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HR 6866 115th Congress House Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Insurance industry and regulation

To clarify exclusions from the definition of a deposit broker.

Introduced: September 24, 2018 Introduced by: LaHood, Darin Republican · Illinois See on congress.gov
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2018
Referred to the House Committee on Financial Services.
Sep 24, 2018
Introduced in House
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 Plain-English summary Congressional Research Service

This bill excludes from the definition of "deposit broker" an entity that is an exclusive agent of an insurance company and an affiliated depository institution. Deposit brokers place, or facilitate the placement of, deposits in a depository institution. Generally, under current law, an insured depository institution that is not well capitalized may not accept funds obtained by or through any deposit broker for deposit. This bill excludes certain deposits from those restrictions.

What's happening now September 24, 2018

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 6866: To clarify exclusions from the definition of a deposit broker.. 115th Congress. Open America. https://openamerica.io/bill/115-HR-6866/
MLA
"H.R. 6866: To clarify exclusions from the definition of a deposit broker.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-6866/.
Bluebook (legal)
H.R. 6866, 115th Cong. (2026), https://openamerica.io/bill/115-HR-6866/.
Markdown link
[H.R. 6866: To clarify exclusions from the definition of a deposit broker.](https://openamerica.io/bill/115-HR-6866/)
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