HOUSE 1729117th CongressReferred to the House Committee on Financial Services.
Fair Access to Banking Act
- Last Action
- 3/10/2021
Actions
- 2021-03-10Referred to the House Committee on Financial Services.
- 2021-03-10Introduced in House
- 2021-03-10Introduced in House
CRS Summary
As of 2021-03-10 (00)
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 (20)
- Roger Williams (R-TX)
- Doug Lamborn (R-CO)
- Scott DesJarlais (R-TN)
- Don Bacon (R-NE)
- Scott Perry (R-PA)
- Trent Kelly (R-MS)
- Adrian Smith (R-NE)
- DARRELL ISSA (R-CA)
- Bill Huizenga (R-MI)
- Kelly Armstrong (R-ND)
- Jackie Walorski (R-IN)
- Eric Crawford (R-AR)
- Michael Guest (R-MS)
- Elise Stefanik (R-NY)
- Russ Fulcher (R-ID)
- David Rouzer (R-NC)
- Carol Miller (R-WV)
- DON YOUNG (R-AK)
- John Rose (R-TN)
- HAROLD ROGERS (R-KY)
Subjects
- Banking and financial institutions regulation
- Civil actions and liability
- Consumer credit
- Credit and credit markets
- Financial services and investments
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.