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H.R. 8102

BillFederalHouseIn Committee
To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government to be made available immediately.
About This Bill
Committee
Latest Action · August 25, 2020
Referred to the House Committee on Financial Services.
Congress
116th (2019–2021)
Introduced
August 25, 2020
Sponsor
Rep. Bill FosterD
Cosponsors (0)
None
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Summary

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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.

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