H.R. 1679
To amend the Expedited Funds Availability Act to clarify the application of that Act to American Samoa and the Northern Mariana Islands.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsor
Del. Faleomavaega, Eni F. H. [D-AS-At Large]
Bill Details
- Update Date
- Jan 11, 2023
- Origin Chamber
- House
- Bill Type
- HR
- Bill Number
- 1,679
- Congress
- 113
- Introduced Date
- Apr 23, 2013
- Policy Area
- Finance and Financial Sector
- Is Law
- No
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: Senate
The title of the measure was amended. Agreed to without objection.
Source: House floor actions
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5138)
Source: House floor actions
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5138)
Source: Library of Congress
DEBATE - The House proceeded with forty minutes of debate on H.R. 1679.
Source: House floor actions
Considered under suspension of the rules. (consideration: CR H5138-5139)
Source: House floor actions
Mr. Huizenga (MI) moved to suspend the rules and pass the bill, as amended.
Source: House floor actions
Referred to the House Committee on Financial Services.
Source: House floor actions
Sponsor introductory remarks on measure. (CR E522-523)
Source: Library of Congress
Introduced in House
Source: Library of Congress
Introduced in House
Source: Library of Congress
Amends the Expedited Funds Availability Act to apply it to American Samoa.
Extends by two business days, for American Samoa, any time periods established for large or redeposited check, repeated overdraft, reasonable cause, or other emergency exceptions to the 30-day funds availability requirements for deposits in an depository institution account by a new depositor. Applies this two-day extension to any deposit in an account at a depository institution located in American Samoa by a check drawn on an originating depository institution which is not located in the same state as the receiving depository institution.
Amends the Expedited Funds Availability Act to apply it to American Samoa and the Commonwealth of the Northern Mariana Islands.
Extends by two business days, for American Samoa and the Commonwealth, any time periods established for large or redeposited check, repeated overdraft, reasonable cause, or other emergency exceptions to the 30-day funds availability requirements for deposits in an depository institution account by a new depositor.
Extends by one business day any deposit which is both deposited: (1) in an account at a depository institution located in American Samoa or the Commonwealth, and (2) by a check drawn on an originating depository institution which is not located in the same commonwealth or territory as the receiving depository institution.
Banking, Housing, and Urban Affairs Committee
Financial Services Committee