3.0.0 41 2019-11-15T20:55:18Z 2019-11-15T20:55:18Z House H HR 2007-01-04 110 hsba00 Financial Services Committee House Standing Referred to 2007-01-04T17:22:30Z 2007-01-04 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2007-01-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-01-04 Introduced in House IntroReferral 1000 9 Library of Congress V000081 Rep. Velazquez, Nydia M. [D-NY-12] NYDIA VELAZQUEZ D NY M. 12 N P000583 Rep. Paul, Ron [R-TX-14] RON PAUL R TX 14 2007-04-23 False M001159 Rep. McMorris Rodgers, Cathy [R-WA-5] Cathy McMorris Rodgers R WA 5 2007-04-23 False J000126 Rep. Johnson, Eddie Bernice [D-TX-30] EDDIE JOHNSON D TX BERNICE 30 2007-04-23 False C001063 Rep. Cuellar, Henry [D-TX-28] Henry Cuellar D TX 28 2007-04-23 False S000344 Rep. Sherman, Brad [D-CA-27] BRAD SHERMAN D CA 27 2008-01-15 False S001167 Rep. Sali, Bill [R-ID-1] Bill Sali R ID 1 2008-02-28 False F000450 Rep. Foxx, Virginia [R-NC-5] Virginia Foxx R NC 5 2008-07-15 False Finance and Financial Sector Automated teller machines Bank accounts Bank deposits Bank reserves Checks Commerce Congressional reporting requirements Credit cards Credit unions Deposit insurance Dividends Electronic commerce Electronic funds transfers Fees Financial institutions Financial services Government Operations and Politics Government paperwork Housing and Community Development Interest Internet Law Real estate business Savings and loan associations Science, Technology, Communications Surveys User charges Finance and Financial Sector 00 2007-01-04 Introduced in House 2008-09-10T15:41:11Z Business Checking Fairness Act of 2007 - Amends federal law to authorize interest-bearing or dividend-bearing transaction accounts for all businesses, permitting up to 24 transfers per month to another account of the owner in the same institution.

Amends the Federal Reserve Act, the Home Owners' Loan Act, and the Federal Deposit Insurance Act to repeal the prohibition against the payment of interest on demand deposits.

Amends the Federal Reserve Act to require the Board to survey biennially and report biennially to Congress on bank fees and certain services.

Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, to repeal certain reporting requirements.

Cites practices which shall not be treated as payment or receipt of interest if they relate to an escrow account maintained at a depository institution in connection with a real estate transaction.

]]> Business Checking Fairness Act of 2007 Short Titles as Introduced Business Checking Fairness Act of 2007 Display Title Business Checking Fairness Act of 2007 Official Title as Introduced To repeal the prohibition on the payment of interest on demand deposits, and for other purposes. Introduced in House 2007-01-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr41ih/xml/BILLS-110hr41ih.xml 2007-01-04 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.