Bill116th CongressFiled Sep 26, 2019Finance and Financial Sector
H.R. 4501
Consumer Transaction Account Protection Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 26, 2019)
Consumer Transaction Account Protection Act of 2019
This bill specifies that consumer transaction account deposits of an insured depository institution shall not be considered to be funds obtained through a deposit broker. In general, current law prohibits an insured depository institution that is not well capitalized from accepting funds obtained through a deposit broker for deposit.
What just happenedSep 26, 2019
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Williams, Roger [R-TX-25](R-TX)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions1related bills2subjects
- Introduced in HouseSep 26, 2019
- Sep 26, 2019IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Sep 26, 2019IntroReferralIntro-H
Introduced in House
- Sep 26, 2019IntroReferral1000
Introduced in House