Govwatch

Introduced

In Committee

3

Passed One Chamber

4

Passed Both

5

Signed into Law

Sponsor

Andy Barr

Republican · KY · Representative

Votes with party: 98.8% (564 recorded votes)

Full profile: /officials/B001282

Source: Congress.gov · FEC

Cosponsors (95)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Financial Services.

2025-02-05

Source: Congress.gov

Committee Activity

Currently in

House Committee on Financial ServicesReferred To · 2025-02-05

Previously

Financial Services CommitteeReferred To · 2025-02-05

Plain-English Summary

Fair Access to Banking Act This bill places restrictions on certain banks, credit unions, and payment card networks if they refuse to do business with a person who complies with the law. Restrictions include prohibiting the use of electronic funds transfer systems and lending programs, termination of an institution's depository insurance, and specified civil penalties. Banks and other specified financial institutions are allowed to deny financial services to a person only if the denial is justified by a documented failure of that person to meet quantitative, impartial, risk-based standards established in advance by the institution. This justification may not be based upon reputational risks to the institution. The bill establishes the right for a person to bring a civil action for a violation of this bill.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Finance and Financial Sector

Full bill text is not yet cached locally.

Open text view Read on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

HR5929Critical Minerals Supply Chain Resiliency Act of 2026
Referred to Committee · 2026-06-09
HR8956Border Patrol Supervisors Retention Act
Referred to Committee · 2026-05-21
HR8075To authorize the Secretary of the Treasury to direct the Federal Deposit Insurance Corporation and the National Credit Union Administration to establish emergency transaction account guarantee programs, and for other purposes.
Referred to Committee · 2026-03-25
HR7056Community Bank Regulatory Tailoring Act
Referred to Committee · 2026-03-19