Fair Access to Banking Act
Latest action · Mar 10, 2021 Referred to the House Committee on Financial Services.
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.
- IntroducedMar 10, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Fair Access to Banking Act
This bill restricts certain banks, credit unions, and payment card networks from refusing to do business with a person who is in compliance with the law. Restrictions include prohibiting the use of certain lending programs, initiating the process of terminating an institution's depository insurance, and instituting specified civil penalties.
Cosponsors 82
Members who signed on, in the order they did. Signatures ran from Mar 10, 2021 to Nov 14, 2022; 27 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NE | Adrian Smith | Original | Mar 10, 2021 |
| R-MI | Bill Huizenga | Original | Mar 10, 2021 |
| R-FL | Bill Posey | Original | Mar 10, 2021 |
| R-UT | Blake D. Moore | Original | Mar 10, 2021 |
| R-WV | Carol D. Miller | Original | Mar 10, 2021 |
| R-CA | Darrell Issa | Original | Mar 10, 2021 |
| R-NC | David Rouzer | Original | Mar 10, 2021 |
| R-NE | Don Bacon | Original | Mar 10, 2021 |
| R-AK | Don Young | Original | Mar 10, 2021 |
| R-CO | Doug Lamborn | Original | Mar 10, 2021 |
| R-NY | Elise M. Stefanik | Original | Mar 10, 2021 |
| R-AR | Eric A. "Rick" Crawford | Original | Mar 10, 2021 |
| R-PA | Guy Reschenthaler | Original | Mar 10, 2021 |
| R-KY | Harold Rogers | Original | Mar 10, 2021 |
| R-IN | Jackie Walorski | Original | Mar 10, 2021 |
| R-KS | Jake LaTurner | Original | Mar 10, 2021 |
| R-GA | Jody B. Hice | Original | Mar 10, 2021 |
| R-TN | John W. Rose | Original | Mar 10, 2021 |
| R-ND | Kelly Armstrong | Original | Mar 10, 2021 |
| R-MS | Michael Guest | Original | Mar 10, 2021 |
| R-AZ | Paul A. Gosar | Original | Mar 10, 2021 |
| R-NC | Richard Hudson | Original | Mar 10, 2021 |
| R-TX | Roger Williams | Original | Mar 10, 2021 |
| R-ID | Russ Fulcher | Original | Mar 10, 2021 |
| R-TN | Scott DesJarlais | Original | Mar 10, 2021 |
| R-PA | Scott Perry | Original | Mar 10, 2021 |
| R-MS | Trent Kelly | Original | Mar 10, 2021 |
| R-WV | David B. McKinley | Mar 12, 2021 | |
| R-PA | Daniel Meuser | Mar 16, 2021 | |
| R-SD | Dusty Johnson | Mar 17, 2021 | |
| R-FL | John H. Rutherford | Mar 17, 2021 | |
| R-IL | Rodney Davis | Mar 18, 2021 | |
| R-GA | Earl L. "Buddy" Carter | Mar 29, 2021 | |
| R-KY | James Comer | Mar 29, 2021 | |
| R-IN | Larry Bucshon | Mar 29, 2021 | |
| R-MO | Vicky Hartzler | Mar 29, 2021 | |
| R-AL | Mike Rogers | Apr 22, 2021 | |
| R-TX | Ronny Jackson | Apr 22, 2021 | |
| R-VA | H. Morgan Griffith | May 17, 2021 | |
| R-SC | Joe Wilson | May 17, 2021 | |
| R-GA | Rick W. Allen | May 17, 2021 | |
| R-SC | Ralph Norman | May 25, 2021 | |
| R-MD | Andy Harris | Jun 8, 2021 | |
| R-NV | Mark E. Amodei | Jul 28, 2021 | |
| R-TX | Lance Gooden | Oct 19, 2021 | |
| R-CO | Ken Buck | Oct 26, 2021 | |
| R-SC | William R. Timmons IV | Oct 26, 2021 | |
| R-ID | Michael K. Simpson | Nov 2, 2021 | |
| R-CA | Ken Calvert | Nov 17, 2021 | |
| R-IA | Ashley Hinson | Nov 30, 2021 | |
| R-IN | Victoria Spartz | Nov 30, 2021 | |
| R-MI | Lisa C. McClain | Dec 9, 2021 | |
| R-FL | W. Gregory Steube | Dec 9, 2021 | |
| R-FL | Byron Donalds | Dec 14, 2021 | |
| R-NC | Dan Bishop | Dec 14, 2021 | |
| R-VA | Robert J. Wittman | Dec 14, 2021 | |
| R-OH | Brad R. Wenstrup | Dec 16, 2021 | |
| R-MI | John R. Moolenaar | Dec 23, 2021 | |
| R-GA | A. Drew Ferguson IV | Jan 10, 2022 | |
| R-KS | Ron Estes | Jan 20, 2022 | |
| R-MN | Jim Hagedorn | Feb 1, 2022 | |
| R-WV | Alexander X. Mooney | Feb 8, 2022 | |
| R-FL | Scott Franklin | Feb 18, 2022 | |
| R-TN | Tim Burchett | Feb 18, 2022 | |
| R-MI | Jack Bergman | Mar 7, 2022 | |
| R-OH | Mike Carey | Mar 8, 2022 | |
| R-WA | Dan Newhouse | Apr 6, 2022 | |
| R-TX | Pete Sessions | Apr 7, 2022 | |
| R-PA | John Joyce | Apr 14, 2022 | |
| R-MN | Pete Stauber | Apr 14, 2022 | |
| R-AL | Barry Moore | May 6, 2022 | |
| R-NY | Chris Jacobs | May 12, 2022 | |
| R-FL | Michael Waltz | May 12, 2022 | |
| R-OK | Stephanie I. Bice | May 12, 2022 | |
| R-TX | Pat Fallon | Jun 14, 2022 | |
| R-TX | August Pfluger | Jul 15, 2022 | |
| R-GA | Austin Scott | Jul 15, 2022 | |
| R-PA | Fred Keller | Jul 15, 2022 | |
| R-IL | Mike Bost | Jul 15, 2022 | |
| R-FL | Kat Cammack | Aug 12, 2022 | |
| R-IL | Mary E. Miller | Sep 30, 2022 | |
| R-MN | Tom Emmer | Nov 14, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Mar 10, 2021 |
Actions 2
Everything that happened, newest first.
- Mar 10, 2021Introduced in House
- Mar 10, 2021Referred to the House Committee on Financial Services.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 167, no. 45, March 10, 2021, page H1326.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 563 | Fair Access to Banking Act | Identical bill | Mar 18, 2021 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Federal Reserve Act to prohibit certain financial service providers who deny fair access to financial services from using taxpayer funded discount window lending programs, and for other purposes.
- Short Title(s) as Introduced
- Fair Access to Banking Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Mar 10, 2021Introduced in House
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.