# 114-hr-5660: Retail Checking Account Protection Act of 2016

114-hr-5660, Retail Checking Account Protection Act of 2016, is a 114th Congress bill sponsored by Rep. Williams, Roger [R-TX-25] (R-TX); 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-5660
- 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-5660
- Congress: 114
- Title: Retail Checking Account Protection Act of 2016
- Status: Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
- Introduced: 2016-07-07
- Sponsor: Rep. Williams, Roger [R-TX-25] (R-TX)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Retail Checking Account Protection Act of 2016 This bill amends the Federal Deposit Insurance Act to provide that the stable retail deposits of an insured depository institution shall not be considered to be funds obtained by or through a deposit broker. Currently, stable retail deposits are considered brokered deposits. As a result, those deposits are subject to restrictions applicable to other brokered deposits, such as prohibitions on undercapitalized banks accepting brokered deposits. This bill would exclude stable retail deposits from those restrictions.

## Cosponsors (1)

- Rep. Moore, Gwen [D-WI-4] (D-WI), 2016-07-07T00:00:00.000Z

## Related bills

- 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-4575: To amend the Federal Home Loan Bank Act to provide investment authority to support rural infrastructure development, and for other purposes.
- 114-hr-4365: Protecting Patient Access to Emergency Medications Act of 2016
- 114-hr-4087: Fair Treatment for Families of Veterans Act
- 114-hr-3706: Reach Every Mother and Child Act of 2015
- 114-hr-3687: Cuba Agricultural Exports Act

## Sources
- [114-hr-5660 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5660)

## Related
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-4575: To amend the Federal Home Loan Bank Act to provide investment authority to supp…](https://policyrisk.com/legislation/114-hr-4575)
- [114-hr-4365: Protecting Patient Access to Emergency Medications Act of 2016](https://policyrisk.com/legislation/114-hr-4365)
- [114-hr-4087: Fair Treatment for Families of Veterans Act](https://policyrisk.com/legislation/114-hr-4087)
- [114-hr-3706: Reach Every Mother and Child Act of 2015](https://policyrisk.com/legislation/114-hr-3706)
- [114-hr-3687: Cuba Agricultural Exports Act](https://policyrisk.com/legislation/114-hr-3687)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5660 (as of 2025-11-18).