House Bill 6380
116th Congress(2019-2020)
To temporarily provide for Federal insurance of transaction accounts during the COVID-19 emergency.
Introduced
Introduced in House on Mar 24, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6380
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
This bill temporarily removes deposit insurance limits for transaction accounts at depository institutions and credit unions. The limits are reinstated January 1, 2022.
March 24, 2020
Sort by most recent
03/24/2020
Referred to the House Committee on Financial Services.
03/24/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:17:25 PM