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Consumer Transaction Account Protection Act of 2019

USA116th CongressHR-4501| House 
| Updated: 9/26/2019
Roger Williams

Roger Williams

Republican Representative

Texas

Cosponsors (1)
Gwen Moore (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Sep 26, 2019
Introduced in House
Sep 26, 2019
Referred to the House Committee on Financial Services.
Dec 19, 2019

Latest Companion Bill Action

S 116-3108
Introduced in Senate
  • September 26, 2019
    Introduced in House


  • September 26, 2019
    Referred to the House Committee on Financial Services.


  • December 19, 2019

    Latest Companion Bill Action

    S 116-3108
    Introduced in Senate

Finance and Financial Sector

Related Bills

  • S 116-3108: Consumer Transaction Account Protection Act of 2019
Bank accounts, deposits, capitalBanking and financial institutions regulation

Consumer Transaction Account Protection Act of 2019

USA116th CongressHR-4501| House 
| Updated: 9/26/2019
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 26, 2019
Introduced in House
Sep 26, 2019
Referred to the House Committee on Financial Services.
Dec 19, 2019

Latest Companion Bill Action

S 116-3108
Introduced in Senate
  • September 26, 2019
    Introduced in House


  • September 26, 2019
    Referred to the House Committee on Financial Services.


  • December 19, 2019

    Latest Companion Bill Action

    S 116-3108
    Introduced in Senate
Roger Williams

Roger Williams

Republican Representative

Texas

Cosponsors (1)
Gwen Moore (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 116-3108: Consumer Transaction Account Protection Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bank accounts, deposits, capitalBanking and financial institutions regulation