US HB5460 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 17 2019 - 25% progression, died in committee
Action: 2019-12-17 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 17 2019 - 25% progression, died in committee
Action: 2019-12-17 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Directs the Federal Reserve Board to increase (1) the number of transfers and withdrawals permitted for savings deposit accounts, and (2) the withdrawal threshold for transaction accounts.
Title
To direct the Board of Governors of the Federal Reserve System to revise the transfers and withdrawals limit with respect to savings deposits and transaction accounts, and for other purposes.
Sponsors
Rep. Scott Perry [R-PA] |
History
Date | Chamber | Action |
---|---|---|
2019-12-17 | House | Referred to the House Committee on Financial Services. |
2019-12-17 | House | Introduced in House |
Subjects
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Federal Reserve System
Finance and financial sector
Bank accounts, deposits, capital
Federal Reserve System
Finance and financial sector
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/5460/all-info |
Text | https://www.congress.gov/116/bills/hr5460/BILLS-116hr5460ih.pdf |