0
0
0
Consumer Transaction Account Protection Act of 2019
10/28/2022, 1:46 AM
Congressional Summary of S 3108
Consumer Transaction Account Protection Act of 2019
This bill specifies that consumer transaction account deposits of an insured depository institution shall not be considered to be funds obtained through a deposit broker. In general, current law prohibits an insured depository institution that is not well capitalized from accepting funds obtained through a deposit broker for deposit.
Read the Full Bill
Current Status of Bill S 3108
Bill S 3108 is currently in the status of Bill Introduced since December 19, 2019. Bill S 3108 was introduced during Congress 116 and was introduced to the Senate on December 19, 2019. Bill S 3108's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of December 19, 2019
Bipartisan Support of Bill S 3108
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3108
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
Alternate Title(s) of Bill S 3108
Consumer Transaction Account Protection Act of 2019
Consumer Transaction Account Protection Act of 2019
A bill to amend the Federal Deposit Insurance Act to provide that the consumer transaction account deposits of an insured depository institution are not considered to be funds obtained by or through a deposit broker, and for other purposes.
Comments
Sponsors and Cosponsors of S 3108
Latest Bills
National Law Enforcement Officers Remembrance, Support, and Community Outreach Act
Bill HR 309August 21, 2026
National Oceanic and Atmospheric Administration Sexual Harassment and Assault Prevention Improvements Act of 2025
Bill HR 2406August 21, 2026
No Antisemitism in Education Act of 2026
Bill HR 8476August 21, 2026
Chesapeake Bay Watershed Advancement for Training, Education, Restoration, and Science (WATERS) Act
Bill HR 6893August 21, 2026
To provide for the equitable settlement of certain Indian land disputes regarding land in Illinois, and for other purposes.
Bill HR 2827August 21, 2026
Local Communities & Bird Habitat Stewardship Act of 2026
Bill HR 3276August 21, 2026
To reauthorize the Young Women’s Breast Health Education and Awareness Requires Learning Young Act of 2009.
Bill HR 4541August 20, 2026
Stop Insider Trading Act
Bill HR 7008August 20, 2026
National Defense Authorization Act for Fiscal Year 2027
Bill HR 8800August 20, 2026
Main Street Capital Access Act
Bill HR 6955August 20, 2026