H.R. 766: Financial Institution Customer Protection Act of 2016

The Financial Institution Customer Protection Act, H.R. 766, would establish requirements for federal regulators to request a bank to close any customer account, except in some cases of national security. In order to do so federal regulators would need to submit a written request to the bank with an explanation of why such termination is needed. It specifies that ...

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Overview

Introduced:

Feb 5, 2015

Status:

Passed House on Feb 4, 2016

This bill passed in the House on February 4, 2016 and goes to the Senate next for consideration.

Sponsor:

Blaine Luetkemeyer

Representative for Missouri's 3rd congressional district

Republican

Text:

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Last Updated: Feb 8, 2016
Length: 7 pages

Prognosis:

5% chance of being enacted according to PredictGov (details)

History

Feb 5, 2015
 
Introduced

This is the first step in the legislative process.

Jul 29, 2015
 
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Feb 4, 2016
 
Passed House

The bill was passed in a vote in the House. It goes to the Senate next.

 
Passed Senate

 
Signed by the President

H.R. 766 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 766 — 114th Congress: Financial Institution Customer Protection Act of 2016.” www.GovTrack.us. 2015. December 8, 2016 <https://www.govtrack.us/congress/bills/114/hr766>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.