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S. 563

BillFederalSenateIn Committee
Fair Access to Banking Act
About This Bill
Committee
Latest Action · March 18, 2021
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Congress
117th (2021–2023)
Introduced
March 3, 2021
Sponsor
Sen. Kevin CramerR
Cosponsors (33)
0D 33R
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Summary

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Fair Access to Banking Act This bill restricts certain banks, credit unions, and payment card networks from refusing to do business with a person who is in compliance with the law. Restrictions include prohibiting the use of certain lending programs, initiating the process of terminating an institution's depository insurance, and instituting specified civil penalties.

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