US Codex
Bill
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Insured Depository Institution Business Continuity Planning Act of 2020

H.R. 6269 · 116th Congress · Mar 12, 2020 · Lineage

A BILL

To amend the Federal Deposit Insurance Act to require business continuity planning for insured depository institutions, and for other purposes.

Section 1 Short title

This Act may be cited as the “Insured Depository Institution Business Continuity Planning Act of 2020”.

Sec. 2 Standards for business continuity planning

Section 39(a)(1) of the Federal Deposit Insurance Act (12 U.S.C. 1831p–1(a)(1)) is amended—
(1)
in subparagraph (E), by striking “and” at the end; and
(2)
by adding at the end the following new subparagraph:

“(G) business continuity planning and management; and”