Bill116th CongressFiled Dec 19, 2019Finance and Financial Sector
S. 3111
Brokered Deposit Affiliate-Subsidiary Modernization Act of 2019
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Dec 19, 2019)
Brokered Deposit Affiliate-Subsidiary Modernization Act of 2019
This bill excludes affiliates and subsidiaries of an insured depository institution from certain limitations applicable to brokered deposits. It also expands the definition of an employee of an insured depository institution, thereby exempting these individuals from treatment as a deposit broker.
What just happenedDec 19, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Perdue, David [R-GA](R-GA)Sponsor
4 cosponsors1 D3 R
4cosponsors1committees2actions2subjects
- Introduced in SenateDec 19, 2019
- Dec 19, 2019IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Dec 19, 2019IntroReferral10000
Introduced in Senate