3.0.0 3111 2022-10-28T01:46:13Z 2022-10-28T01:46:13Z Senate S 2019-12-19 116 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2019-12-19T16:41:46Z 2019-12-19 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2019-12-19 Introduced in Senate IntroReferral 10000 9 Library of Congress P000612 Sen. Perdue, David [R-GA] David Perdue R GA Alfred N J000300 Sen. Jones, Doug [D-AL] Doug Jones D AL 2019-12-19 True M000934 Sen. Moran, Jerry [R-KS] Jerry Moran R KS 2019-12-19 True S001197 Sen. Sasse, Ben [R-NE] Ben Sasse R NE 2020-03-02 False C001095 Sen. Cotton, Tom [R-AR] Tom Cotton R AR 2020-03-09 False Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Finance and Financial Sector 00 2019-12-19 Introduced in Senate 2020-05-08T14:49:19Z Brokered Deposit Affiliate-Subsidiary Modernization Act of 2019

This bill excludes affiliates and subsidiaries of an insured depository institution from certain limitations applicable to brokered deposits. It also expands the definition of an employee of an insured depository institution, thereby exempting these individuals from treatment as a deposit broker.

]]> Brokered Deposit Affiliate-Subsidiary Modernization Act of 2019 Display Title Brokered Deposit Affiliate-Subsidiary Modernization Act of 2019 Short Title(s) as Introduced Brokered Deposit Affiliate-Subsidiary Modernization Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to amend the Federal Deposit Insurance Act to exclude affiliates and subsidiaries of insured depository institutions from the definition of deposit broker, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-12-19T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3111is/xml/BILLS-116s3111is.xml 2019-12-19 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.