# 114-hr-4116: To amend the Federal Deposit Insurance Act to ensure that the reciprocal deposits of an insured depository institution are not considered to be funds obtained by or through a deposit broker, and for other purposes.

114-hr-4116, To amend the Federal Deposit Insurance Act to ensure that the reciprocal deposits of an insured depository institution are not considered to be funds obtained by or through a deposit broker, and for other purposes., is a 114th Congress bill sponsored by Rep. Moore, Gwen [D-WI-4] (D-WI); status Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4116
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4116
- Congress: 114
- Title: To amend the Federal Deposit Insurance Act to ensure that the reciprocal deposits of an insured depository institution are not considered to be funds obtained by or through a deposit broker, and for other purposes.
- Status: Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
- Introduced: 2015-11-19
- Sponsor: Rep. Moore, Gwen [D-WI-4] (D-WI)
- Cosponsors: 17
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill amends the Federal Deposit Insurance Act with respect to the prohibition declaring that an insured depository institution that is not well-capitalized may not accept funds obtained, directly or indirectly, by or through any deposit broker for deposit into one or more deposit accounts. Reciprocal deposits of an insured depository institution, however, shall not be considered to be prohibited broker deposits if: the composite condition of the institution at its most recent examination was adjudged either good or outstanding, or total reciprocal deposits of the institution do not exceed either $10 billion or 20% of its total liabilities.

## Cosponsors (17)

- Rep. Emmer, Tom [R-MN-6] (R-MN), 2015-11-19T00:00:00.000Z
- Rep. Mulvaney, Mick [R-SC-5] (R-SC), 2016-02-02T00:00:00.000Z
- Rep. Luetkemeyer, Blaine [R-MO-3] (R-MO), 2016-02-02T00:00:00.000Z
- Rep. Heck, Denny [D-WA-10] (D-WA), 2016-02-02T00:00:00.000Z
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2016-02-23T00:00:00.000Z
- Rep. Pittenger, Robert [R-NC-9] (R-NC), 2016-02-23T00:00:00.000Z
- Rep. Stivers, Steve [R-OH-15] (R-OH), 2016-02-23T00:00:00.000Z
- Rep. Waters, Maxine [D-CA-43] (D-CA), 2016-03-16T00:00:00.000Z
- Rep. Beatty, Joyce [D-OH-3] (D-OH), 2016-03-16T00:00:00.000Z
- Rep. Kind, Ron [D-WI-3] (D-WI), 2016-03-16T00:00:00.000Z
- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2016-03-16T00:00:00.000Z
- Rep. Sinema, Kyrsten [D-AZ-9] (D-AZ), 2016-04-12T00:00:00.000Z
- Rep. Huizenga, Bill [R-MI-4] (R-MI), 2016-04-12T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2016-04-12T00:00:00.000Z
- Rep. Duffy, Sean P. [R-WI-7] (R-WI), 2016-04-19T00:00:00.000Z
- Rep. Schweikert, David [R-AZ-1] (R-AZ), 2016-04-19T00:00:00.000Z
- Rep. Amodei, Mark E. [R-NV-2] (R-NV), 2016-06-07T00:00:00.000Z

## Related bills

- 114-hr-2903: Craft Beverage Modernization and Tax Reform Act of 2015
- 114-hr-699: Email Privacy Act
- 114-hr-2737: Filipino Veterans of World War II Congressional Gold Medal Act of 2015
- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-2992: Merchant Marine of World War II Congressional Gold Medal Act
- 114-hr-2722: Breast Cancer Awareness Commemorative Coin Act

## Sources
- [114-hr-4116 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4116)

## Related
- [114-hr-2903: Craft Beverage Modernization and Tax Reform Act of 2015](https://policyrisk.com/legislation/114-hr-2903)
- [114-hr-699: Email Privacy Act](https://policyrisk.com/legislation/114-hr-699)
- [114-hr-2737: Filipino Veterans of World War II Congressional Gold Medal Act of 2015](https://policyrisk.com/legislation/114-hr-2737)
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-2992: Merchant Marine of World War II Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-2992)
- [114-hr-2722: Breast Cancer Awareness Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-2722)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4116 (as of 2025-11-18).