HR 10542 · 118th Congress · Finance and Financial Sector
Employee Paycheck and Small Business Protection Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2024-12-19)
Plain Language Summary
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[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10542 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10542 To amend the Federal Deposit Insurance Act and the Federal Credit Union Act to authorize a temporary transaction account guarantee program, expand deposit and share insurance to cover business payment accounts, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 19, 2024 Ms. Waters introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Federal Deposit Insurance Act and the Federal Credit Union Act to authorize a temporary transaction account guarantee program, expand deposit and share insurance to cover business payment accounts, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Employee Paycheck and Small Business Protection Act''. SEC. 2. EXPANDED INSURANCE COVERAGE F…
Summarized by Claude AI · Non-partisan · For informational purposes only