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HR 907 116th Congress House

To clarify exclusions from the definition of a deposit broker.

Introduced: January 30, 2019 Introduced by: LaHood, Darin Republican · Illinois See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalBanking and financial institutions regulationInsurance industry and regulation
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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
Jan 30, 2019
Referred to the House Committee on Financial Services.
Jan 30, 2019
Introduced in House
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 Latest action January 30, 2019

Referred to the House Committee on Financial Services.

 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.

 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. 907: To clarify exclusions from the definition of a deposit broker.. 116th Congress. Open America. https://openamerica.io/bill/116-HR-907/
MLA
"H.R. 907: To clarify exclusions from the definition of a deposit broker.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-907/.
Bluebook (legal)
H.R. 907, 116th Cong. (2026), https://openamerica.io/bill/116-HR-907/.
Markdown link
[H.R. 907: To clarify exclusions from the definition of a deposit broker.](https://openamerica.io/bill/116-HR-907/)
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