3.0.0 4501 2022-11-01T13:49:49Z 2022-11-01T13:49:49Z House HR 2019-09-26 116 [Congressional Record Volume 165, Number 156 (Thursday, September 26, 2019)][House][Pages H8054-H8055]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. WILLIAMS:H.R. 4501.[[Page H8055]]Congress has the power to enact this legislation pursuantto the following:Article 1, section 8, clause 18 of the United StatesConstitution.]]> hsba00 Financial Services Committee House Standing Referred to 2019-09-26T14:02:10Z Consumer Transaction Account Protection Act of 2019 116 3108 S 2019-12-19 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2019-09-26 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2019-09-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-09-26 Introduced in House IntroReferral 1000 9 Library of Congress W000816 Rep. Williams, Roger [R-TX-25] Roger Williams R TX 25 N M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2019-09-26 True Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Finance and Financial Sector 00 2019-09-26 Introduced in House 2019-10-16T13:53:28Z Consumer Transaction Account Protection Act of 2019

This bill specifies 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.

]]> Consumer Transaction Account Protection Act of 2019 Display Title Consumer Transaction Account Protection Act of 2019 Official Title as Introduced To amend the Federal Deposit Insurance Act to provide that the consumer transaction account deposits of an 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 Consumer Transaction Account Protection Act of 2019 Introduced in House IH Introduced in House 2019-09-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr4501ih/xml/BILLS-116hr4501ih.xml 2019-09-26 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.