Text: H.R.6269 — 116th Congress (2019-2020)All Information (Except Text)

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Introduced in House (03/12/2020)


116th CONGRESS
2d Session
H. R. 6269


To amend the Federal Deposit Insurance Act to require business continuity planning for insured depository institutions, and for other purposes.


IN THE HOUSE OF REPRESENTATIVES

March 12, 2020

Mrs. Wagner (for herself, Mr. McHenry, Mr. Stivers, Mr. Huizenga, Mr. Steil, Mr. Timmons, Mr. Hill of Arkansas, Mr. Barr, and Mr. Riggleman) introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To amend the Federal Deposit Insurance Act to require business continuity planning for insured depository institutions, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Insured Depository Institution Business Continuity Planning Act of 2020”.

SEC. 2. Standards for business continuity planning.

Section 39(a)(1) of the Federal Deposit Insurance Act (12 U.S.C. 1831p–1(a)(1)) is amended—

(1) in subparagraph (E), by striking “and” at the end; and

(2) by adding at the end the following new subparagraph:

    “(G) business continuity planning and management; and”.


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