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H.R. 6576 116th Congress House

Stop Overdraft Profiteering during COVID–19 Emergency Act of 2020

Official title: To prohibit depository institutions from assessing overdraft and nonsufficient fund fees during the novel coronavirus crisis and other disasters, and for other purposes.

Introduced: June 8, 2020 See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalBanking and financial institutions regulationConsumer creditDisaster relief and insurance
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Apr 21, 2020
Referred to the House Committee on Financial Services.
Apr 21, 2020
Introduced in House
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 Latest action April 21, 2020

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Stop Overdraft Profiteering during COVID-19 Emergency Act of 2020

This bill suspends, during a major disaster or emergency declaration and for 120 days after the end of the incident period, certain penalties applicable to consumer transaction accounts. During such a period, depository institutions are prohibited from

  • charging checking-account penalties (i.e., non-sufficient fund fees and overdraft coverage fees), or 
  • reporting a consumer's overdraft use to a credit reporting agency.
 Related & companion bills 1
  • S 3566 Stop Overdraft Profiteering during COVID–19 Emergency Act of 2020
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 12
All 12 Democratic 10
D
Levin, Mike
California · Jun 25, 2020
RUSH, BOBBY
· Jun 25, 2020
 D
Scanlon, Mary Gay
Pennsylvania · Jun 25, 2020
 D
Velázquez, Nydia M.
New York · Jun 25, 2020
 D
Norton, Eleanor Holmes
District of Columbia · Jun 8, 2020
 D
Raskin, Jamie
Maryland · Jun 8, 2020
 D
Jayapal, Pramila
Washington · May 1, 2020
LANGEVIN, JAMES
· May 1, 2020
 D
McGovern, James P.
Massachusetts · May 1, 2020
 D
Schakowsky, Janice D.
Illinois · May 1, 2020
 D
Thompson, Bennie G.
Mississippi · May 1, 2020
 D
Watson Coleman, Bonnie
New Jersey · May 1, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6576: Stop Overdraft Profiteering during COVID–19 Emergency Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-6576/
MLA
"H.R. 6576: Stop Overdraft Profiteering during COVID–19 Emergency Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-6576/.
Bluebook (legal)
H.R. 6576, 116th Cong. (2026), https://openamerica.io/bill/116-HR-6576/.
Markdown link
[H.R. 6576: Stop Overdraft Profiteering during COVID–19 Emergency Act of 2020](https://openamerica.io/bill/116-HR-6576/)
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