Bill116th CongressFiled Jul 24, 2019Finance and Financial Sector
H.R. 3951
Payments Modernization Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (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 24, 2019
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Pressley, Ayanna [D-MA-7](D-MA)Sponsor
7 cosponsors7 D
7cosponsors1committees3actions1related bills5subjects
- Introduced in HouseJul 24, 2019
- Jul 24, 2019IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jul 24, 2019IntroReferralIntro-H
Introduced in House
- Jul 24, 2019IntroReferral1000
Introduced in House