United States · Bill · HR
H.R. 859 (108th)
Business Checking Freedom Act of 2003
Introduced
13 February 2003
Last action
5 March 2003 · Referred
Status
Subcommittee Hearings Held.
Sponsors
Sen. Toomey, Patrick [R-PA], Rep. Kanjorski, Paul E. [D-PA-11], Rep. Biggert, Judy [R-IL-13], Rep. Gonzalez, Charles A. [D-TX-20], Rep. Shays, Christopher [R-CT-4], Rep. Hooley, Darlene [D-OR-5], Rep. Ney, Robert W. [R-OH-18], Rep. Frost, Martin [D-TX-24], Rep. Souder, Mark E. [R-IN-3], Rep. Paul, Ron [R-TX-14], Rep. King, Steve [R-IA-4], Rep. Johnson, Sam [R-TX-3], Sen. Isakson, Johnny [R-GA], Rep. Sherman, Brad [D-CA-32], Rep. Bereuter, Doug [R-NE-1], Rep. Tiahrt, Todd [R-KS-4], Sen. Udall, Mark [D-CO], Rep. Sánchez, Linda T. [D-CA-38]
Subjects
Discovery layer
Source updated
18 August 2025
Summary
Business Checking Freedom Act of 2003 - Amends the Federal Reserve Act, the Home Owners' Loan Act, and the Federal Deposit Insurance Act to repeal the prohibition against the payment of interest on demand deposits. States that specified actions and benefits relating to an escrow account maintained at a depository institution in connection with a real estate transaction shall not be treated as the payment or receipt of interest for purposes of this Act and the other named Acts.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 February 2003
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
13 February 2003
Introduced
Introduced in House
Source: IntroReferral
13 February 2003
Introduced
Introduced in House
Source: IntroReferral
5 March 2003
Committee
Subcommittee Hearings Held.
Source: Committee
5 March 2003
Referred
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 13 February 2003 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 13 February 2003
Introduced in House (PDF)
Introduced in House · EN · 13 February 2003
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Introduced in House
summary · EN · 13 February 2003
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Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Toomey, Patrick [R-PA] · R · Sponsor
- Rep. Kanjorski, Paul E. [D-PA-11] · D · Sponsor
- Rep. Biggert, Judy [R-IL-13] · R · Sponsor
- Rep. Gonzalez, Charles A. [D-TX-20] · D · Sponsor
- Rep. Shays, Christopher [R-CT-4] · R · Sponsor
- Rep. Hooley, Darlene [D-OR-5] · D · Sponsor
- Rep. Ney, Robert W. [R-OH-18] · R · Cosponsor
- Rep. Frost, Martin [D-TX-24] · D · Cosponsor
- Rep. Souder, Mark E. [R-IN-3] · R · Cosponsor
- Rep. Paul, Ron [R-TX-14] · R · Cosponsor
- Rep. King, Steve [R-IA-4] · R · Cosponsor
- Rep. Johnson, Sam [R-TX-3] · R · Cosponsor
- Sen. Isakson, Johnny [R-GA] · R · Cosponsor
- Rep. Sherman, Brad [D-CA-32] · D · Cosponsor
- Rep. Bereuter, Doug [R-NE-1] · R · Cosponsor
- Rep. Tiahrt, Todd [R-KS-4] · R · Cosponsor
- Sen. Udall, Mark [D-CO] · D · Cosponsor
- Rep. Sánchez, Linda T. [D-CA-38] · D · Cosponsor
- · hsba00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/108th-congress/house-bill/859
- Open data entity: https://api.congress.gov/v3/bill/108/hr/859
- us · 108-hr-859 · source updated 18 August 2025