HR 5460 · 116th Congress · Finance and Financial Sector

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.

Introduced 2019-12-17· Sponsored by Rep. Perry, Scott [R-PA-10]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-12-17)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only