HR 5460
116th Congress
House
Finance and Financial Sector
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Federal Reserve System
To direct the Board of Governors of the Federal Reserve System to revise the transfers and withdrawals limit with respect to savings deposits and transaction accounts, and for other purposes.
Introduced: December 17, 2019
Introduced by:
Perry, Scott
Republican
· Pennsylvania
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2019
Referred to the House Committee on Financial Services.
Dec 17, 2019
Introduced in House
Plain-English summary
This bill directs the Federal Reserve Board to increase (1) the number of transfers and withdrawals permitted for savings deposit accounts, and (2) the withdrawal threshold for transaction accounts.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1