Bill116th CongressFiled Jul 24, 2019Commerce
S. 2243
Payments Modernization Act of 2019
Bill journey · stage 1 of 5
Just introduced
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 24, 2019)
Payments Modernization Act of 2019
This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user in real time, including funds deposited at a depository institution.
What just happenedJul 30, 2019
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Who’s behind it
Sen. Van Hollen, Chris [D-MD](D-MD)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions1related bills5subjects
- Introduced in SenateJul 24, 2019
- Jul 30, 2019Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Banking, Housing, and Urban Affairs Committee - Jul 24, 2019IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jul 24, 2019IntroReferral10000
Introduced in Senate