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Bill would allow interest on business accounts.(House Financial Services Committee)(Brief Article)

Baltimore Business Journal

| March 23, 2001 | Hoover, Kent | COPYRIGHT 1989 Baltimore Business Publications, Inc. (Hide copyright information)Copyright

Small businesses and community banks hope to persuade Congress to repeal a Depression-era law that prohibits banks from paying interest on business checking accounts.

Legislation to remove the prohibition passed the House last year, but the Senate failed to act it on it before Congress adjourned. The House Financial Services …

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