H.R. 5460 · 116th Congress
To direct the Board of Governors of the Federal Reserve System to revise the transfers and withdrawals limit with respect to savings deposits and transaction accounts, and for other purposes.
- Stage
- In committee
- Sponsor
- Scott Perry
- Introduced
- 2019-12-17
- Latest action
- 2019-12-17 · Introduced in House
Summary
This bill directs the Federal Reserve Board to increase (1) the number of transfers and withdrawals permitted for savings deposit accounts, and (2) the withdrawal threshold for transaction accounts.