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Main Subject: Finance and financial sector

Fair Hiring in Banking Act This bill creates exceptions to the restriction on hiring persons convicted of certain criminal offenses involving dishonesty or a breach of trust to a position with an insured depository institution or an insured credit union. Currently, a waiver must be obtained from the Federal Deposit Insurance Corporation or the National Credit Union Administration to allow the employment of such a person. Specifically, a waiver is not needed if it has been 7 years or more since the offense occurred or if the individual was incarcerated with respect to the offense and it has been 5 years or more since the individual was released from incarceration. The need for a waiver also does not apply to conduct committed before age 21 and it has been at least 30 months since the sentencing. Individuals with a criminal record that is expunged, sealed, or pardoned are also exempt from waiver requirements.

Senate Actions

IntroReferral
May. 12 2022	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

House floor actions Actions

Floor

May. 11
2022

Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 329 - 88 (Roll no. 156). (text: 05/10/2022 CR H4741-4743)
Considered as unfinished business. (consideration: CR H4835-4836)

May. 10
2022

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
DEBATE - The House proceeded with forty minutes of debate on H.R. 5911.
Considered under suspension of the rules. (consideration: CR H4741-4744)
Mr. Garcia (IL) moved to suspend the rules and pass the bill, as amended.

Calendars
May. 10 2022	Placed on the Union Calendar, Calendar No. 234.

Committee
May. 10 2022	Reported (Amended) by the Committee on Financial Services. H. Rept. 117-314.

IntroReferral
Nov. 09 2021	Referred to the House Committee on Financial Services.

Library of Congress Actions

Floor
May. 11 2022	Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 329 - 88 (Roll no. 156).

Committee
May. 10 2022	Reported (Amended) by the Committee on Financial Services. H. Rept. 117-314.

IntroReferral
Nov. 09 2021	Introduced in House Introduced in House

House committee actions Actions

Committee
Nov. 16 2021	Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote. Committee Consideration and Mark-up Session Held.

House bill HR5911-117

Fair Hiring in Banking Act

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