FDIC Act
Latest action · Feb 13, 2020 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 13, 2020
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Financial Defense for Industrial Contractors Act or the FDIC Act
This bill requires the Federal Deposit Insurance Corporation to begin proceedings for terminating the insured status of large depository institutions that deny banking services to federal contractors that otherwise qualify for such services.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Feb 13, 2020 to Feb 25, 2020, with 3 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-ND | Kevin Cramer | Original | Feb 13, 2020 |
| R-TN | Marsha Blackburn | Original | Feb 13, 2020 |
| R-AR | Tom Cotton | Original | Feb 13, 2020 |
| R-TX | Ted Cruz | Feb 25, 2020 |
Actions 2
Everything that happened, newest first.
- Feb 13, 2020Introduced in Senate
- Feb 13, 2020Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Feb 13, 2020Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.