the consumer price index to keep up with inflation.

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