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H.R. 6871 · 110th Congress

Expedited Funds Availability Dollar Limits Adjustment Act of 2008

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 2 D

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Expedited Funds Availability Dollar Limits Adjustment Act of 2008 - Amends the Expedited Funds Availability Act to increase: (1) from $100 to $175 the amount of a federal, state, or local government check that is available for next business day withdrawal; and (2) from $400 to $700 the maximum cash amount of non-government checks available for 5 p.m.

What it does: CRS summary · Reported to House without amendment · Dec 9, 2008

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Expedited Funds Availability Dollar Limits Adjustment Act of 2008 - Amends the Expedited Funds Availability Act to increase: (1) from $100 to $175 the amount of a federal, state, or local government check that is available for next business day withdrawal; and (2) from $400 to $700 the maximum cash amount of non-government checks available for 5 p.m. withdrawal.

Directs the Board of Governors of the Federal Reserve System to make cost-of-living adjustments to such amounts every five years.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Expedited Funds Availability Dollar Limits Adjustment Act of 2008

Latest action (Dec 9, 2008): Placed on the Union Calendar, Calendar No. 592.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 11, 2008

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.