SENATE 583118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

FDIC Act of 2023

Last Action: 3/1/2023

Actions

2023-03-01Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2023-03-01Introduced in Senate

CRS Summary

As of 2023-03-01 (00)

Financial Defense for Industrial Contractors Act of 2023 or the FDIC Act of 2023

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 (5)

Ted Cruz (R-TX)
Kevin Cramer (R-ND)
Tom Cotton (R-AR)
Marsha Blackburn (R-TN)
Rick Scott (R-FL)

Read on Congress.gov

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.