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H.R. 8102 · 116th Congress

To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government…

Full title

To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government to be made available immediately.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

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.

What it does: CRS summary · Introduced in House · Aug 25, 2020

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.

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

About this bill and sources

Official title: To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government to be made available immediately.

Latest action (Aug 25, 2020): Referred to the House Committee on Financial Services.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Aug 25, 2020

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

No recorded floor vote found.