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H.R. 6306

BillFederalHouseIn Committee
Immediate Funds Availability Act of 2020
About This Bill
Committee
Latest Action · March 19, 2020
Referred to the House Committee on Financial Services.
Congress
116th (2019–2021)
Introduced
March 19, 2020
Sponsor
Cosponsors (1)
1D 0R
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Summary

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Immediate Funds Availability Act of 2020 This bill temporarily requires depository institutions located in a state with a public health emergency to immediately make available for withdrawal certain deposited funds. Specifically, the first $1,500 of a deposit must be made available in real time. This requirement expires three years after enactment.

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