Fair Access to Banking Act

Summary

Fair Access to Banking Act This bill places restrictions on certain banks, credit unions, and payment card networks if they refuse to do business with a person who complies with the law. Restrictions include prohibiting the use of electronic funds transfer systems and lending programs, termination of an institution's depository insurance, and specified civil penalties. Banks and other specified financial institutions are allowed to deny financial services to a person only if the denial is justified by a documented failure of that person to meet quantitative, impartial, risk-based standards established in advance by the institution. This justification may not be based upon reputational risks to the institution. Banks may also deny services to a person who engaged in rude or harassing conduct toward an employee of the bank. The bill establishes the right for a person to bring a civil action for a violation of this bill.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 April 2023

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 20 April 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 April 2023

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 April 2023 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 April 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 April 2023

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 20 April 2023

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Barr, Andy [R-KY-6] · R · Sponsor
• Rep. Posey, Bill [R-FL-8] · R · Sponsor
• Rep. Sessions, Pete [R-TX-17] · R · Sponsor
• Rep. Meuser, Daniel [R-PA-9] · R · Sponsor
• Rep. Nunn, Zachary [R-IA-3] · R · Sponsor
• Rep. Ogles, Andrew [R-TN-5] · R · Sponsor
• Rep. DesJarlais, Scott [R-TN-4] · R · Sponsor
• Rep. Bergman, Jack [R-MI-1] · R · Sponsor
• Rep. Bishop, Dan [R-NC-8] · R · Sponsor
• Rep. Bacon, Don [R-NE-2] · R · Sponsor
• Rep. Amodei, Mark E. [R-NV-2] · R · Sponsor
• Rep. Huizenga, Bill [R-MI-4] · R · Sponsor
• Rep. Carter, Earl L. "Buddy" [R-GA-1] · R · Sponsor
• Rep. Wittman, Robert J. [R-VA-1] · R · Sponsor
• Rep. Moolenaar, John R. [R-MI-2] · R · Sponsor
• Rep. Timmons, William R. [R-SC-4] · R · Sponsor
• Rep. Hudson, Richard [R-NC-8] · R · Sponsor
• Rep. Fallon, Pat [R-TX-4] · R · Sponsor
• Rep. Fitzgerald, Scott [R-WI-5] · R · Sponsor
• Rep. Mooney, Alexander X. [R-WV-2] · R · Sponsor
• Rep. Gosar, Paul A. [R-AZ-9] · R · Sponsor
• Rep. Williams, Roger [R-TX-25] · R · Sponsor
• Rep. Stefanik, Elise M. [R-NY-21] · R · Sponsor
• Rep. Cammack, Kat [R-FL-3] · R · Sponsor
• Rep. Issa, Darrell [R-CA-48] · R · Sponsor
• Rep. Reschenthaler, Guy [R-PA-14] · R · Sponsor
• Rep. Lesko, Debbie [R-AZ-8] · R · Sponsor
• Rep. Rose, John W. [R-TN-6] · R · Sponsor
• Rep. Emmer, Tom [R-MN-6] · R · Sponsor
• Rep. Babin, Brian [R-TX-36] · R · Sponsor
• Rep. Clyde, Andrew S. [R-GA-9] · R · Sponsor
• Rep. Wilson, Joe [R-SC-2] · R · Sponsor
• Rep. Walberg, Tim [R-MI-5] · R · Sponsor
• Rep. Zinke, Ryan K. [R-MT-1] · R · Sponsor
• Rep. Burlison, Eric [R-MO-7] · R · Sponsor
• Rep. Allen, Rick W. [R-GA-12] · R · Sponsor
• Rep. Van Duyne, Beth [R-TX-24] · R · Sponsor
• Rep. Gimenez, Carlos A. [R-FL-28] · R · Sponsor
• Rep. Lamborn, Doug [R-CO-5] · R · Sponsor
• Rep. LaMalfa, Doug [R-CA-1] · R · Sponsor
• Rep. Norman, Ralph [R-SC-5] · R · Sponsor
• Rep. Dunn, Neal P. [R-FL-2] · R · Sponsor
• Rep. Donalds, Byron [R-FL-19] · R · Cosponsor
• Rep. Rouzer, David [R-NC-7] · R · Cosponsor
• Rep. Bost, Mike [R-IL-12] · R · Cosponsor
• Rep. Bean, Aaron [R-FL-4] · R · Cosponsor
• Rep. Foxx, Virginia [R-NC-5] · R · Cosponsor
• Rep. Edwards, Chuck [R-NC-11] · R · Cosponsor

Showing 48 of 128 sponsors and actors.

Related records

• related to → Fair Access to Banking Act