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Searching...- Bills
- H.R.41
H.R.41: Business Checking Fairness Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced Jan. 4, 2007
- Latest Major Action Jan. 4, 2007
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (4 Democrats, 4 Republicans)
Bill Summary
Business Checking Fairness Act of 2007 - Amends federal law to authorize interest-bearing or dividend-bearing transaction accounts for all businesses, permitting up to 24 transfers per month to another account of the owner in the same institution. Amends the Federal Reserve Act, the Home Owners' Loan Act, and the Federal Deposit Insurance Act to repeal the prohibition against the payment of interest on demand deposits. Amends the Federal...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Jan. 4, 2007 |
Introduced in the House by Nydia M. Velázquez (D-N.Y.) |