To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government to be made available immediately.
Active· Referred to the House Committee on Financial Services.
Introduced
Mar 2, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending
Introduced
Mar 2, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending
Executive Summary
This bill requires a depository institution to make funds from a government check available immediately for withdrawal. Currently, these funds must be made available the next business day after deposit.
Action Timeline
3
MAR 02, 2021•IntroReferral
Introduced in House
MAR 02, 2021•IntroReferral
Introduced in House
MAR 02, 2021•IntroReferral
Referred to the House Committee on Financial Services.