Back to all bills
HR 5953119th CongressIn Committee
Protect Military and Federal Employees from Unfair Bank Fees Act
Introduced: Nov 7, 2025
Sponsor: Rep. Jacobs, Sara [D-CA-51] (D-California)
Standard Summary
Comprehensive overview in 1-2 paragraphs
Prohibits financial institutions from imposing certain fees on military and federal employees during government shutdowns or funding gaps.
Key Points
- 1Bans insufficient funds fees during government funding gaps
- 2Prohibits credit card late payment fees during covered periods
- 3Applies to civil service, Armed Forces, and uniformed services employees
- 4Covers furloughed or excepted employees working without pay
- 5Sponsored by Representatives Jacobs, Elfreth, and Walkinshaw
- 6Referred to House Committee on Financial Services
Impact Areas
Military and federal employee financial protectionBanking and credit card fee regulationGovernment shutdown impactsConsumer financial protection
Generated by kwaipilot/kat-coder-pro:free on Nov 19, 2025