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state_legiscan_backfill · DC

Youth Banking Amendment Act of 2025

November 14, 2025

Summary

If enacted, this bill would authorize minors in the District of Columbia to open and manage deposit accounts independently without parental or guardian consent. It further mandates the Department of Insurance, Securities and Banking to maintain and publish a list of financial institutions offering accounts tailored for minors.

AI-generated summary · May 20, 2026. Verify with your compliance counsel before acting.

How this was generated

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Source: https://lims.dccouncil.gov/Legislation/B26-0473

Common questions

What does "Youth Banking Amendment Act of 2025" cover?
If enacted, this bill would authorize minors in the District of Columbia to open and manage deposit accounts independently without parental or guardian…
When was it published?
It was published on November 14, 2025.

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