HR-5911 : Still Just a Bill

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.

Action Timeline

Action DateTypeTextSource
2022-05-12IntroReferralReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2022-05-11FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2022-05-11VoteOn 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)House floor actions
2022-05-11FloorConsidered as unfinished business. (consideration: CR H4835-4836)House floor actions
2022-05-10FloorAt 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.House floor actions
2022-05-10FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 5911.House floor actions
2022-05-10FloorConsidered under suspension of the rules. (consideration: CR H4741-4744)House floor actions
2022-05-10FloorMr. Garcia (IL) moved to suspend the rules and pass the bill, as amended.House floor actions
2022-05-10CalendarsPlaced on the Union Calendar, Calendar No. 234.House floor actions
2022-05-10CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 117-314.House floor actions
2021-11-16CommitteeOrdered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.House committee actions
2021-11-16CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2021-11-09IntroReferralReferred to the House Committee on Financial Services.House floor actions
2021-11-09IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Administrative law and regulatory procedures
  • Banking and financial institutions regulation
  • Congressional oversight
  • Correctional facilities and imprisonment
  • Criminal justice information and records
  • Criminal procedure and sentencing
  • Employee hiring
  • Fraud offenses and financial crimes
  • Government information and archives

Related Bills

See Related Bills