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United States · Bill · S

S. 563 (117th)

Fair Access to Banking Act

openUnited States· United States Congress· EN

Introduced

3 March 2021

Last action

18 March 2021 · Committee

Status

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-214.

Sponsors

Sen. Cramer, Kevin [R-ND], Sen. Blackburn, Marsha [R-TN], Sen. Daines, Steve [R-MT], Sen. Kennedy, John [R-LA], Sen. Lummis, Cynthia M. [R-WY], Sen. Scott, Rick [R-FL], Sen. Tillis, Thomas [R-NC], Sen. Inhofe, James M. [R-OK], Sen. Hoeven, John [R-ND], Sen. Tuberville, Tommy [R-AL], Sen. Barrasso, John [R-WY], Sen. Cruz, Ted [R-TX], Sen. Cassidy, Bill [R-LA], Sen. Capito, Shelley Moore [R-WV], Sen. Cornyn, John [R-TX], Sen. Cotton, Tom [R-AR], Sen. Scott, Tim [R-SC], Sen. Sullivan, Dan [R-AK], Sen. Hawley, Josh [R-MO], Sen. Lankford, James [R-OK], Sen. Braun, Mike [R-IN], Sen. Risch, James E. [R-ID], Sen. Marshall, Roger [R-KS], Sen. Wicker, Roger F. [R-MS], Sen. Hyde-Smith, Cindy [R-MS], Sen. Crapo, Mike [R-ID], Sen. Fischer, Deb [R-NE], Sen. Moran, Jerry [R-KS], Sen. Ernst, Joni [R-IA], Sen. Shelby, Richard C. [R-AL], Sen. Murkowski, Lisa [R-AK], Sen. Boozman, John [R-AR], Sen. Rubio, Marco [R-FL], Sen. Hagerty, Bill [R-TN]

Subjects

Discovery layer

Source updated

30 May 2026

Summary

Fair Access to Banking Act This bill restricts certain banks, credit unions, and payment card networks from refusing to do business with a person who is in compliance with the law. Restrictions include prohibiting the use of certain lending programs, initiating the process of terminating an institution's depository insurance, and instituting specified civil penalties.

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

Timeline

  1. 3 March 2021

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 3 March 2021

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 18 March 2021

    Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-214.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 3 March 2021

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 3 March 2021

    ViewDownloadOpen at official source

    Leesvertaling

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  • Introduced in Senate

    summary · EN · 3 March 2021

    Open at official source

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Sponsors

Related records

Sources

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