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HR 189 - 116

Financial Institution Customer Protection Act of 2019

Referred to the House Committee on Financial Services.

Bill highlights

Votes, text signals, source context, and latest movement from this record.

Bill Text Stats

6
Analyzed sections
N/A
Detected dollar total
0
Tax signals
0
Deadlines

Signal counts

Tax density 0.0%
Spending density 0.0%
Statutory Reference 3
Agency 1
Courts 1

Top agencies

agency shall 1

Statutory references

12 U.S.C. 1752 1
12 U.S.C. 1813 1
12 U.S.C. 1813 1

House Votes

No House roll call votes have been linked to this bill yet.

Timeline

Jan 3, 2019

Introduced in House

Jan 3, 2019

Introduced in House

Jan 3, 2019

Referred to the House Committee on Financial Services.

Affected Sectors

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Confidence is the strongest individual match score behind that sector.

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Finance and banking
8 evidence matches
Impact 100% Confidence 90%

Finance and Financial Sector

Financial Institution Customer Protection Act of 2019 Referred to the House Committee on Financial Services. Finance and Financial Sector

anking agency, as defined under section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 ); and (B) the National Credit Union Administration, in the case of an insured credit union. (2) Depository institution The term depository inst

Labor and employment
5 evidence matches
Impact 92% Confidence 78%

agency, as defined under section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 ); and (B) the National Credit Union Administration, in the case of an insured credit union. (2) Depository institution The term depository institution

12 U.S.C. 1813 red credit union. (2) Depository institution The term depository institution means— (A) a depository institution, as defined under section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 ); and (B) an insured credit u

12 U.S.C. 1752 as defined under section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 ); and (B) an insured credit union, as defined under section 101 of the Federal Credit Union Act ( 12 U.S.C. 1752 ).

CBO Cost Estimates

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Campaign Finance Context

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Lobbying Context

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No LDA.gov lobbying disclosure context is currently linked for this bill.

Summary

00 Introduced in House Jan 17, 2019

Financial Institution Customer Protection Act of 2019 This bill specifies that a federal banking agency may not request or order a depository institution to terminate a customer account unless (1) the agency has a valid reason for doing so, and (2) that reason is not based solely on reputation risk. Valid reasons for terminating an account include threats to national security and involvement in terrorist financing, including state sponsorship of terrorism. A federal banking agency requesting a termination must provide the depository institution with notification and justification.

Sponsors

Luetkemeyer, Blaine
Sponsor

Luetkemeyer, Blaine

Republican · MO-3 · L000569

Joined Jan 3, 2019
Website
N/A
Phone
N/A
Office
N/A

Amendments

No amendment records are currently available for this bill.
Compiled bill record. Bill pages combine Congress.gov source payloads, normalized relationships, cached text analysis, vote links, and deterministic sector/signal extraction. This is not an official government record or legal advice; use the official source link when accuracy matters.