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HR 2793 115th Congress House Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation

Consumer Transaction Account Protection Act of 2017

Introduced: June 6, 2017 Introduced by: Williams, Roger Republican · Texas See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 6, 2017
Referred to the House Committee on Financial Services.
Jun 6, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Consumer Transaction Account Protection Act of 2017

This bill amends the Federal Deposit Insurance Act to specify that consumer transaction account deposits of an insured depository institution shall not be considered to be funds obtained through a deposit broker. In general, current law prohibits an insured depository institution that is not well capitalized from accepting funds obtained through a deposit broker for deposit.

What's happening now June 6, 2017

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1