H.R. 6398 · 111th Congress
To require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts.
Law · 111-343 · Dec 29, 2010Key: what the circles and colors mean
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Became law without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted.
2 cosponsors · 2 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Nov 15, 2010
- House Passed Nov 30, 2010
- Senate Passed Dec 22, 2010
- President To the President Dec 23, 2010
- President Signed Dec 29, 2010
- Law Dec 29, 2010
Amends the Federal Deposit Insurance Act, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to treat as a noninterest-bearing transaction account fully insurable by the Federal Deposit Insurance Corporation (FDIC) any Interest on Lawyers Trust Account (or functionally equivalent account) established by an attorney or law firm on…
What it does: CRS summary · Public Law · Dec 29, 2010
(This measure has not been amended since it was passed by the House on November 30, 2010. The summary of that version is repeated here.)
Amends the Federal Deposit Insurance Act, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to treat as a noninterest-bearing transaction account fully insurable by the Federal Deposit Insurance Corporation (FDIC) any Interest on Lawyers Trust Account (or functionally equivalent account) established by an attorney or law firm on behalf of a client.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts.
Latest action (Dec 29, 2010): Became Public Law No: 111-343.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Nov 15, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Nov 15, 2010
- House Passed Nov 30, 2010
- Senate Passed Dec 22, 2010
- President To the President Dec 23, 2010
- President Signed Dec 29, 2010
- Law Dec 29, 2010
No recorded floor vote found.