Independent and Community Bank Shareholders Protection Act

Fact Sheet API

Bill Number

S 1297

Introduced

May 2, 2019

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsor

Cosponsors

Topics

Bank accounts, deposits, capital Bankruptcy Civil actions and liability Federal Deposit Insurance Corporation (FDIC) Finance and Financial Sector Government liability

Full Text

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Votes

Summary

Independent and Community Bank Shareholders Protection Act

This bill provides that shareholders of certain small financial institutions that are under conservatorship or receivership may file claims with the Federal Deposit Insurance Corporation for just compensation.

Actions

May 2, 2019

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 2, 2019

Introduced in Senate

Amendments

Related Bills