Bill117th CongressFiled Mar 2, 2021Finance and Financial Sector
H.R. 1497
To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government to be made available immediately.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in house (Mar 2, 2021)
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 just happenedMar 2, 2021
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Foster, Bill [D-IL-11](D-IL)Sponsor
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- Introduced in HouseMar 2, 2021
- Mar 2, 2021IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Mar 2, 2021IntroReferralIntro-H
Introduced in House
- Mar 2, 2021IntroReferral1000
Introduced in House