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HR 3243 118th Congress House Finance and Financial Sector

Small Business Stability Act

Introduced: January 18, 2024 See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
May 11, 2023
Referred to the House Committee on Financial Services.
May 11, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Small Business Stability Act

This bill allows the Federal Deposit Insurance Corporation (FDIC) to guarantee an insured depository institution's uninsured deposits in noninterest-bearing transaction accounts for a single period not to exceed 60 days without complying with requirements to minimize cost to the Deposit Insurance Fund. This authority requires (1) written recommendations from the FDIC board and the Board of Governors of the Federal Reserve System, and (2) a determination from the Department of the Treasury that this step would avoid or mitigate adverse effects on the stability of the banking system.

What's happening now May 11, 2023

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Meuser, Daniel
Pennsylvania · Jan 18, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3243: Small Business Stability Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-3243/
MLA
"H.R. 3243: Small Business Stability Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-3243/.
Bluebook (legal)
H.R. 3243, 118th Cong. (2026), https://openamerica.io/bill/118-HR-3243/.
Markdown link
[H.R. 3243: Small Business Stability Act](https://openamerica.io/bill/118-HR-3243/)
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