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To temporarily provide for Federal insurance of transaction accounts during the COVID-19 emergency.

2/8/2022, 11:17 PM

Congressional Summary of HR 6380

This bill temporarily removes deposit insurance limits for transaction accounts at depository institutions and credit unions. The limits are reinstated January 1, 2022.

Current Status of Bill HR 6380

Bill HR 6380 is currently in the status of Bill Introduced since March 24, 2020. Bill HR 6380 was introduced during Congress 116 and was introduced to the House on March 24, 2020.  Bill HR 6380's most recent activity was Referred to the House Committee on Financial Services. as of March 24, 2020

Bipartisan Support of Bill HR 6380

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
5
Democrat Cosponsors
5
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6380

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Bank accounts, deposits, capital
- Banking and financial institutions regulation

Alternate Title(s) of Bill HR 6380

To temporarily provide for Federal insurance of transaction accounts during the COVID-19 emergency.
To temporarily provide for Federal insurance of transaction accounts during the COVID-19 emergency.

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