(This measure has not been amended since it was passed by the House on November 30, 2010. The summary of that version is repeated here.)
Amends the Federal Deposit Insurance Act, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to treat as a noninterest-bearing transaction account fully insurable by the Federal Deposit Insurance Corporation (FDIC) any Interest on Lawyers Trust Account (or functionally equivalent account) established by an attorney or law firm on behalf of a client.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Mr. Doggett moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H7727-7728)
DEBATE - The House proceeded with forty minutes of debate on H.R. 6398.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7727)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7727)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S10964)
Passed Senate without amendment by Unanimous Consent. (consideration: CR S10964)
Message on Senate action sent to the House.
Cleared for White House.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 111-343.
Became Public Law No: 111-343.
Enacted as Public Law 111-343
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