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    <introducedDate>2023-07-20</introducedDate>
    <congress>118</congress>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred To</name>
            <date>2023-07-20T14:30:16Z</date>
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      <item>
        <title>Deposit Security Act</title>
        <congress>118</congress>
        <number>3012</number>
        <type>S</type>
        <latestAction>
          <actionDate>2023-10-04</actionDate>
          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionDate>2023-07-20</actionDate>
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        <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionDate>2023-07-20</actionDate>
        <text>Introduced in Senate</text>
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          <name>Library of Congress</name>
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    <sponsors>
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        <bioguideId>V000137</bioguideId>
        <fullName>Sen. Vance, J. D. [R-OH]</fullName>
        <firstName>J.</firstName>
        <lastName>Vance</lastName>
        <party>R</party>
        <state>OH</state>
        <middleName>D.</middleName>
        <isByRequest>N</isByRequest>
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      <name>Finance and Financial Sector</name>
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      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-08-24T15:45:24Z</updateDate>
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        <actionDate>2023-07-20</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2024-06-04T14:33:42Z</updateDate>
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          <text>&lt;p&gt;&lt;strong&gt;Payroll Account Guarantee Act of 2023&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This bill increases the amount of deposit insurance available to noninterest-bearing transaction accounts through the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA). Under current law, deposits are generally insured up to $250,000.&lt;/p&gt;&lt;p&gt;Specifically, noninterest-bearing transaction accounts at smaller FDIC-insured depository institutions (i.e., those with less than $225 billion in assets) and at all NCUA-insured credit unions must be fully insured against losses. In addition, no fees may be levied against an institution or credit union for insurance under this bill.&amp;nbsp; &amp;nbsp;&lt;/p&gt;&lt;!--tinycomments|2.1|data:application/json;base64,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--&gt;</text>
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    <title>Payroll Account Guarantee Act of 2023</title>
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        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Payroll Account Guarantee Act of 2023</title>
        <updateDate>2024-07-24T15:20:58Z</updateDate>
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        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Payroll Account Guarantee Act of 2023</title>
        <updateDate>2024-05-24T13:37:42Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to amend the Federal Deposit Insurance Act to provide for the insurance of transaction accounts, and for other purposes.</title>
        <updateDate>2023-08-09T11:28:51Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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    </titles>
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        <type>Introduced in Senate</type>
        <date>2023-07-20T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118s2403is/xml/BILLS-118s2403is.xml</url>
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    <latestAction>
      <actionDate>2023-07-20</actionDate>
      <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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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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