H.R. 2793 · 115th Congress
Consumer Transaction Account Protection Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
WilliamsSponsor
This bill amends the Federal Deposit Insurance Act to specify that consumer transaction account deposits of an insured depository institution shall not be considered to be funds obtained through a deposit broker.
What it does: CRS summary · Introduced in House · Jun 6, 2017
Consumer Transaction Account Protection Act of 2017
This bill amends the Federal Deposit Insurance Act to specify 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Consumer Transaction Account Protection Act of 2017
Latest action (Jun 6, 2017): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 6, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.