H.R. 5953

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5953 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 5953

To prohibit card issuers and financial institutions from imposing 
certain fees on covered persons during any period during which 
appropriations are not in effect for the operations of one or more 
Federal agencies, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

November 7, 2025

Ms. Jacobs (for herself, Ms. Elfreth, and Mr. Walkinshaw) introduced 
the following bill; which was referred to the Committee on Financial 
Services

_______________________________________________________________________

A BILL

To prohibit card issuers and financial institutions from imposing 
certain fees on covered persons during any period during which 
appropriations are not in effect for the operations of one or more 
Federal agencies, and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Protect Military and Federal 
Employees from Unfair Bank Fees Act''.

SEC. 2. FEES.

(a) In General.--A financial institution may not impose any fee on 
any account held by a covered person during a covered period that 
relates to insufficient funds in such consumer's account to pay or 
reject a debit.
(b) Credit Card Fees.--A card issuer who has issued a credit card 
to a covered person may not impose any fee or charge on such covered 
person for the failure of such person to make a payment by the due date 
of such payment if such payment was due during a covered period.
(c) Definitions.--In this section:
(1) Account.--The term ``account'' has the meaning given 
the term in section 3 of the Electronic Fund Transfer Act.
(2) Card issuer.--The term ``card issuer'' has the meaning 
given the term in section 103 of the Consumer Credit Protection 
Act.
(3) Credit card.--The term ``credit card'' has the meaning 
given the term in section 103 of the Consumer Credit Protection 
Act, and includes any purchase card issued to a covered person 
by the Federal Government for official use.
(4) Covered period.--The term ``covered period'' means any 
period during which appropriations are not in effect for the 
operations of one or more Federal agencies.
(5) Covered person.--The term ``covered person'' means an 
individual employed in the civil service, the Armed Forces, or 
the uniformed services, as such terms are defined in section 
2101 of title 5, United States Code, who was furloughed or 
excepted from furlough and working without pay during a covered 
period.
(6) Financial institution.--The term ``financial 
institution'' has the meaning given the term in section 3 of 
the Electronic Fund Transfer Act.
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