From official state and federal legislative records. Informational only, not legal advice.
Halfway — passed one chamber
One of the two groups of lawmakers voted yes. Now the other group gets to vote.
Next: the other chamber takes it up — committee first, then a vote.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
To amend the Federal Deposit Insurance Act to ensure that certain custodial deposits of well capitalized insured depository institutions are not considered to be funds obtained by or through deposit brokers, and for other purposes.