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To direct the Board of Governors of the Federal Reserve System to revise the transfers and withdrawals limit with respect to savings deposits and transaction accounts, and for other purposes.
10/28/2022, 1:45 AM
Congressional Summary of HR 5460
This bill directs the Federal Reserve Board to increase (1) the number of transfers and withdrawals permitted for savings deposit accounts, and (2) the withdrawal threshold for transaction accounts.
Read the Full Bill
Current Status of Bill HR 5460
Bill HR 5460 is currently in the status of Bill Introduced since December 17, 2019. Bill HR 5460 was introduced during Congress 116 and was introduced to the House on December 17, 2019. Bill HR 5460's most recent activity was Referred to the House Committee on Financial Services. as of December 17, 2019
Bipartisan Support of Bill HR 5460
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5460
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Administrative law and regulatory procedures
- Bank accounts, deposits, capital
- Federal Reserve System
Alternate Title(s) of Bill HR 5460
To direct the Board of Governors of the Federal Reserve System to revise the transfers and withdrawals limit with respect to savings deposits and transaction accounts, and for other purposes.
To direct the Board of Governors of the Federal Reserve System to revise the transfers and withdrawals limit with respect to savings deposits and transaction accounts, and for other purposes.
Comments
Sponsors and Cosponsors of HR 5460
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