Original Open for Business Act of 2023

Bill: 118-hr-5223
Sponsor: full_name: Rep. Green, Al [D-TX-9]
Introduced: 2023-08-18
Policy area: Finance and Financial Sector
Latest action: action_date: 2023-08-18
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2023-08-18
action_desc: Introduced in House
text: <p><strong>Original Open for Business Act of 2023</strong></p><p>This bill requires each branch location of a depository institution with in-person customer service to remain open until 7:00 p.m. on weekdays and for a minimum of four hours on Saturdays. &nbsp;</p>

tv_txt: I 118th CONGRESS 1st Session H. R. 5223 IN THE HOUSE OF REPRESENTATIVES August 18, 2023 Mr. Green of Texas introduced the following bill; which was referred to the Committee on Financial Services A BILL To mandate certain hours for in-person branch offices of depository institutions, and for other purposes.

1. Short title This Act may be cited as the Original Open for Business Act of 2023 . 2. Depository institution hours (a) In general Beginning on the date that is 180 days after the date of the enactment of this section, each branch location of a depository institution with in-person customer service shall remain open for business (except on a Federal holiday)— (1) until 7 p.m. on Monday, Tuesday, Wednesday, Thursday, or Friday; and (2) for a minimum of 4 hours on Saturday. (b) Depository institution defined In this section, the term depository institution shall have the meaning given the term in section 3 of the Federal Deposit Insurance Act.