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- H.R.3993
H.R.3993: Small Business Banking Act of 1996
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about finance and financial sector
- Introduced Aug. 2, 1996
- Latest Major Action Aug. 23, 1996
Bill Sponsor
Bill Cosponsors
5 (2 Democrats, 3 Republicans)
Bill Summary
Small Business Banking Act of 1996 - Amends the Federal Deposit Insurance Act (FDIA) to authorize any depository institution to permit an owner to make withdrawals by negotiable or transferable instrument from any interest-bearing or dividend bearing account in order to make payments to third parties (currently such withdrawals are permissible only for specified deposits). Amends the Federal Reserve Act, the Home Owners' Loan Act, and the FDIA...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Banking and Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Aug. 2, 1996 |
Introduced in the House by Jack Metcalf (R-Wash.) |