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H.R. 6269 (116th): Insured Depository Institution Business Continuity Planning Act of 2020

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The text of the bill below is as of Mar 12, 2020 (Introduced). The bill was not enacted into law.

I

116th CONGRESS

2d Session

H. R. 6269

IN THE HOUSE OF REPRESENTATIVES

March 12, 2020

(for herself, Mr. McHenry, Mr. Stivers, Mr. Huizenga, Mr. Steil, Mr. Timmons, Mr. Hill of Arkansas, Mr. Barr, and Mr. Riggleman) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend the Federal Deposit Insurance Act to require business continuity planning for insured depository institutions, and for other purposes.

1.

Short title

This Act may be cited as the Insured Depository Institution Business Continuity Planning Act of 2020.

2.

Standards for business continuity planning

Section 39(a)(1) of the Federal Deposit Insurance Act (12 U.S.C. 1831p–1(a)(1)) is amended—

(1)

in subparagraph (E), by striking and at the end; and

(2)

by adding at the end the following new subparagraph:

(G)

business continuity planning and management; and

.