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    <number>6398</number>
    <updateDate>2023-03-22T18:07:24Z</updateDate>
    <updateDateIncludingText>2023-03-22T18:07:24Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2010-11-15</introducedDate>
    <congress>111</congress>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2010-11-15T19:01:20Z</date>
          </item>
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      </item>
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      <item>
        <title>A bill to require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts.</title>
        <congress>111</congress>
        <number>4052</number>
        <type>S</type>
        <latestAction>
          <actionDate>2010-12-22</actionDate>
          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
        </latestAction>
        <relationshipDetails>
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            <type>Identical bill</type>
            <identifiedBy>CRS</identifiedBy>
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    <actions>
      <item>
        <actionDate>2010-12-29</actionDate>
        <text>Became Public Law No: 111-343.</text>
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          <name>House floor actions</name>
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        <text>Became Public Law No: 111-343.</text>
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        <actionCode>36000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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        <actionDate>2010-12-29</actionDate>
        <text>Signed by President.</text>
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          <code>2</code>
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      <item>
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        <text>Signed by President.</text>
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        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      <item>
        <actionDate>2010-12-23</actionDate>
        <text>Presented to President.</text>
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          <code>2</code>
          <name>House floor actions</name>
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      <item>
        <actionDate>2010-12-23</actionDate>
        <text>Presented to President.</text>
        <type>President</type>
        <actionCode>28000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2010-12-22</actionDate>
        <text>Cleared for White House.</text>
      </item>
      <item>
        <actionDate>2010-12-22</actionDate>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Message on Senate action sent to the House.</text>
        <type>Floor</type>
      </item>
      <item>
        <actionDate>2010-12-22</actionDate>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Passed Senate without amendment by Unanimous Consent. (consideration: CR S10964)</text>
        <type>Floor</type>
      </item>
      <item>
        <actionDate>2010-12-22</actionDate>
        <text>Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S10964)</text>
        <type>Floor</type>
        <actionCode>17000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2010-12-01</actionDate>
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          <name>Senate</name>
        </sourceSystem>
        <text>Received in the Senate, read twice.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2010-11-30</actionDate>
        <actionTime>19:37:57</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
        <type>Floor</type>
        <actionCode>H38310</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2010-11-30</actionDate>
        <actionTime>19:37:53</actionTime>
        <text>On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7727)</text>
        <type>Floor</type>
        <actionCode>H37300</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
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      <item>
        <actionDate>2010-11-30</actionDate>
        <actionTime>19:37:53</actionTime>
        <text>Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7727)</text>
        <type>Floor</type>
        <actionCode>8000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2010-11-30</actionDate>
        <actionTime>19:27:50</actionTime>
        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 6398.</text>
        <type>Floor</type>
        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2010-11-30</actionDate>
        <actionTime>19:27:35</actionTime>
        <text>Considered under suspension of the rules. (consideration: CR H7727-7728)</text>
        <type>Floor</type>
        <actionCode>H30000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2010-11-30</actionDate>
        <actionTime>19:27:27</actionTime>
        <text>Mr. Doggett moved to suspend the rules and pass the bill, as amended.</text>
        <type>Floor</type>
        <actionCode>H30300</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2010-11-15</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <actionDate>2010-11-15</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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      </item>
      <item>
        <actionDate>2010-11-15</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>D000399</bioguideId>
        <fullName>Rep. Doggett, Lloyd [D-TX-25]</fullName>
        <firstName>LLOYD</firstName>
        <lastName>DOGGETT</lastName>
        <party>D</party>
        <state>TX</state>
        <district>25</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>G000535</bioguideId>
        <fullName>Rep. Gutierrez, Luis V. [D-IL-4]</fullName>
        <firstName>LUIS</firstName>
        <lastName>GUTIERREZ</lastName>
        <party>D</party>
        <state>IL</state>
        <middleName>V.</middleName>
        <district>4</district>
        <sponsorshipDate>2010-11-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001168</bioguideId>
        <fullName>Rep. Sarbanes, John P. [D-MD-3]</fullName>
        <firstName>John</firstName>
        <lastName>Sarbanes</lastName>
        <party>D</party>
        <state>MD</state>
        <middleName>P.</middleName>
        <district>3</district>
        <sponsorshipDate>2010-11-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2010-11-30T06:00:00Z</pubDate>
        <title>H.R. 6398, A bill to require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts</title>
        <url>http://www.cbo.gov/publication/21945</url>
        <description>&lt;p&gt;Pay-as-you-go estimate for the bill, as amended on November 30, 2010&lt;/p&gt;</description>
      </item>
      <item>
        <pubDate>2010-11-30T06:00:00Z</pubDate>
        <title>H.R. 6398, A bill to require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts</title>
        <url>https://www.cbo.gov/publication/21945</url>
        <description>Pay-as-you-go estimate for the bill, as amended on November 30, 2010</description>
      </item>
    </cboCostEstimates>
    <laws>
      <item>
        <type>Public Law</type>
        <number>111-343</number>
      </item>
    </laws>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Interest, dividends, interest rates</name>
        </item>
        <item>
          <name>Lawyers and legal services</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2010-11-15</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2010-11-30T16:02:37Z</updateDate>
        <text><![CDATA[ <p>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.<br> </p>]]></text>
      </summary>
      <summary>
        <versionCode>36</versionCode>
        <actionDate>2010-11-30</actionDate>
        <actionDesc>Passed House amended</actionDesc>
        <updateDate>2010-12-14T20:51:33Z</updateDate>
        <text><![CDATA[ <p>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.</p>]]></text>
      </summary>
      <summary>
        <versionCode>82</versionCode>
        <actionDate>2010-12-22</actionDate>
        <actionDesc>Passed Senate without amendment</actionDesc>
        <updateDate>2011-01-04T19:54:22Z</updateDate>
        <text><![CDATA[ <p><b>(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.)</b></p> <p>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.</p>]]></text>
      </summary>
      <summary>
        <versionCode>49</versionCode>
        <actionDate>2010-12-29</actionDate>
        <actionDesc>Public Law</actionDesc>
        <updateDate>2011-01-04T19:56:34Z</updateDate>
        <text><![CDATA[ <p><b>(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.)</b></p> <p>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.</p>]]></text>
      </summary>
    </summaries>
    <title>To require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>To require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
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    </titles>
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      <item>
        <type>Enrolled Bill</type>
        <date/>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-111hr6398enr/xml/BILLS-111hr6398enr.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Received in Senate</type>
        <date>2010-12-01T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-111hr6398rds/xml/BILLS-111hr6398rds.xml</url>
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        </formats>
      </item>
      <item>
        <type>Engrossed in House</type>
        <date>2010-11-30T05:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-111hr6398eh/xml/BILLS-111hr6398eh.xml</url>
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      </item>
      <item>
        <type>Introduced in House</type>
        <date>2010-11-15T05:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-111hr6398ih/xml/BILLS-111hr6398ih.xml</url>
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      </item>
      <item>
        <date>2010-12-30T04:59:59Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/PLAW-111publ343/xml/PLAW-111publ343.xml</url>
          </item>
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        <type>Public Law</type>
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    </textVersions>
    <latestAction>
      <actionDate>2010-12-29</actionDate>
      <text>Became Public Law No: 111-343.</text>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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