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Bill > HR5911


US HR5911

US HR5911
Fair Hiring in Banking Act


summary

Introduced
11/09/2021
In Committee
11/16/2021
Crossed Over
05/12/2022
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

AN ACT To amend the Federal Deposit Insurance Act and the Fed- eral Credit Union Act to expand employment opportuni- ties for those with a previous minor criminal offense, and for other purposes.

AI Summary

This bill, the Fair Hiring in Banking Act, aims to expand employment opportunities for individuals with a previous minor criminal offense in the banking and credit union industries. It amends the Federal Deposit Insurance Act and the Federal Credit Union Act to create exceptions to prohibitions on employment for certain older, minor offenses, expunged or sealed records, and de minimis offenses. The bill also establishes a consent application process for affected individuals or their employers, with regional and national review, and requires the regulatory agencies to consider evidence of rehabilitation and other mitigating factors. Additionally, the agencies must review the implementation of these changes and report to Congress on recommendations for further expanding employment opportunities.

Committee Categories

Business and Industry, Housing and Urban Affairs

Sponsors (3)

Last Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 05/12/2022)

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