Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.1224
H.R.1224: Business Checking Freedom Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about congress
- Introduced March 10, 2005
- Latest Major Action May 26, 2005
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (5 Democrats, 3 Republicans)
Bill Summary
Business Checking Freedom Act of 2005 - (Sec. 2) Authorizes 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. Conditions payment of interest on the Business Now Accounts of corporations, business partnerships, or other business entities upon a determination by the appropriate...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
|
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. 109-81.
|
|
|
Placed on the Union Calendar, Calendar No. 41.
|
|
|
Mrs. Kelly 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. 1224.
|
|
|
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
|
|
|
Considered as unfinished business.
|
|
|
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 424 - 1 (Roll no. 206).
|
|
|
Motion to reconsider laid on the table Agreed to without objection.
|
|
|
Received in the Senate.
|
|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
|
| March 10, 2005 |
Introduced in the House by Sue W. Kelly (R-N.Y.) |