# 116-hr-5460: To direct the Board of Governors of the Federal Reserve System to revise the transfers and withdrawals limit with respect to savings deposits and transaction accounts, and for other purposes.

116-hr-5460, To direct the Board of Governors of the Federal Reserve System to revise the transfers and withdrawals limit with respect to savings deposits and transaction accounts, and for other purposes., is a 116th Congress bill sponsored by Rep. Perry, Scott [R-PA-10] (R-PA); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5460
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5460
- Congress: 116
- Title: To direct the Board of Governors of the Federal Reserve System to revise the transfers and withdrawals limit with respect to savings deposits and transaction accounts, and for other purposes.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2019-12-17
- Sponsor: Rep. Perry, Scott [R-PA-10] (R-PA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill directs the Federal Reserve Board to increase (1) the number of transfers and withdrawals permitted for savings deposit accounts, and (2) the withdrawal threshold for transaction accounts.

## Related bills

- 116-hr-8962: SAVE America Act
- 116-hr-8870: To repeal the National Voter Registration Act of 1993.
- 116-hr-8855: HERCULES Act
- 116-hr-8830: You Must Be Alive To Vote Act of 2020
- 116-hr-8777: CCP Visa Disclosure Act of 2020
- 116-hr-8764: Stop China’s IP Theft Act

## Sources
- [116-hr-5460 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5460)

## Related
- [116-hr-8962: SAVE America Act](https://policyrisk.com/legislation/116-hr-8962)
- [116-hr-8870: To repeal the National Voter Registration Act of 1993.](https://policyrisk.com/legislation/116-hr-8870)
- [116-hr-8855: HERCULES Act](https://policyrisk.com/legislation/116-hr-8855)
- [116-hr-8830: You Must Be Alive To Vote Act of 2020](https://policyrisk.com/legislation/116-hr-8830)
- [116-hr-8777: CCP Visa Disclosure Act of 2020](https://policyrisk.com/legislation/116-hr-8777)
- [116-hr-8764: Stop China’s IP Theft Act](https://policyrisk.com/legislation/116-hr-8764)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5460 (as of 2025-11-18).