Consumer Transaction Account Protection Act of 2017

Summary

Consumer Transaction Account Protection Act of 2017 This bill amends the Federal Deposit Insurance Act to specify 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.

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

Timeline

1. 6 June 2017

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 6 June 2017

   Introduced

   Introduced in House

   Source: IntroReferral

3. 6 June 2017

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 6 June 2017 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 June 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 6 June 2017

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 6 June 2017

  Open at official source

Sponsors

• Rep. Williams, Roger [R-TX-25] · R · Sponsor
• Gwen Moore · D · Sponsor
• WM. CLAY · D · Cosponsor
• · hsba00 · Standing

Related records

• related to → Consumer Transaction Account Protection Act of 2019