HOUSE 5039118th CongressReferred to the House Committee on Financial Services.
Payments Modernization Act of 2023
- Last Action
- 7/27/2023
Actions
- 2023-07-27Referred to the House Committee on Financial Services.
- 2023-07-27Introduced in House
- 2023-07-27Introduced in House
CRS Summary
As of 2023-07-27 (00)
Payments Modernization Act of 2023
This bill requires depository institutions to make deposits available for withdrawal in real time. Under current law, deposits must be made available according to specified schedules based on the type of deposit.
The Government Accountability Office must publish a study on the impact payment delays have on disadvantaged communities.
Cosponsors (1)
- Stephen Lynch (D-MA)
Sourced from Congress.gov (public domain).
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