H.R.758: Business Checking Freedom Act of 2003

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about congress
  • Introduced Feb. 13, 2003
  • Latest Major Action April 2, 2003

Bill Summary

(This measure has not been amended since it was reported to the House on March 31, 2003. The summary of that version is repeated here.)Business Checking Freedom Act of 2003 - (Sec. 2) Amends Federal law to authorize interest-bearing transaction accounts for all businesses, permitting up to 24 transfers per month (or any greater number the Federal Reserve Board may determine) to another account of the owner in the same institution.(Sec. 3)...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.758.

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Subcommittee Hearings Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Financial Services. H. Rept. 108-53.
Placed on the Union Calendar, Calendar No. 33.
Mr. Bachus moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 758.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 13, 2003

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

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