Bill117th CongressFiled Sep 22, 2022Finance and Financial Sector
H.R. 8974
Payments Modernization Act of 2022
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 22, 2022)
Payments Modernization Act of 2022
This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user immediately at any time, including funds deposited at a depository institution.
What just happenedSep 22, 2022
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Pressley, Ayanna [D-MA-7](D-MA)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions1related bills
- Introduced in HouseSep 22, 2022
- Sep 22, 2022IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Sep 22, 2022IntroReferralIntro-H
Introduced in House
- Sep 22, 2022IntroReferral1000
Introduced in House