United States · Bill · S
S. 3108 (116th)
Consumer Transaction Account Protection Act of 2019
Introduced
19 December 2019
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Consumer Transaction Account Protection Act of 2019 This bill specifies 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.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 19 December 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 19 December 2019
Introduced in Senate
summary · EN · 19 December 2019
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/3108
- Open data entity: https://api.congress.gov/v3/bill/116/s/3108