H.R. 1497 · 117th Congress
To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government to be made available immediately.
- Stage
- In committee
- Sponsor
- Bill Foster
- Introduced
- 2021-03-02
- Latest action
- 2021-03-02 · Introduced in House
Summary
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.