H.R. 8974 · 117th Congress
Payments Modernization Act of 2022
- Stage
- In committee
- Sponsor
- Ayanna Pressley
- Introduced
- 2022-09-22
- Latest action
- 2022-09-22 · Introduced in House
Summary
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.