H.R.1435: Small Business Banking Regulatory Relief Act of 1999

About This Bill

Bill Summary

Small Business Banking Regulatory Relief Act of 1999 - Amends Federal banking law with respect to a depository institution's authority to permit the holder of any interest-earning or dividend-earning deposit or account (negotiable order of withdrawal or NOW account) to make withdrawals from such account by negotiable or transferable instrument in order to make payments to third parties. Allows the owner of such an account to make up to 24...

(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.
April 15, 1999

Introduced in the House by Jack Metcalf (R-Wash.)

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