3.0.0 4384 2022-11-01T13:49:57Z 2022-11-01T13:49:57Z House HR 2019-09-18 116 [Congressional Record Volume 165, Number 150 (Wednesday, September 18, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CRIST:H.R. 4384.Congress has the power to enact this legislation pursuantto the following:The constitutional authority of Congress to enact thislegislation is provided by Article I, Section 8 of the UnitedStates Constitution.[Page H7774]]]> hsba00 Financial Services Committee House Standing Referred to 2019-09-18T14:03:10Z 2019-09-18 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2019-09-18 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-09-18 Introduced in House IntroReferral 1000 9 Library of Congress C001111 Rep. Crist, Charlie [D-FL-13] Charlie Crist D FL 13 N H001072 Rep. Hill, J. French [R-AR-2] J. Hill R AR French 2 2019-09-18 True Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Interest, dividends, interest rates Finance and Financial Sector 00 2019-09-18 Introduced in House 2020-11-23T20:40:36Z

Community Bank Deposit Access Act of 2019

This bill specifies that certain custodial deposits shall not be considered to be brokered deposits, which are subject to additional regulatory requirements, including those related to liquidity. The bill generally defines a custodial deposit as a deposit made by a certain entity serving as an agent, trustee, or custodian at an insured depository institution for the purpose of providing deposit insurance for the benefit of a third party.

]]> Community Bank Deposit Access Act of 2019 Display Title Community Bank Deposit Access Act of 2019 Official Title as Introduced To amend the Federal Deposit Insurance Act to ensure that certain custodial deposits of a well capitalized insured depository institution are not considered to be funds obtained by or through a deposit broker, and for other purposes. Introduced in House IH Short Title(s) as Introduced Community Bank Deposit Access Act of 2019 Introduced in House IH Introduced in House 2019-09-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr4384ih/xml/BILLS-116hr4384ih.xml 2019-09-18 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.