US HB8102 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on August 25 2020 - 25% progression, died in committee
Action: 2020-08-25 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 25 2020 - 25% progression, died in committee
Action: 2020-08-25 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government to be made available immediately.
Sponsors
| Rep. Bill Foster [D-IL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-08-25 | House | Referred to the House Committee on Financial Services. |
| 2020-08-25 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/8102/all-info |
| Text | https://www.congress.gov/116/bills/hr8102/BILLS-116hr8102ih.pdf |
