HR 5223 United States House · 118th Congress

Original Open for Business Act of 2023

The Original Open for Business Act of 2023 requires most bank branches (depository institutions) offering in-person services to stay open until 7 p.m. Monday through Friday (excluding federal holidays) and maintain at least four hours of Saturday service. This applies to all physical locations of banks and similar financial institutions as defined under the Federal Deposit Insurance Act. The law would take effect 180 days after enactment, mandating these specific operating hours without exceptions for non-holiday weekends. It directly affects bank customers seeking in-person services outside traditional weekday business hours.
Bill status in committee 1 of 4 stages cleared
Introduction
Aug 2023
Committee Review
Floor Vote
President
Introduced Aug 18, 2023 Last action Aug 18, 2023
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Full legislative history

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Total actions
2
Key actions
0
Committee
1
Aug 18, 2023
Committee
Referred to the House Committee on Financial Services.
lower
Aug 18, 2023
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Al Green
Al Green
DDemocratic
TX
9