118th Congress Finance and Financial Sector
H.R. 3243: Small Business Stability Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill allows the Federal Deposit Insurance Corporation (FDIC) to guarantee an insured depository institution's uninsured deposits in noninterest-bearing transaction accounts for a single period not to exceed 60 days without complying with requirements to minimize cost to the Deposit Insurance Fund. This authority requires (1) written recommendations from the FDIC board and the Board of Governors of the Federal Reserve System, and (2) a determination from the Department of the Treasury that this step would avoid or mitigate adverse effects on the stability of the banking system.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Daniel Meuser R-PA
Who scored on this bill
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Other bills by Blaine Luetkemeyer
- H.R. 3244: Stop Fentanyl Money Laundering Act of 2023
- H.R. 5409: Safeguarding American Farms from Foreign Influence Act
- H.R. 4428: Guidance Clarity Act
- H.R. 8033: Regulatory Transparency for Small Businesses Act
- H.R. 6015: Iran Sanctions Accountability Act of 2023
- H.R. 399: Small Business Advocacy Improvements Act of 2023
History
- Introduced in the House by Blaine Luetkemeyer.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.