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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Title(s) as Introduced

Keep Big Tech Out Of Finance Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To prohibit large platform utilities from being a financial institution or being affiliated with a person that is a financial institution, and for other purposes.


Actions Overview (1)

Date Actions Overview
10/23/2019Introduced in House

All Actions (4)

Date All Actions
11/13/2019Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Action By: Committee on Agriculture
10/23/2019Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Action By: House of Representatives
10/23/2019Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Action By: House of Representatives
10/23/2019Introduced in House
Action By: House of Representatives

Cosponsors (0)

No cosponsors.


Committees (2)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
House Financial Services10/23/2019 Referred to
House Agriculture10/23/2019 Referred to
House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit11/13/2019 Referred to

No related bill information was received for H.R.4813.


Subjects (4)


Latest Summary (1)

There is one summary for H.R.4813. View summaries

Shown Here:
Introduced in House (10/23/2019)

Keep Big Tech Out Of Finance Act

This bill generally prohibits certain large technology companies (e.g., social media platforms) from offering financial services. Specifically, these companies may not be a financial institution; be affiliated with a financial institution; or establish, maintain, or operate a digital currency.

The bill provides for a one-year wind-down period for a company engaging in these prohibited activities.