S 583 118th Congress Senate Finance and Financial Sector

FDIC Act of 2023

Introduced: March 1, 2023 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 1, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Mar 1, 2023

Introduced in Senate

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Plain-English summary Congressional Research Service

Financial Defense for Industrial Contractors Act of 2023 or the FDIC Act of 2023

This bill requires the Federal Deposit Insurance Corporation to begin proceedings for terminating the insured status of large depository institutions that deny banking services to federal contractors that otherwise qualify for such services.

What's happening now March 1, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill text 1 version