Bill116th CongressFiled Mar 11, 2020Finance and Financial Sector
S. 3441
Fair Hiring in Banking Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Mar 11, 2020)
Fair Hiring in Banking Act
This bill exempts certain individuals convicted of a crime from specified requirements related to employment by an insured depository institution. Specifically, written consent from the Federal Deposit Insurance Corporation is not required for an institution to hire an individual convicted of a criminal offense involving dishonesty, a breach of trust, or money laundering
- 7 years after the individual meets sentencing requirements;
- for an individual who committed the offense while under the age of 21, 30 months after the individual meets sentencing requirements; or
- if the conviction was pardoned, sealed, or expunged.
What just happenedMar 11, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Jones, Doug [D-AL](D-AL)Sponsor
4 cosponsors2 D2 R
4cosponsors1committees2actions
- Introduced in SenateMar 11, 2020
- Mar 11, 2020IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Mar 11, 2020IntroReferral10000
Introduced in Senate