H.R.4082: Small Business Interest Checking Act of 1998

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about finance and financial sector
  • Introduced June 18, 1998
  • Latest Major Action June 26, 1998

Bill Summary

Small Business Interest Checking Act of 1998 - Amends the Federal Deposit Insurance Act to provide that any depository institution may permit: (1) the owner of any interest-bearing or dividend-earning account to make up to 24 transfers per month, for any purpose, to another account of the owner in the same institution; and (2) the owner of any deposit or account (negotiable order of withdrawal, or NOW, account) to make withdrawals by...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
June 18, 1998

Introduced in the House by Sue W. Kelly (R-N.Y.)

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