The Deposit Insurance Funds Act of 1996 (Funds Act) requires the FDIC to impose a special assessment on institutions holding deposits subject to assessment by the Savings Association Insurance Fund (SAIF). The Funds Act mandates that the special assessment increase the SAIF's net worth as of October 1, 1996 to 1.25 percent of SAIF-insured deposits. The Funds Act requires the FDIC to determine the amount of the special assessment based on the most recently calculated SAIF balance (August 31, 1996) and insured deposit data reported in the most recent quarterly reports of condition filed not later than 70 days before enactment (reports as of March 31, 1996, filed April 30, 1996). The special assessment will be collected on November 27, 1996. This assessment, which the FDIC estimates to be 65.7 basis points, is required to be applied against SAIF-assessable deposits which generally were held by institutions as of March 31, 1995. The final rule provides for certain discounts and exemptions related to the special assessment. In addition, the FDIC is establishing guidelines for identifying institutions classified as ``weak'', and therefore exempt from the special assessment. The final rule also adjusts the base for computing the regular semiannual assessments paid by certain institutions, in accordance with the Funds Act.